Company Profile
Last Updated:
Dec 4th, 2015
-
Website
About
Description
It's been a big year for Beijing developer Magic Universe. Established in 2009, it's built its reputation with two games; Latent Dragon Online and Forget Sin. Both released in 2012, Latent Dragon Online generated around $3 million in the first half of 2013, while action RPG Forget Sin - which has remained in the Chinese iPhone top grossing top 100 since launch - is now making $5 million a month.
The result is floated publishing company Tangel (SHE:300148) acquired Magic Universe for around $200 million including $60 million in cash in August. Not bad considering its 2012 turnover was just $11 million.
Office
- A806.Oriental Media Center
- No.4 Guanghua Rd
- Chaoyang Distict
- Beiijng
- China
Accolades
Company Coverage
1
Top Stories
as
News
May 15th, 2024
Nexon banks on $22bn IP Dungeon & Fighter being a mobile hit in China as Q1 revenue declines
as
Feature
2 hours, 17 minutes ago
Honor of Kings set for June 20th global launch after $15 billion+ revenue in China
Feature
May 14th, 2024
Matej Lančarič's Squad Busters deep dive: Under the skin of 2024's biggest launch yet
Events
Mobidictum Meetup Berlin May 2024 | Europe | May 16th |
Valencia Indie Summit 2024 | Europe | May 16th |
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
MomoCon 2024 | North America | May 24th |