XD Network 2025 Annual Result
XD Network officially released its 2025 annual results. In 2025, the company recorded total revenue of RMB 5.764B (≈ $0.80B), up 15.0% YoY, and a net profit of RMB 1.657B (≈ $0.23B), up 86.0% YoY.
📌 Key Highlights:
- The game business and TapTap platform form the company’s two core pillars. In 2025, the game business generated RMB 3.796B (≈ $0.53B), accounting for 65.9% of total revenue, while the TapTap platform contributed RMB 1.968B (≈ $0.27B).
- As of December 31, 2025, XD’s portfolio comprised 22 online games and 45 premium games.
- XD launched the PC version of TapTap and, in early 2026, initiated an invitation-only test for TapTap Maker, with the goal of building a zero-barrier AI game-creation agent.
- Online game revenue rose 8.4% YoY to RMB 3,596.4M (≈ $500M) in 2025, driven by Ragnarok M: Classic (仙境傳說M：初心服), Heartopia (心動小鎮), Torchlight: Infinite (火炬之光：無限), and Etheria: Restart (伊瑟), partially offset by declines in older titles.
- Premium game revenue rose 15.6% YoY to RMB 128.0M (≈ $17.8M) in 2025, driven by Hero’s Adventure (大俠立志傳), Volcano Princess (火山的女兒) and new launches, partially offset by declines in existing titles.
- In Q4 2025, XD acquired the Torchlight (火炬之光) IP for USD 37.18M, supporting a long-term strategy to enhance Torchlight: Infinite (火炬之光：无限) and develop future titles.
In the coming year, XD will continue investing in R&D, optimize the TapTap ecosystem, deepen overseas expansion, and drive long-term high-quality growth.
🔗 Source: https://img.xdcdn.net/xdwp/2026/03/20260327040939234.pdf
XD Network officially released its 2025 annual results. In 2025, the company recorded total revenue of RMB 5.764B (≈ $0.80B), up 15.0% YoY, and a net profit of RMB 1.657B (≈ $0.23B), up 86.0% YoY.
📌 Key Highlights:
- The game business and TapTap platform form the company’s two core pillars. In 2025, the game business generated RMB 3.796B (≈ $0.53B), accounting for 65.9% of total revenue, while the TapTap platform contributed RMB 1.968B (≈ $0.27B).
- As of December 31, 2025, XD’s portfolio comprised 22 online games and 45 premium games.
- XD launched the PC version of TapTap and, in early 2026, initiated an invitation-only test for TapTap Maker, with the goal of building a zero-barrier AI game-creation agent.
- Online game revenue rose 8.4% YoY to RMB 3,596.4M (≈ $500M) in 2025, driven by Ragnarok M: Classic (仙境傳說M：初心服), Heartopia (心動小鎮), Torchlight: Infinite (火炬之光：無限), and Etheria: Restart (伊瑟), partially offset by declines in older titles.
- Premium game revenue rose 15.6% YoY to RMB 128.0M (≈ $17.8M) in 2025, driven by Hero’s Adventure (大俠立志傳), Volcano Princess (火山的女兒) and new launches, partially offset by declines in existing titles.
- In Q4 2025, XD acquired the Torchlight (火炬之光) IP for USD 37.18M, supporting a long-term strategy to enhance Torchlight: Infinite (火炬之光：无限) and develop future titles.
In the coming year, XD will continue investing in R&D, optimize the TapTap ecosystem, deepen overseas expansion, and drive long-term high-quality growth.
🔗 Source: https://img.xdcdn.net/xdwp/2026/03/20260327040939234.pdf
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Meridian Play Weekly Digest
May 2nd - May 8th
🌟 Pearl Abyss Sells CCP Games for $120M
Pearl Abyss sold EVE Online developer CCP Games to its management team in a $120M deal, marking a strategic divestment of the studio.
🔗 https://www.invenglobal.com/articles/21496/pearl-abyss-sells-eve-online-developer-ccp-games-to-secure-financial-health
🌟 Epic Games Store Launches on iPhone in Japan
Epic Games launched its app store on iPhone in Japan, marking a major step in its expansion into alternative mobile distribution channels in Asia.
🔗 https://www.pocketgamer.biz/epic-games-store-launches-on-iphone-in-japan/
🌟 Tencent Increases Stake in Game Science to 24%
Tencent increased its stake in Black Myth: Wukong developer Game Science from 5% to 24% following a share transfer from Hero Games.
🔗 https://gameworldobserver.com/2026/05/04/tencent-has-acquired-another-part-of-the-studio-behind-black-myth-wukong
🌟 Remedy Entertainment Plc CEO Wants to Break Into Asia
Remedy’s new CEO plans to expand into China and other Asian markets through local partnerships while keeping the studio’s AAA budgets modest.
🔗 https://www.gamedeveloper.com/production/new-remedy-ceo-wants-to-protect-modest-budgets-and-break-into-asia
🌟 Cygames Acquires Griot Groove inc.
Cygames has acquired Japanese VFX and motion capture studio Griot Groove to strengthen its production capabilities.
🔗 https://automaton-media.com/en/news/cygames-acquires-japanese-animation-vfx-and-motion-capture-company-credited-on-final-fantasy-vii-rebirth-ninja-gaiden-4/
🌟 CCP Games Rebrands as Fenris Creations
CCP Games has rebranded as Fenris Creations after regaining independence from Pearl Abyss, while also announcing an AI research partnership with Google DeepMind.
🔗 https://respawn.outlookindia.com/gaming/gaming-news/ccp-games-rebrands-as-fenris-creations-partners-with-deepmind
🌟 Indonesia’s Game Rating System (IGRS) Development Process
IGRS has been taken offline following an API failure that exposed sensitive developer data and massive spoilers for high-profile unreleased titles in 2026.
🔗 https://www.linkedin.com/posts/meridian-play_indonesias-game-rating-system-igrs-development-activity-7456949504299384832-8f-z?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFwKClgBLZpYDOOd5BT_EI2qCD8PK_C77fg
🌟 XD Network 2025 Annual Result
XD Network officially released its 2025 annual results. In 2025, the company recorded total revenue of RMB 5.764B (≈ $0.80B), up 15.0% YoY, and a net profit of RMB 1.657B (≈ $0.23B), up 86.0% YoY.
