In Q3 2014, China online gaming market kept stable growth; mobile gaming market’s total transaction value had an increase of 8.2% quarter on quarter. China online gaming companies are positively developing browser games, mobile games in oversea market and having achieved good results.
CMGE
China Mobile Games and Ent Group Revenue More Than Tripled YoY in Q3 2014
China Mobile Games and Entertainment Group (“CMGE”) reported revenue of RMB357.6 million (US$58.3 million), compared with RMB98.1 million in Q3 2013 andRMB274.6 million in Q2 2014. Revenues were 264.5% higher year-over-year and 30.2% higher quarter-over-quarter.