China Tech Newsletter – Dec. 15, 2015

Chinese game industry sales have reached RMB140.7 billion (roughly US$23bn) in 2015, up 23% from previous year, according to 2015 China Game Industry Annual Conference. 70% was generated by games developed by Chinese gaming companies.

43% of the total sales was from client games, 37% from mobile games and 16% from web games (or browser games).

Mobile games saw 87% increase in total sales. Video games only generated RMB220 million (US$35mn).

Game players have reached 534 million, a 3.3% year-over-year increase. (via Sina Tech)


Migu, the mobile content business of China Mobile, has paid RMB12.1 billion (roughly US$2bn) to third-party content providers and distributors in 2015.

Its platform has had some 4 million songs, 1.7 million videos, 430,000 e-books/e-mags, 370,000 anime episodes, 30,000 games and 1000 audio/video podcasts. Migu claims to have had more than 500 million users. (via Sina Tech)


Alibaba and Disney announced a multi-year license agreement for an over-the-top service, called DisneyLife, for the Chinese market.

“It features a vast collection of Disney and Pixar’s most loved movies, animation series, games, e-books, songs, travel services and Disney theme parks and resorts information…”

“The Mickey Mouse-themed device will be available for pre-sale via Tmall.com from December 15th and will cost RMB799 (US$125) inclusive of a one year subscription of DisneyLife of a base package.”


Alibaba has revamped its business-data analysis offerings and relaunched as Shengyi Canmou (“Business Advisor”).


“Arms of Alibaba and Tencent are joining the group bidding to take Chinese film studio and distributor Bona Film Group Ltd. private.” — The Wall Street Journal


Huawei expects its 2015 global revenues to increase over 29% to more than US$60 billion. — Gulfnews

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s