🔗 https://www.linkedin.com/posts/meridian-play_xd-network-2025-annual-result-xd-network-activity-7457674263232364544-VOAw?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFwKClgBLZpYDOOd5BT_EI2qCD8PK_C77fg
Subscribe to our Substack for more updates ➡️ https://meridianplay.substack.com
May 2nd - May 8th
🌟 Pearl Abyss Sells CCP Games for $120M
Pearl Abyss sold EVE Online developer CCP Games to its management team in a $120M deal, marking a strategic divestment of the studio.
🔗 https://www.invenglobal.com/articles/21496/pearl-abyss-sells-eve-online-developer-ccp-games-to-secure-financial-health
🌟 Epic Games Store Launches on iPhone in Japan
Epic Games launched its app store on iPhone in Japan, marking a major step in its expansion into alternative mobile distribution channels in Asia.
🔗 https://www.pocketgamer.biz/epic-games-store-launches-on-iphone-in-japan/
🌟 Tencent Increases Stake in Game Science to 24%
Tencent increased its stake in Black Myth: Wukong developer Game Science from 5% to 24% following a share transfer from Hero Games.
🔗 https://gameworldobserver.com/2026/05/04/tencent-has-acquired-another-part-of-the-studio-behind-black-myth-wukong
🌟 Remedy Entertainment Plc CEO Wants to Break Into Asia
Remedy’s new CEO plans to expand into China and other Asian markets through local partnerships while keeping the studio’s AAA budgets modest.
🔗 https://www.gamedeveloper.com/production/new-remedy-ceo-wants-to-protect-modest-budgets-and-break-into-asia
🌟 Cygames Acquires Griot Groove inc.
Cygames has acquired Japanese VFX and motion capture studio Griot Groove to strengthen its production capabilities.
🔗 https://automaton-media.com/en/news/cygames-acquires-japanese-animation-vfx-and-motion-capture-company-credited-on-final-fantasy-vii-rebirth-ninja-gaiden-4/
🌟 CCP Games Rebrands as Fenris Creations
CCP Games has rebranded as Fenris Creations after regaining independence from Pearl Abyss, while also announcing an AI research partnership with Google DeepMind.
🔗 https://respawn.outlookindia.com/gaming/gaming-news/ccp-games-rebrands-as-fenris-creations-partners-with-deepmind
🌟 Indonesia’s Game Rating System (IGRS) Development Process
IGRS has been taken offline following an API failure that exposed sensitive developer data and massive spoilers for high-profile unreleased titles in 2026.
🔗 https://www.linkedin.com/posts/meridian-play_indonesias-game-rating-system-igrs-development-activity-7456949504299384832-8f-z?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFwKClgBLZpYDOOd5BT_EI2qCD8PK_C77fg
🌟 XD Network 2025 Annual Result
XD Network officially released its 2025 annual results. In 2025, the company recorded total revenue of RMB 5.764B (≈ $0.80B), up 15.0% YoY, and a net profit of RMB 1.657B (≈ $0.23B), up 86.0% YoY.
🔗 https://www.linkedin.com/posts/meridian-play_xd-network-2025-annual-result-xd-network-activity-7457674263232364544-VOAw?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFwKClgBLZpYDOOd5BT_EI2qCD8PK_C77fg
Subscribe to our Substack for more updates ➡️ https://meridianplay.substack.com
❤5
Meridian Play & Ocean Entertainment Group (OEG) – Vietnam Domestic Gaming Industry Report
Meridian Play and OEG have collaborated on this report to provide an overview of Vietnam’s domestic gaming market. The report highlights Vietnam's local market landscape, as well as the opportunities and challenges for foreign companies looking to enter the market.
The market size reached $825 million by the end of 2025. This represents 9.16% growth year-over-year.
Vietnamese has 54+ million gamers, the majority of whom are mobile players.
By the end of 2025, games developed by Vietnamese mobile studios had reached 4.9 billion downloads, ranking second globally after China.
Payment methods in Vietnam are highly diversified. Electronic payments account for 31% of transactions, cards for 27%, and bank transfers for 21%, including the local NAPAS network.
The key publishers in the local market are VNG Games, Funtap, VTC, Garena, Gamota, and OEG.
Vietnam has 79.8 million internet users, with internet penetration reaching 78.8% of the population (+0.3% YoY). There is still room for further growth.
MMORPGs, team battle games, and 4X strategy titles were the top-performing game subgenres by revenue in Vietnam in 2025.
Vietnam’s gaming market is tightly regulated, requiring foreign developers to work with a local entity or licensed publisher. The G1–G4 license types are also outlined.
At the end of the report, we also covered solutions related to the new policies and the process of obtaining a copyright certificate, helping companies entering the Vietnamese market better understand local laws and regulations.
Full content version: https://gamedevreports.substack.com/p/meridian-play-and-oeg-vietnamese
Full slide deck version: https://www.linkedin.com/feed/update/urn:li:activity:7459479830921662464
Meridian Play and OEG have collaborated on this report to provide an overview of Vietnam’s domestic gaming market. The report highlights Vietnam's local market landscape, as well as the opportunities and challenges for foreign companies looking to enter the market.
The market size reached $825 million by the end of 2025. This represents 9.16% growth year-over-year.
Vietnamese has 54+ million gamers, the majority of whom are mobile players.
By the end of 2025, games developed by Vietnamese mobile studios had reached 4.9 billion downloads, ranking second globally after China.
Payment methods in Vietnam are highly diversified. Electronic payments account for 31% of transactions, cards for 27%, and bank transfers for 21%, including the local NAPAS network.
The key publishers in the local market are VNG Games, Funtap, VTC, Garena, Gamota, and OEG.
Vietnam has 79.8 million internet users, with internet penetration reaching 78.8% of the population (+0.3% YoY). There is still room for further growth.
MMORPGs, team battle games, and 4X strategy titles were the top-performing game subgenres by revenue in Vietnam in 2025.
Vietnam’s gaming market is tightly regulated, requiring foreign developers to work with a local entity or licensed publisher. The G1–G4 license types are also outlined.
At the end of the report, we also covered solutions related to the new policies and the process of obtaining a copyright certificate, helping companies entering the Vietnamese market better understand local laws and regulations.
