Gamevil Post Strong Q3 Results, Plans to Reach $100M for 2014

Korean mobile game publisher Gamevil announced its FY14 Q3 financials for the three months ending September 30, 2014.(KOSDAQ:063080) Total revenue for the quarter was $38.9 million, up 102% year-on-year. Net profit for the same period reach $8.9 million, up 449% year-on-year, or 185% quarter-on-quarter. This bring the total revenue for the first 9 months of 2014 to […]

Game Makers’ Valuations: Comparing Mojang, King and Supercell

More than two billion U.S. dollars. That’s the amount of money Microsoft Corp. MSFT +0.34% (MSFT) is reportedly willing to fork out for the Swedish video game developer Mojang AB. It’s the latest example of sky-high valuations pegged on young companies that own hot software properties—and just as importantly, tens of millions of young users—in […]

Perfect World Q2: Profits Double, Launches PWIN Fund

Total revenues were RMB928.4 million (USD149.6 million), compared with RMB891.1 million in the previous quarter and RMB700.1 million in the same quarter last year. Gross profit was RMB678.6 million (USD109.4 million), compared with RMB656.1 million in the previous quarter and RMB535.5 million in the same quarter last year. Operating profit was RMB128.2 million (USD20.7 million), […]