Giant sees new games and world to expand
Print Edition
GIANT Interactive aims to generate overseas income of US$200 million this year by acquiring high-quality game content and expanding distribution globally, the Shanghai-based game firm said yesterday.
Giant, which completed a US$3 billion privatization deal from the New York stock market last year, is likely to launch an initial public offering in the domestic market.
Giant will increase investment in new kind of games, mobile business and global expansion.
The company has obtained the intellectual property rights of sci-fi MMORPG (massive multiplayer online role playing game) Wildstar from US-based game studio Carbine. A public test of the game will begin on the Chinese mainland in August.
“The introduction of Wildstar is probably the biggest project of Giant in recent years,” said Peng Cheng, Giant’s vice president.
Peng predicted Giant’s overseas income at US$200 million this year with strong games like Wildstar and an expanded distribution channel. But he didn’t provide comparable figures for last year.
In 2014, China’s game exports reached US$3.07 billion, up 69 percent annually, said industry reports.
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