Full content version: https://gamedevreports.substack.com/p/meridian-play-and-oeg-vietnamese
Full slide deck version: https://www.linkedin.com/feed/update/urn:li:activity:7459479830921662464
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China’s April 2026 Game License Approvals
On April 29, 2026, China’s National Press and Publication Administration (NPPA) officially released the April game license approval results. A total of 147 domestic games and 7 imported games received approval.
📌 Key Highlights:
- On the game platform breakdown, multi-platform releases remained limited, with only 10 titles across mobile and PC, and just 1 title covering mobile, PC, and PS5. Mobile games continued to dominate, accounting for 90 titles.
- In terms of genre distribution, 45 titles were classified as “mobile casual/puzzle” games.
- The approved imported titles include Xuan-Yuan Sword IP (轩辕剑之上古神器), Ragnarok IP (仙境传说：诸神战场), Besiege (围攻), Brotato (土豆兄弟), ARC Raiders (弧光猎人), Monopoly IP (大富翁：全球首富), and Big Helmet Heroes (大头盔英雄).
- ARC Raiders, the 2025 TGA Best Multiplayer Game winner developed by Embark Studios (a Nexon subsidiary), has secured Tencent as its exclusive publisher in mainland China.
- NetEase’s Joker Studio-developed open-world RPG Sea of Remnants (遗忘之海) is also a key highlight, having generated strong player discussion since its reveal and entering early testing this year. It is planned for mobile, PC, and PS5, targeting a Q3 2026 launch.
As of April 2026, 621 games have been approved year-to-date, including 600 domestic and 21 imported titles, up ~22.49% YoY from 507 in the same period of 2025.
🔗 Source:
https://www.nppa.gov.cn/bsfw/jggs/yxspjg/gcwlyxspxx/202604/t20260429_987943.html
On April 29, 2026, China’s National Press and Publication Administration (NPPA) officially released the April game license approval results. A total of 147 domestic games and 7 imported games received approval.
📌 Key Highlights:
- On the game platform breakdown, multi-platform releases remained limited, with only 10 titles across mobile and PC, and just 1 title covering mobile, PC, and PS5. Mobile games continued to dominate, accounting for 90 titles.
- In terms of genre distribution, 45 titles were classified as “mobile casual/puzzle” games.
- The approved imported titles include Xuan-Yuan Sword IP (轩辕剑之上古神器), Ragnarok IP (仙境传说：诸神战场), Besiege (围攻), Brotato (土豆兄弟), ARC Raiders (弧光猎人), Monopoly IP (大富翁：全球首富), and Big Helmet Heroes (大头盔英雄).
- ARC Raiders, the 2025 TGA Best Multiplayer Game winner developed by Embark Studios (a Nexon subsidiary), has secured Tencent as its exclusive publisher in mainland China.
- NetEase’s Joker Studio-developed open-world RPG Sea of Remnants (遗忘之海) is also a key highlight, having generated strong player discussion since its reveal and entering early testing this year. It is planned for mobile, PC, and PS5, targeting a Q3 2026 launch.
As of April 2026, 621 games have been approved year-to-date, including 600 domestic and 21 imported titles, up ~22.49% YoY from 507 in the same period of 2025.
🔗 Source:
https://www.nppa.gov.cn/bsfw/jggs/yxspjg/gcwlyxspxx/202604/t20260429_987943.html
❤5
Meridian Play Weekly Digest
May 9th - May 15th
🌟 Nintendo Switch China Officially Shuts Down
Today, May 15 at 10pm Beijing Time, NS China officially shuts down its online services.
Tencent, the official mainland China distributor for NS, had announced the gradual termination of Nintendo eShop and related online services back in 2024.
A later announcement confirmed that all repair services for hardware and accessories will officially end on Dec 31 2026.
🔗 https://www.reuters.com/technology/chinese-online-service-nintendo-switch-cease-operations-march-31-2026-2024-11-26/
🌟 WEMADE Settles Long-Running IP Dispute with Kingnet
Wemade and Kingnet have settled their Legend of Mir 2 royalty dispute, with Wemade receiving approximately USD 30 million in compensation.
🔗 https://www.thelec.net/news/articleView.html?idxno=10120&
🌟 Shift Up Breaks From Sony
South Korean studio Shift Up announced in Seoul that Stellar Blade 2 will be self-published instead of being handled by Sony, marking a shift toward high-quality publishing and greater IP control.
🔗 https://www.snk-corp.co.jp/us/press/2026/announcement-of-new-studio-establishment-katsuhiro-harada-appointed-as-representative/
🌟 US Designates Vietnam a Priority Foreign Country on IP
The U.S. designated Vietnam as a Priority Foreign Country over intellectual property concerns, escalating longstanding issues around IP enforcement, internet regulation, and digital platforms into potential trade and tariff measures - the first designation of its kind in 13 years.
🔗 https://www.vietnam-briefing.com/news/us-designates-vietnam-a-priority-foreign-country-on-ip-what-foreign-businesses-should-review.html/
🌟 Switch 2 Supply Constraints Could Delay Game Releases
Since early 2026, Nintendo’s share price has dropped more than 30% amid growing concerns that Switch 2 supply shortages following its June launch may be slowing down game releases. Rising memory costs and weaker consumer demand are also adding pressure on both Nintendo and Sony.
🔗 https://www.japantimes.co.jp/business/2026/05/11/companies/nintendo-shares-tumble/
🌟 NCSoft Expands Mobile Portfolio
On 12 May 2026, NCSoft subsidiary Veroplay acquired Moving Eye Games and the Swamp Attack franchise, expanding NCSoft’s push into the global casual mobile market.
🔗 https://www.pocketgamer.biz/ncsoft-subsidiary-veroplay-acquires-moving-eye-games-and-swamp-attack-franchise/
🌟 Nagoshi Studio’s Official Website and YouTube Content Have Been Removed
Nagoshi Studio’s official website has been taken offline, while all content on its YouTube channel has been cleared, reportedly following NetEase’s decision to withdraw funding amid continued uncertainty around the studio’s debut title, Gang of Dragon.
🔗 https://www.pcgamer.com/gaming-industry/gang-of-dragon-studio-website-disappears-without-notice-as-netease-funding-dries-up/
🌟 Vietnam Domestic Gaming Industry Report
Meridian Play and Ocean Entertainment Group (OEG) collaborated on this report to provide an overview of Vietnam’s domestic gaming market. The report highlights Vietnam's local market landscape, as well as the opportunities and challenges for foreign companies looking to enter the market.
