Gamehaus courts investors with its China roots, international focus on casual games
The mobile game publisher has registered its New York IPO plan with China’s securities regulator, clearing a key final hurdle for its delayed New York SPAC listing Key Takeaways: Gamehaus…
BRIEF: CMGE swings to red with 240 million yuan interim loss
Mobile game developer and publisher CMGE Technology Group Ltd. (0302.HK)warned on Sunday that it expects to report an interim loss of up to 243 million yuan ($34 million), reversing a…
FAST NEWS: Newborn Town’s core businesses shine
The Latest: Social networking platform operator Newborn Town Inc. (9911.HK) said Thursday it expects to report that revenue from its social networking business reached between 2.055 billion yuan ($283 million) and 2.085 billion…
FAST NEWS: IGG’s shares surge on return to profits
The latest: Mobile game publisher IGG Inc. (0799.HK) forecast on Friday that it will report a net profit of about HK$70 million ($8.97 million) for 2023, reversing a loss of HK$500 million…
FAST NEWS: Games could power Newborn Town as core social revenue sags
The latest: Social networking platform Newborn Town Inc. (9911.HK) on Friday reported that revenue from its core social networking business totaled between 1.23 billion yuan ($170 million) and 1.26 billion yuan in…
FAST NEWS: Newborn Town’s revenue dips in first quarter
The latest: Social networking platform operator Newborn Town Inc. (9911.HK) reported Thursday that revenue from its social networking business totaled between 580 million yuan ($84 million) and 600 million yuan…
Even after Bilibili Tie-Up, Investors Find Little Fun in Game Developer CMGE
Despite strong pipeline for 2021, company that also counts Tencent as major backer is significantly undervalued Key Points: CMGE shares post strong gains in run-up to Bilibili tie-up, only to…