Perfect World
GameBy Michael Overton Brown
Documents about Perfect World
Superstar Session: Gaming: Key Market Insights for 2020
The mobile gaming industry experienced significant growth and structural shifts throughout 2019, characterized by a transition toward core gaming experiences and a maturing global market.
- Mobile gaming consumer spending reached approximately 86 billion dollars in 2019, accounting for roughly 75% of total app store revenue.
- The market is becoming increasingly top-heavy, with the number of games generating over 100 million dollars annually growing by 60% between 2017 and 2019.
- While casual and arcade titles dominate download charts, core genres—specifically action, battle royale (e.g., PUBG, Free Fire), and RPGs (e.g., Fate/Grand Order, Honor of Kings)—drive the majority of consumer spending and engagement time.
Data Digest: Q2 2019
The Q2 2019 Data Digest provides a comprehensive overview of the global mobile application economy, focusing on performance metrics across the Apple App Store and Google Play.
- Global mobile app downloads reached 28.7 billion in Q2 2019, representing an 11.5% year-over-year increase.
- Tinder remained the world's highest-grossing mobile app for the second consecutive quarter, outperforming major SVOD services including Netflix, YouTube, Tencent Video, and iQIYI.
- Tencent maintained its position as the top-earning mobile publisher globally, driven by the success of Honor of Kings and the monetization of PUBG Mobile following its rebranding as Game for Peace in China.
Tencent's Perfect World Breaks $100 Million on China's App Store in 22 Days
The mobile massively multiplayer online game Perfect World, published by Tencent, achieved significant commercial success within its first month of release on the Chinese iOS App Store.
- Tencent’s mobile MMO Perfect World generated over $100 million in player spending on China’s iOS App Store within its first 22 days following its March 5, 2019, launch.
- Perfect World successfully displaced Honor of Kings from the No. 1 grossing position on China’s App Store for 17 of its first 18 days, marking the most significant challenge to the title's dominance in over two years.
- The game achieved an average daily player spend of more than $4.5 million during its initial three-week period.
Biz Daily: Why Chinese publishers are delisting from NASDAQ
A growing trend of Chinese gaming companies, including KongZhong, iDreamSky, Perfect World, and Shanda Games, are moving to delist from the NASDAQ to transition into privately held entities.
- Chinese gaming companies including KongZhong, iDreamSky, Perfect World, and Shanda Games are delisting from the NASDAQ to transition into privately held entities.
- The primary driver for these management buyouts (MBOs) is a perceived undervaluation of gaming stocks by Western investors, who have historically remained skeptical of the sector.
- Management teams are seeking to escape the burden of rigorous US quarterly reporting and transparency requirements to regain operational flexibility and avoid public market volatility.
Perfect World CEO on a strategy for global F2P success
Perfect World maintains a global growth strategy centered on the free-to-play model across PC, console, and mobile platforms.
- Perfect World operates a cross-platform strategy, developing and publishing free-to-play titles across PC, console, and mobile, with a current pipeline of approximately 20 mobile games.
- The company successfully launched three top-10 mobile games in China in 2014 and is expanding its portfolio to include more casual and strategic genres to capture non-traditional mobile gamers.
- Perfect World is diversifying its development footprint, with roughly one-third of its current mobile pipeline projects being developed by studios outside of China.