🔗 https://tinyurl.com/sax8wmde
🌟 China’s April 2026 Game License Approvals
On April 29, 2026, China’s National Press and Publication Administration (NPPA) officially released the April game license approval results. A total of 147 domestic games and 7 imported games received approval.
🔗 https://www.linkedin.com/feed/update/urn:li:activity:7460210983869890562/
Subscribe to our Substack for more updates ➡️ https://meridianplay.substack.com/
May 9th - May 15th
🌟 Nintendo Switch China Officially Shuts Down
Today, May 15 at 10pm Beijing Time, NS China officially shuts down its online services.
Tencent, the official mainland China distributor for NS, had announced the gradual termination of Nintendo eShop and related online services back in 2024.
A later announcement confirmed that all repair services for hardware and accessories will officially end on Dec 31 2026.
🔗 https://www.reuters.com/technology/chinese-online-service-nintendo-switch-cease-operations-march-31-2026-2024-11-26/
🌟 WEMADE Settles Long-Running IP Dispute with Kingnet
Wemade and Kingnet have settled their Legend of Mir 2 royalty dispute, with Wemade receiving approximately USD 30 million in compensation.
🔗 https://www.thelec.net/news/articleView.html?idxno=10120&
🌟 Shift Up Breaks From Sony
South Korean studio Shift Up announced in Seoul that Stellar Blade 2 will be self-published instead of being handled by Sony, marking a shift toward high-quality publishing and greater IP control.
🔗 https://www.snk-corp.co.jp/us/press/2026/announcement-of-new-studio-establishment-katsuhiro-harada-appointed-as-representative/
🌟 US Designates Vietnam a Priority Foreign Country on IP
The U.S. designated Vietnam as a Priority Foreign Country over intellectual property concerns, escalating longstanding issues around IP enforcement, internet regulation, and digital platforms into potential trade and tariff measures - the first designation of its kind in 13 years.
🔗 https://www.vietnam-briefing.com/news/us-designates-vietnam-a-priority-foreign-country-on-ip-what-foreign-businesses-should-review.html/
🌟 Switch 2 Supply Constraints Could Delay Game Releases
Since early 2026, Nintendo’s share price has dropped more than 30% amid growing concerns that Switch 2 supply shortages following its June launch may be slowing down game releases. Rising memory costs and weaker consumer demand are also adding pressure on both Nintendo and Sony.
🔗 https://www.japantimes.co.jp/business/2026/05/11/companies/nintendo-shares-tumble/
🌟 NCSoft Expands Mobile Portfolio
On 12 May 2026, NCSoft subsidiary Veroplay acquired Moving Eye Games and the Swamp Attack franchise, expanding NCSoft’s push into the global casual mobile market.
🔗 https://www.pocketgamer.biz/ncsoft-subsidiary-veroplay-acquires-moving-eye-games-and-swamp-attack-franchise/
🌟 Nagoshi Studio’s Official Website and YouTube Content Have Been Removed
Nagoshi Studio’s official website has been taken offline, while all content on its YouTube channel has been cleared, reportedly following NetEase’s decision to withdraw funding amid continued uncertainty around the studio’s debut title, Gang of Dragon.
🔗 https://www.pcgamer.com/gaming-industry/gang-of-dragon-studio-website-disappears-without-notice-as-netease-funding-dries-up/
🌟 Vietnam Domestic Gaming Industry Report
Meridian Play and Ocean Entertainment Group (OEG) collaborated on this report to provide an overview of Vietnam’s domestic gaming market. The report highlights Vietnam's local market landscape, as well as the opportunities and challenges for foreign companies looking to enter the market.
🔗 https://tinyurl.com/sax8wmde
🌟 China’s April 2026 Game License Approvals
On April 29, 2026, China’s National Press and Publication Administration (NPPA) officially released the April game license approval results. A total of 147 domestic games and 7 imported games received approval.
🔗 https://www.linkedin.com/feed/update/urn:li:activity:7460210983869890562/
Subscribe to our Substack for more updates ➡️ https://meridianplay.substack.com/
👍3
Tencent Q1 2026 Financial Results
In May 2026, Tencent released its unaudited Q1 2026 financial results. Total revenue reached RMB 196.5B ($28.9B), up 9% year-over-year, while gross profit rose 11% to RMB 111.3B ($16.4B).
📌 Key Highlights:
- Domestic gaming revenue rose 6% year-over-year to RMB 45.4 billion ($6.3 billion). Growth trailed domestic game gross receipts due to delayed revenue recognition following the later 2026 Chinese New Year holiday.
- Domestic game gross receipts grew by double digits year-over-year, driven by evergreen titles such as Honor of Kings (王者荣耀) and Peacekeeper Elite (和平精英), as well as newer releases including Delta Force (三角洲行动) and VALORANT Mobile (无畏契约：源能行动).
- International Games revenues were RMB18.8 billion, up 13% YoY (14% on a constant-currency basis), primarily driven by higher revenues from Clash Royale, Wuthering Waves and VALORANT PC.
- Beyond evergreen titles, the newly launched game Rock Kingdom: World (洛克王国：世界) also gained strong popularity, with average DAU surpassing 13 million in its first month after launching in late March.
Tencent will continue expanding AI adoption across its businesses. In gaming, AI is already used in 3D asset generation, graphics optimization, and NPC interaction. NPC battles in Rock Kingdom: World (洛克王国：世界) are mainly powered by reinforcement learning AI.
🔗 Source: https://www.tencent.com/en-us/investors.html#investors-con-1
In May 2026, Tencent released its unaudited Q1 2026 financial results. Total revenue reached RMB 196.5B ($28.9B), up 9% year-over-year, while gross profit rose 11% to RMB 111.3B ($16.4B).
📌 Key Highlights:
- Domestic gaming revenue rose 6% year-over-year to RMB 45.4 billion ($6.3 billion). Growth trailed domestic game gross receipts due to delayed revenue recognition following the later 2026 Chinese New Year holiday.
- Domestic game gross receipts grew by double digits year-over-year, driven by evergreen titles such as Honor of Kings (王者荣耀) and Peacekeeper Elite (和平精英), as well as newer releases including Delta Force (三角洲行动) and VALORANT Mobile (无畏契约：源能行动).
