Comment on Veteran Chinese Causal Game Developer OURGAME to Go IPO in Hong Kong by Mobile Game Publisher iDreamSky Files For Nasdaq IPO to Raise Up to US$115M | Kungpao.tv

['Tracey Xiang', 'More Tracey Xiang', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2014-06-18 00:00:00

Starting from self-developed casual games, the company introduced other categories, mobile games and third-party titles along the way. The total revenue in 2013 increased 15% to 236 million yuan (US$53mn), netting 35 million yuan (US$6mn) in profit. Back in 2010 Bao Yueqiao, co-founder of Ourgame, told the story about how Ourgame was surpassed by Tencent’s QQ Games in an interview. Tencent’s first game was a copycat of a Ourgame game. It seems a lot of Chinese gaming companies wanted a turnaround when some mobile games began making money.