Chinese mobile internet service company KongZhong has just released its first quarter revenue figures, which have grown to push the company to become mainland China's premier mobile game developer and publisher.
Year-on-year, KongZhong recorded a 38 per cent increase for the first quarter, with mobile gaming accounting for 17 per cent of total revenue - up from 10 per cent in the previous quarter.
This is a huge jump in mobile gaming activity, thanks in no small part to the huge increase in visitors to the company's web and WAP portals, which measured an average of three million unique visitors per day.
It's also pioneered China's first Flash Lite mobile game community, a new mobile avatar system, China's first mobile social game Nong Chang Da Heng, and it begun to generate revenues based on its 'Traffic to Transaction' strategy which leverages Kong.net's mobile-based virtual currency system.
KongZhong chairman Lei Lei Wang said he hopes to build on this success by expanding the company's mobile distribution channels, which hopefully means bringing its products and expertise to new territories.
News
Related Articles
as
News
Dec 5th, 2016
Chinese World of Tanks publisher KongZhong set to delist itself from the US stock exchange
Top Stories
Feature
May 17th, 2024
New release roundup: The best new mobile games from a battle royale to a console classic remake
Feature
May 16th, 2024
Behind the scenes: How adding sandwich offers to an idle merge game boosted three metrics at once
Events
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 |
Morocco Gaming Expo | Africa | May 24th |
Popular Stories
Feature
May 14th, 2024
53 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Feature
May 13th, 2024
Hot Five: Dubai's new Gaming Visa, April's mobile game charts, and Xbox studio closures
Feature
May 14th, 2024