- International Games revenues were RMB18.8 billion, up 13% YoY (14% on a constant-currency basis), primarily driven by higher revenues from Clash Royale, Wuthering Waves and VALORANT PC.
- Beyond evergreen titles, the newly launched game Rock Kingdom: World (洛克王国：世界) also gained strong popularity, with average DAU surpassing 13 million in its first month after launching in late March.
Tencent will continue expanding AI adoption across its businesses. In gaming, AI is already used in 3D asset generation, graphics optimization, and NPC interaction. NPC battles in Rock Kingdom: World (洛克王国：世界) are mainly powered by reinforcement learning AI.
🔗 Source: https://www.tencent.com/en-us/investors.html#investors-con-1
👍4
Giant Interactive Group Inc 2025 Annual Results Report
Giant Network reported 2025 revenue of RMB 5.047B (≈ $0.70B), net profit of RMB 1.669B (≈ $0.23B), and adjusted net profit of RMB 2.058B (≈ $0.28B), up 72.69%, 17.14%, and 26.83% YoY.
📌 Key Highlights:
- 2025 marked the 20th anniversary of the “Zhengtu (征途)” IP. 原始征途 expanded via its mini-game version, adding over 27 million users, with annual bookings exceeding RMB 700 million (+18.62% YoY).
- Supernatural Action Team (超自然行动组), a light horror mobile game launched on Jan 23, 2025, surpassed 200M users and RMB 5B bookings (≈ $0.69B USD), strengthening the company’s casual competitive position.
- Battle Of Balls (球球大作战) built a dual engine of mini-programs (Douyin, WeChat) and app. It added over 35 million new mini-program users in 2025, with over 1 million active users.
- The in-development card game 名将杀 began a non-deletion paid test in Dec 2025, launched on Steam on Mar 17, 2026, received “Very Positive” reviews from over 1,000 users, and is scheduled for a full release in summer 2026.
- In 2025, Super Sus expanded in Southeast Asia, with net profit more than doubling year-on-year.
In 2026, Giant Network will continue strengthening its MMORPG and casual competitive businesses, further developing its core IPs: Zhengtu (征途), Battle of Balls (球球大作战), and Supernatural Action Team (超自然行动组). It will also advance global expansion, preparing select self-developed games for overseas markets and improving publishing and operational capabilities.
🔗 Source: https://static.cninfo.com.cn/finalpage/2026-04-27/1225190389.PDF
Giant Network reported 2025 revenue of RMB 5.047B (≈ $0.70B), net profit of RMB 1.669B (≈ $0.23B), and adjusted net profit of RMB 2.058B (≈ $0.28B), up 72.69%, 17.14%, and 26.83% YoY.
📌 Key Highlights:
- 2025 marked the 20th anniversary of the “Zhengtu (征途)” IP. 原始征途 expanded via its mini-game version, adding over 27 million users, with annual bookings exceeding RMB 700 million (+18.62% YoY).
- Supernatural Action Team (超自然行动组), a light horror mobile game launched on Jan 23, 2025, surpassed 200M users and RMB 5B bookings (≈ $0.69B USD), strengthening the company’s casual competitive position.
- Battle Of Balls (球球大作战) built a dual engine of mini-programs (Douyin, WeChat) and app. It added over 35 million new mini-program users in 2025, with over 1 million active users.
- The in-development card game 名将杀 began a non-deletion paid test in Dec 2025, launched on Steam on Mar 17, 2026, received “Very Positive” reviews from over 1,000 users, and is scheduled for a full release in summer 2026.
- In 2025, Super Sus expanded in Southeast Asia, with net profit more than doubling year-on-year.
In 2026, Giant Network will continue strengthening its MMORPG and casual competitive businesses, further developing its core IPs: Zhengtu (征途), Battle of Balls (球球大作战), and Supernatural Action Team (超自然行动组). It will also advance global expansion, preparing select self-developed games for overseas markets and improving publishing and operational capabilities.
🔗 Source: https://static.cninfo.com.cn/finalpage/2026-04-27/1225190389.PDF
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Meridian Play Weekly Digest
May 16th - May 22nd
🌟 We Are Speaking at GAME AiCON 2026
Our CEO, Ilya Gutov, will be speaking on GAME AiCON 2026, talk about the realities of East-West business development in gaming, global publishing challenges in 2026. Feel free to reach out and meet the Meridian Play team in Seoul.
🔗 https://www.linkedin.com/feed/update/urn:li:activity:7463521657564073984
🌟 Tencent Partners with India Gaming
Tencent has partnered with the Services Export Promotion Council and the Game Developer Association of India to strengthen the country's gaming ecosystem.
Under a new three-year agreement, Tencent will provide global publishing support and developer training. Key initiatives include supporting a National Game Jam for over 10,000 students annually, launching "Train-the-Trainer" programs, and participating in the Indian Game Developers Conference.
🔗 https://www.pocketgamer.biz/tencent-commits-over-1m-to-support-indias-orange-economy/
🌟 Sony Faces Lawsuit Over PS5 Tariff Refunds
Sony faces a proposed class-action lawsuit in California for allegedly raising PlayStation prices due to U.S. tariffs, then keeping the government tariff refunds instead of compensating buyers. Plaintiffs call the move a "double recovery windfall."
The case serves as a reminder for game and tech companies to carefully manage tariff-related pricing strategies and refund policies.
🔗 https://www.gamedeveloper.com/business/sony-is-being-sued-for-allegedly-benefiting-from-tariff-refunds
🌟 Love and Deepspace: Pulling $1B User Spend On Gacha Events
Driven by its massive financial success, Love and Deepspace has topped $1 billion in global player spending through frequent, highly enticing gacha events.
The report breaks down the game's revenue, analyzing how well-paced LiveOps—like holiday specials and character birthdays—keep players spending. These insights help developers make smarter decisions when designing their own games and monetization strategies.
🔗 https://appmagic.rocks/research/love-and-deepspace-monetization?utm_source=AMNewsletter&utm_campaign=AMNews14
🌟 Roblox Will First Roll Out Its Account Separation System in Four Countries
On May 19, Roblox announced it would first introduce its account separation system in four countries—New Zealand, the Netherlands, Australia, and Indonesia—and then expand it globally in early June. Accounts will be categorized into Kids (ages 5–8), Select (ages 9–15), and General (ages 16 and above).
