Finet Group Breaks Into Chinese Internet Games Sector

‘The establishment of China Game as our online game group demonstrates Finet’s ambition and commitment to invest in this industry,’ stated Dr. George Yu, chairman of Finet. ‘Our emphasis on enhancing the group’s R&D capabilities also indicates Finet’s unwavering determination to build a competitive edge in the market.’

Finet’s China Game also has unveiled the timetables of its three self-developed three-dimensional massively multiplayer online role-playing games: ‘Warage’, ‘Tang Dynasty II’, and ‘Swordsman-Plus’. The closed beta testing of ‘Warage’ is scheduled to begin on May 13.

Headquartered in Shanghai, China Game aims to be a world-class group brand in China’s online game market. The company is planning to launch three to five new titles in 2009, and it targets to reach an aggregate of over one million concurrent users for all its games. While China Game is open to source for more domestic and overseas quality games, it also plans to set up additional R&D centers in Chengdu and other areas in China.

Founded in 1998, Finet Group is headquartered in Hong Kong, and has offices in Beijing, Shanghai and Shenzhen specializing in the Internet and financial business.

Source : Chinatechnews

0 comments

Add your comment

Commenting is allowed only for registered users.

Other articlesgo to homepage

Tencent Buys Google Social Networking

Tencent Buys Google Social Networking(0)

China’s largest Internet company Tencent Holdings Ltd has bought a Google-backed Chinese social networking company for more than $60 million, the China Business News reported on Tuesday.

Video Tudou 50 Million

Video Tudou 50 Million(0)

Chinese online-video website Tudou.com said it raised $50 million in its latest round of financing, the bulk of which is an investment from Singapore’s state-owned investment firm, Temasek Holdings Pte. Ltd., reported Wednesday’s Dow Jones.

Chinese SNS: Perish Before Old

Chinese SNS: Perish Before Old(0)

These days, almost all Chinese SNS sites seem losing their momentum to grow, especially compared with their American counterpart – Facebook.com

Youku CEO said: ‘Video industry is take off the hat of burning money’

Youku CEO said: ‘Video industry is take off the hat of burning money’(0)

A large-scale video website should across at least three ’100 million’ thresholds to be successful: the threshold of more than 100 million yuan capital investment; the threshold of more than 100 million video traffic; thresholds of advertising revenue exceeded 100 million yuan.

China accepted WTO ruling allowing joint ventures to distribute music online

China accepted WTO ruling allowing joint ventures to distribute music online(0)

US and China said that China agreed to abide by World Trade Organization (WTO) ruling, would by March 19 2011 to further open up entertainment product market.

read more

Contacts and information

Social networks

Most popular categories