Netdragon

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Netdragon Websoft Inc
Traded as SEHK: 0777
Genre massively multiplayer online games[1]
Founded May 1999 (1999-05)[1]
Headquarters Fuzhou[2], China
Number of employees
 3299 (in 2014) [3]
Website http://ir.netdragon.com/
Netdragon
Simplified Chinese 福建网龙计算机网络信息技术有限公司
Literal meaning NetDragon (Fujian) Computer Network Information Technology Co Ltd

Netdragon Websoft Inc is a Chinese company that develops and operates massively multiplayer online games in addition to making mobile applications.[1] The company debuted its first product in 2002.[1]

Some self-developed games it operates in China are based on Western IP, such as properties of Disney, Electronic Arts, and Ubisoft.[4] Other games based on its own IP are distributed in CIS nations, the Middle East, North Africa, Portugal, Russia, and Vietnam, etc.[5] Some games are also available in English.

Prior to selling this side of the business to Baidu, the company created a mobile phone app store stocked with self-created games and applications.[citation needed] Netdragon had differentiated itself by eschewing selling apps through the distribution channels of others instead creating its own;[6] in essence making consumers download an app to download an app but allowing them exposure to other Netdragon offerings in the process.[citation needed]

Sale of 91 Wireless

In August 2013, Netdragon’s sold its app store, 91 Wireless, to Baidu for $1.85 billion in what was hailed as the biggest deal ever in China’s IT sector.[7] As the company controlled less than 58% of 91 Wireless, Netdragon took an estimated $1.06 billion from the sale.[8]

The mobile applications available through this store, many of which are "91" branded,[citation needed] are quite disparate and include more than mobile games–running the gamut from fortune telling to wealth management.[9]

CSR

The company sponsors the Fujian NetDragon Youth Business Foundation, which helps entrepreneurial youth achieve their dream of starting a small business.[10]

See also

References

  1. ↑ 1.0 1.1 1.2 1.3 Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  4. ↑ For games based on Electronic Arts IP, see both Lua error in package.lua at line 80: module 'strict' not found. AND Lua error in package.lua at line 80: module 'strict' not found.
    • For game based on Disney IP, see Lua error in package.lua at line 80: module 'strict' not found.
    • For game based on Ubisoft IP, see Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ For Middle East and North Africa, see "NetDragon Sets the Bar for Arabic-language Region's Online Gaming Market." China Weekly News. NewsRX. 2011. HighBeam Research. 24 May. 2014
    • For Russia and CIS nations, see "NetDragon's 'Eudemons Online' Headed for Russia." China Weekly News. NewsRX. 2009. HighBeam Research. 24 May. 2014
    • For Indonesia, Malaysia, and Portugal, see "NetDragon Launches English Expansion Pack for Eudemons Online - 'The Divine Path'." Science Letter. NewsRX. 2009. HighBeam Research. 24 May. 2014
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ "NetDragon Signs Merger Pact between Baidu and 91 Wireless." Manufacturing Close-Up. Close-Up Media, Inc. 2013. HighBeam Research. 24 May. 2014
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ "NetDragon Fujian Honored with 2008 'National Outstanding Award for Internet Cultural Enterprise'." Internet Weekly News. NewsRX. 2009. HighBeam Research. 24 May. 2014
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