In Asia, Roblox began implementing measures in Indonesia last month to comply with social media rules for users under 16, and the new system is now in place. Malaysia has also been reviewing Roblox, with regulation originally expected this year.
🔗 https://www.asiae.co.kr/en/article/2026052108464571861
🌟Nexon and Tencent Extend Publishing Partnership
Nexon extended its publishing agreement with Tencent for Dungeon & Fighter in China for another 10 years. The game was first released in Korea in 2005. In 2008, Tencent launched a localized version of Dungeon & Fighter in China.
🔗 https://gamesbeat.com/nexon-tencent-extend-partnership-dungeon-fighter-in-china/
May 16th - May 22nd
🌟 We Are Speaking at GAME AiCON 2026
Our CEO, Ilya Gutov, will be speaking on GAME AiCON 2026, talk about the realities of East-West business development in gaming, global publishing challenges in 2026. Feel free to reach out and meet the Meridian Play team in Seoul.
🔗 https://www.linkedin.com/feed/update/urn:li:activity:7463521657564073984
🌟 Tencent Partners with India Gaming
Tencent has partnered with the Services Export Promotion Council and the Game Developer Association of India to strengthen the country's gaming ecosystem.
Under a new three-year agreement, Tencent will provide global publishing support and developer training. Key initiatives include supporting a National Game Jam for over 10,000 students annually, launching "Train-the-Trainer" programs, and participating in the Indian Game Developers Conference.
🔗 https://www.pocketgamer.biz/tencent-commits-over-1m-to-support-indias-orange-economy/
🌟 Sony Faces Lawsuit Over PS5 Tariff Refunds
Sony faces a proposed class-action lawsuit in California for allegedly raising PlayStation prices due to U.S. tariffs, then keeping the government tariff refunds instead of compensating buyers. Plaintiffs call the move a "double recovery windfall."
The case serves as a reminder for game and tech companies to carefully manage tariff-related pricing strategies and refund policies.
🔗 https://www.gamedeveloper.com/business/sony-is-being-sued-for-allegedly-benefiting-from-tariff-refunds
🌟 Love and Deepspace: Pulling $1B User Spend On Gacha Events
Driven by its massive financial success, Love and Deepspace has topped $1 billion in global player spending through frequent, highly enticing gacha events.
The report breaks down the game's revenue, analyzing how well-paced LiveOps—like holiday specials and character birthdays—keep players spending. These insights help developers make smarter decisions when designing their own games and monetization strategies.
🔗 https://appmagic.rocks/research/love-and-deepspace-monetization?utm_source=AMNewsletter&utm_campaign=AMNews14
🌟 Roblox Will First Roll Out Its Account Separation System in Four Countries
On May 19, Roblox announced it would first introduce its account separation system in four countries—New Zealand, the Netherlands, Australia, and Indonesia—and then expand it globally in early June. Accounts will be categorized into Kids (ages 5–8), Select (ages 9–15), and General (ages 16 and above).
In Asia, Roblox began implementing measures in Indonesia last month to comply with social media rules for users under 16, and the new system is now in place. Malaysia has also been reviewing Roblox, with regulation originally expected this year.
🔗 https://www.asiae.co.kr/en/article/2026052108464571861
🌟Nexon and Tencent Extend Publishing Partnership
Nexon extended its publishing agreement with Tencent for Dungeon & Fighter in China for another 10 years. The game was first released in Korea in 2005. In 2008, Tencent launched a localized version of Dungeon & Fighter in China.
🔗 https://gamesbeat.com/nexon-tencent-extend-partnership-dungeon-fighter-in-china/
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🌟 Tencent Signs Strategic MOU With South Korea’s Game Culture Foundation
Tencent and South Korea’s Game Culture Foundation have signed a strategic agreement to promote sustainable industry growth through global policy forums, talent programs, and cultural initiatives.
Beyond this partnership, Tencent continues to work alongside the Korea Creative Content Agency (KOCCA) to support the domestic gaming market and nurture next-generation talent.
🔗 https://www.invenglobal.com/articles/22005/tencent-and-game-culture-foundation-sign-strategic-mou-to-foster-global-game-ecosystem
🌟 GCL Global Holdings Subsidiary 4Divinity Secures $10M Strategic Investment
Singapore-based GCL announced that its publishing subsidiary 4Divinity has secured a $10 million strategic investment from ADATA. This follows previous investments from ADATA in late 2025 and early 2026.
The new funding will support 4Divinity's global game publishing expansion and digital distribution infrastructure while accelerating the acquisition of high-profile titles to strengthen its international market presence.
🔗 https://www.globenewswire.com/de/news-release/2026/05/19/3297493/0/en/gcl-announces-expanded-strategic-investment-from-adata-technology-to-accelerate-global-entertainment-and-digital-growth.html
🌟 Tencent Q1 2026 Financial Results
In May 2026, Tencent released its unaudited Q1 2026 financial results. Total revenue reached RMB 196.5B ($28.9B), up 9% year-over-year, while gross profit rose 11% to RMB 111.3B ($16.4B).
🔗 https://www.linkedin.com/posts/meridian-play_tencent-q1-2026-financial-results-in-may-activity-7462023770413711360-STmK?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFwKClgBLZpYDOOd5BT_EI2qCD8PK_C77fg
🌟 Giant Interactive Group Inc 2025 Annual Results Report
Giant Network reported 2025 revenue of RMB 5.047B (≈ $0.70B), net profit of RMB 1.669B (≈ $0.23B), and adjusted net profit of RMB 2.058B (≈ $0.28B), up 72.69%, 17.14%, and 26.83% YoY.
🔗 https://www.linkedin.com/posts/meridian-play_giant-interactive-group-inc-2025-annual-results-activity-7462747709528039424-xxrw?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFwKClgBLZpYDOOd5BT_EI2qCD8PK_C77fg
Subscribe to our Substack for more updates https://meridianplay.substack.com/
Tencent and South Korea’s Game Culture Foundation have signed a strategic agreement to promote sustainable industry growth through global policy forums, talent programs, and cultural initiatives.
Beyond this partnership, Tencent continues to work alongside the Korea Creative Content Agency (KOCCA) to support the domestic gaming market and nurture next-generation talent.
