cvn
Online Gaming Conference Targets VCs
Filed in archive Conferences by james on June 22, 2006
Online Gaming Conference Targets VCs
With more than 25 million game playing Chinese, mainly in net cafes, it's a well established fact, that games are serious business in the Middle kingdom. At the end of 2005, Chinese players spent over $600 million on online games.

With these numbers, it's reasonable to assume that venture capitalists may be standing ten deep at the scheduled Piper Jaffray-ChinaJoy Online Game Symposium and VC Conference to be held in Shanghai on July 28.

According to senior analyst, Safa Rashtchy, the Online Game Symposium will feature approximately 20 company executives, including those from The9 Limited and Shanda Interactive. It's newsworthy that Shanda's widely popular game, MMORPG, World of Warcraft, which has well over 1.6 million players in China, saw its revenue rise nearly 60% to $43.7 million in the second quarter 2006.

This symposia may be all about games but you can be assured that it's really all about increasing market share and VC investment appetites in the industry.

Permalink: Online Gaming Conference Targets VCs
Tags: China  online  games  china  venture  conference+targets  gaming+conference  venture+capital 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/25502
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for Online Gaming Conference Targets VCs:

  • Currently 7.50/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 7.50 out of 4 vote(s) cast.
Subscribe
Share It
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!