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Article: CDC Games Hits Record Average Daily Revenue in China.(Financial report)
- Article from:
- Business Wire
- Article date:
- April 1, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING -- CDC Games, a business unit of CDC Corporation (NASDAQ: CHINA), and pioneer of the "free-to-play, pay-for-merchandise" model for online games in China, today announced that during the last 10 days of March the company posted record average daily revenue. The record covers the period starting last July when CDC acquired Optic and began to aggressively diversify its games portfolio. Average daily revenue for the company's games in China, based on preliminary results, was approximately USD $153,000 for the ten days ending March 31.
These results compare favorably to prior periods. Average daily revenue during the first three weeks of March 2008 was ...