🔗 https://www.invenglobal.com/articles/22005/tencent-and-game-culture-foundation-sign-strategic-mou-to-foster-global-game-ecosystem
🌟 GCL Global Holdings Subsidiary 4Divinity Secures $10M Strategic Investment
Singapore-based GCL announced that its publishing subsidiary 4Divinity has secured a $10 million strategic investment from ADATA. This follows previous investments from ADATA in late 2025 and early 2026.
The new funding will support 4Divinity's global game publishing expansion and digital distribution infrastructure while accelerating the acquisition of high-profile titles to strengthen its international market presence.
🔗 https://www.globenewswire.com/de/news-release/2026/05/19/3297493/0/en/gcl-announces-expanded-strategic-investment-from-adata-technology-to-accelerate-global-entertainment-and-digital-growth.html
🌟 Tencent Q1 2026 Financial Results
In May 2026, Tencent released its unaudited Q1 2026 financial results. Total revenue reached RMB 196.5B ($28.9B), up 9% year-over-year, while gross profit rose 11% to RMB 111.3B ($16.4B).
🔗 https://www.linkedin.com/posts/meridian-play_tencent-q1-2026-financial-results-in-may-activity-7462023770413711360-STmK?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFwKClgBLZpYDOOd5BT_EI2qCD8PK_C77fg
🌟 Giant Interactive Group Inc 2025 Annual Results Report
Giant Network reported 2025 revenue of RMB 5.047B (≈ $0.70B), net profit of RMB 1.669B (≈ $0.23B), and adjusted net profit of RMB 2.058B (≈ $0.28B), up 72.69%, 17.14%, and 26.83% YoY.
🔗 https://www.linkedin.com/posts/meridian-play_giant-interactive-group-inc-2025-annual-results-activity-7462747709528039424-xxrw?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFwKClgBLZpYDOOd5BT_EI2qCD8PK_C77fg
Subscribe to our Substack for more updates https://meridianplay.substack.com/
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Square Enix Financial Results for FY2026
Square Enix Holdings released its FY2026 financial results in May (fiscal year covering April 1, 2025, to March 31, 2026), reporting net sales of ¥297.6 billion (≈ $1.8 billion, down 8.3% YoY) and operating income of ¥54.7 billion (≈ $0.345 billion, up 34.9% YoY).
📌 Key Highlights:
- Digital entertainment sales declined by 16.3% year over year, but operating income rose 28% to JPY 43.3 Billion ($273M).
- The HD Games business posted higher sales and operating income in FY2026, driven by titles including “Final Fantasy Tactics - The Ivalice Chronicles,” “Dragon Quest I & II HD-2D Remake,” and “Dragon Quest VII Reimagined,” alongside stronger catalog sales.
- In MMO net sales and operating income declined year-over-year due to the prior year’s launch of the Final Fantasy XIV: Dawntrail expansion, which created a high base effect.
- Smart Devices/PC Browser generated JPY ¥55.2B (≈ $0.35B) in net sales, while operating income reached JPY ¥14.0B (≈ $0.09B), with profitability improving YoY despite lower sales.
- The company also updated its three-year plan, first announced in 2024, emphasizing “strengthening its development structure and title management framework.”
- The new strategy will enhance productivity by optimizing the development footprint in the Digital Entertainment (DE) segment.
- Additionally, it will develop a platform strategy for SD titles that extends beyond iOS and Android, potentially including PC releases.
In the next plan, the company will regularly release AAA titles from its major franchises to maintain and grow its fan base. It also noted that steady progress is being made in establishing a framework that supports the regular release of new titles for its key IPs.
🔗 Source: https://www.hd.square-enix.com/eng/ir/
Square Enix Holdings released its FY2026 financial results in May (fiscal year covering April 1, 2025, to March 31, 2026), reporting net sales of ¥297.6 billion (≈ $1.8 billion, down 8.3% YoY) and operating income of ¥54.7 billion (≈ $0.345 billion, up 34.9% YoY).
📌 Key Highlights:
- Digital entertainment sales declined by 16.3% year over year, but operating income rose 28% to JPY 43.3 Billion ($273M).
- The HD Games business posted higher sales and operating income in FY2026, driven by titles including “Final Fantasy Tactics - The Ivalice Chronicles,” “Dragon Quest I & II HD-2D Remake,” and “Dragon Quest VII Reimagined,” alongside stronger catalog sales.
- In MMO net sales and operating income declined year-over-year due to the prior year’s launch of the Final Fantasy XIV: Dawntrail expansion, which created a high base effect.
- Smart Devices/PC Browser generated JPY ¥55.2B (≈ $0.35B) in net sales, while operating income reached JPY ¥14.0B (≈ $0.09B), with profitability improving YoY despite lower sales.
- The company also updated its three-year plan, first announced in 2024, emphasizing “strengthening its development structure and title management framework.”
- The new strategy will enhance productivity by optimizing the development footprint in the Digital Entertainment (DE) segment.
- Additionally, it will develop a platform strategy for SD titles that extends beyond iOS and Android, potentially including PC releases.
In the next plan, the company will regularly release AAA titles from its major franchises to maintain and grow its fan base. It also noted that steady progress is being made in establishing a framework that supports the regular release of new titles for its key IPs.
🔗 Source: https://www.hd.square-enix.com/eng/ir/
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NetEase Continues Restructuring Overseas Studios
On May 20, NetEase-owned studio Quantic Dream announced that Spellcasters Chronicles will be shut down and delisted, alongside internal restructuring and a new round of layoffs. This marks the second major adjustment to NetEase’s overseas studios this year, as the company continues reshaping its international operations in recent years.
📌 Key Highlights:
- In November 2024, Canada-based studio Worlds Untold was shut down. The studio was founded in 2023.
- In December 2024, Japan-based Ouka Studios was fully closed. The studio had previously collaborated with Square Enix on the development of Visions of Mana. It was founded in 2020.
- In early 2025, US-based Jar of Sparks stopped development on its project and began seeking a new publishing partner. It was founded in 2022.
- In August 2025, NetEase shut down T-Minus Zero Entertainment, a game studio founded in 2023 by BioWare alumni Rich Vogel.
- In November 2025, Fantastic Pixel Castle was closed. The studio, founded in 2023, had primarily been developing an MMORPG codenamed "Ghost."
