GigaMedia Limited (NASDAQ: GIGM) today released the mobile strategy card game Three Kingdoms Partner for Android devices. The game launch is the first of several initiatives planned for 2014 to expand GigaMedia's online game business with new mobile/browser games and social casino games.
More than half of Chinese users, or 59.4% percent shop online through their smartphones, according to the MasterCard Online Shopping Survey. The survey, which serves as a benchmark that measures consumers’ propensity to shop online, was conducted across 25 markets between November and December 2013. The report for the Asia/ Pacific region included interviews with 7010 respondents from 14 markets who were asked questions about their online shopping habits.
Sony Computer Entertainment Inc. (SCE) said that PlayStation 4 (PS4) console hardware sales has cumulatively sold through more than 6.0 million units globally as of March 2, 2014. This also includes the 370,000 units sold through in Japan since its launch on February 22.
Sohu.com (NASDAQ: SOHU), a Chinese gaming, digital media, and mobile service company said that Ms. Belinda Wang, Co-President and Chief Operating Officer, has resigned from the company for personal reasons, effective March 31, 2014. Wang will continue to serve as a consultant to the company for a transition period from April 1 through the end of 2014.
Tech site Mashable, said that Tribune Digital Ventures (TDV) has invested in the company’s Series A capital raise, which is now complete. In January, Mashable announced the initial close for its first capital raise of $13.3 Million led by Updata Partners.
Pearl Research and RedlineChina are pleased to report that Game Connection America 2014 will occur, March 17-19, at the Sir Francis Drake Hotel, San Francisco. During the event, a jury will award 2014's “Overall Best Project” from amongst various entries - based on presentation quality, project innovation and market potential.
KongZhong said Guild Wars 2 China will keep the same game play experience: players just pay for the game key one time, then are able to play the game for free with no subscription fee. In addition, on March 11, Guild Wars 2 China will host a two-week closed beta test where Chinese players will be invited to try out the MMO for free.
Mobvoi, which makes the mobile voice search service Chumen Wenwen, received nearly $10 million of Series B financing led by SIG. The company had previously received $1.6 million of Series A funding from Sequoia Capital and ZhenFund in 2012.
With more than four million members, China has quickly become one of the fastest growing countries for LinkedIn. This week, Linkedin announce the launch of its beta site in Simplified Chinese. The new Simplified Chinese website will broaden its reach to the country’s more than 140 million professionals who currently represent roughly one in five of the world’s knowledge workers.
Retailer Target India has launched the Target Accelerator Program to help start-ups develop concepts that could improve Target's business. The four-month immersive program is aimed at helping start-ups develop their ideas at Target India’s office. The five start-ups which have been identified for this program include: