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Article: CHINA 08 ONLINE GAME MARKET SIZE HIKED 61.9%

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AsiaInfo Services
Article date:
March 20, 2009
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AsiaInfo Services
03-20-2009
China 08 Online Game Market Size Hiked 61.9%

BEIING, Mar 20, 2009 (SinoCast Daily Business Beat via COMTEX) -- The size of the Chinese online game market reached CNY 18.38 billion in 2008, surging 61.9% year on year, according to the Chinese market advisor CCID Consulting Co., Ltd. (SEHK: 8235).

Shanda Interactive Entertainment Ltd. (NASDAQ: SNDA), Netease.com Inc. (NASDAQ: NTES) and The9 Ltd. (NASDAQ: NCTY) snatched a 30.6% share of the market in total last year. By comparison, the top three companies' combined market share was 82.2% in 2005.

Their shares decreased as more companies grew up with self-developed products, such as Giant Interactive Group Inc. ...

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