- Nagoshi Studio, founded in 2022, had its funding withdrawn by NetEase in May this year, and its official website has recently been taken offline.
- Spellcasters Chronicles will be shut down and delisted. From its launch in late February to its closure on June 19, the game lasted only four months.
Over the past four years, NetEase has set up more than ten overseas studios, but only a few remain active today. On May 21, the company reported Q1 2026 game and related value-added service revenue of RMB 25.7 billion (≈ $3.56 billion). With its domestic and overseas game operations evolving at different paces, the company’s global game strategy may be entering a period of adjustment and refocus.
🔗 Source: https://www.spellcasterschronicles.com/en-US/news/announcement/development-update
On May 20, NetEase-owned studio Quantic Dream announced that Spellcasters Chronicles will be shut down and delisted, alongside internal restructuring and a new round of layoffs. This marks the second major adjustment to NetEase’s overseas studios this year, as the company continues reshaping its international operations in recent years.
📌 Key Highlights:
- In November 2024, Canada-based studio Worlds Untold was shut down. The studio was founded in 2023.
- In December 2024, Japan-based Ouka Studios was fully closed. The studio had previously collaborated with Square Enix on the development of Visions of Mana. It was founded in 2020.
- In early 2025, US-based Jar of Sparks stopped development on its project and began seeking a new publishing partner. It was founded in 2022.
- In August 2025, NetEase shut down T-Minus Zero Entertainment, a game studio founded in 2023 by BioWare alumni Rich Vogel.
- In November 2025, Fantastic Pixel Castle was closed. The studio, founded in 2023, had primarily been developing an MMORPG codenamed "Ghost."
- Nagoshi Studio, founded in 2022, had its funding withdrawn by NetEase in May this year, and its official website has recently been taken offline.
- Spellcasters Chronicles will be shut down and delisted. From its launch in late February to its closure on June 19, the game lasted only four months.
Over the past four years, NetEase has set up more than ten overseas studios, but only a few remain active today. On May 21, the company reported Q1 2026 game and related value-added service revenue of RMB 25.7 billion (≈ $3.56 billion). With its domestic and overseas game operations evolving at different paces, the company’s global game strategy may be entering a period of adjustment and refocus.
🔗 Source: https://www.spellcasterschronicles.com/en-US/news/announcement/development-update
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Meridian Play Weekly Digest
May 23rd - May 29th
🌟 NetEase Says Ananta Will Differentiate Itself Through Its Urban Open World
NetEase VP Zhipeng Hu says Ananta is designed to stand apart through its urban open-world setting and lifestyle-focused gameplay. Rather than following established genre formulas, the game aims to offer a more accessible experience built around exploration, social activities, and everyday city life.
🔗 https://www.gamingonphonebiz.com/netease-vp-zhipeng-hu-explains-why-upcoming-urban-open-world-ananta-isnt-shying-away-from-competition/
🌟 Alpha Compute Completes Majority Acquisition of GAMEE
Alpha Compute, a US-based AI infrastructure company, has completed a 60% acquisition of GAMEE, a mobile and Telegram gaming platform. The deal strengthens its AI-powered gaming distribution and monetization capabilities.
🔗 https://www.animocabrands.com/announcement/alpha-compute-corp-completes-majority-acquisition-of-gaming-company-gamee
🌟 Korean Game Industry Rebuilds Player Trust Through Communication
Korean publishers like Netmarble, NCSoft, and Pearl Abyss are shifting their focus toward closer player relationships. Through live streams, frequent updates, and quicker feedback loops, these companies are making community communication a core part of their daily operations to build long-term player trust.
🔗 https://www.asiae.co.kr/en/article/2026052609514325664
🌟 BitSummit Smashed Its Attendance Record
Japan’s most popular indie game festival, BitSummit, held in Kyoto earlier than its traditional July schedule, recorded a record attendance of 68,208 last weekend, a 17% increase from last year’s 58,065.
🔗 https://www.videogameschronicle.com/news/with-huge-queues-japans-big-indie-game-festival-bitsummit-just-smashed-its-attendance-record/
🌟 Pragmata's Strong Market Momentum and Future Outlook
Pragmata sold 2 million copies in just 16 days, establishing itself as a successful new IP for Capcom. While game director Yonghee Cho hopes for a sequel, the project currently aims to focus on its own development, as Capcom holds the final decision about future games in the franchise.
🔗 https://tbreak.com/pragmata-sequel-director-capcom/
🌟 Nintendo Faces Pressure from Lack of New Games and Rising Costs
Nintendo’s shares have fallen by half since August, marking one of its steepest declines on record, as investors weigh rising chip costs, a lack of major new game releases, and an unclear software pipeline outlook, raising concerns over near-term earnings visibility and demand drivers.
🔗 https://www.japantimes.co.jp/commentary/2026/05/24/japan/nintendo-gamers-love-surprises/
🌟 Square Enix Financial Results for FY2026
Square Enix Holdings released its FY2026 financial results in May (fiscal year covering April 1, 2025, to March 31, 2026), reporting net sales of ¥297.6 billion (≈ $1.8 billion, down 8.3% YoY) and operating income of ¥54.7 billion (≈ $0.345 billion, up 34.9% YoY).
🔗 https://tinyurl.com/3jc2ww92
🌟 NetEase Continues Restructuring Overseas Studios
On May 20, NetEase-owned studio Quantic Dream announced that Spellcasters Chronicles will be shut down and delisted, alongside internal restructuring and a new round of layoffs. This marks the second major adjustment to NetEase’s overseas studios this year, as the company continues reshaping its international operations in recent years.
🔗 https://tinyurl.com/2fzm4at5
Subscribe to our Substack for more updates⬇️
https://meridianplay.substack.com/
May 23rd - May 29th
🌟 NetEase Says Ananta Will Differentiate Itself Through Its Urban Open World
NetEase VP Zhipeng Hu says Ananta is designed to stand apart through its urban open-world setting and lifestyle-focused gameplay. Rather than following established genre formulas, the game aims to offer a more accessible experience built around exploration, social activities, and everyday city life.
🔗 https://www.gamingonphonebiz.com/netease-vp-zhipeng-hu-explains-why-upcoming-urban-open-world-ananta-isnt-shying-away-from-competition/
🌟 Alpha Compute Completes Majority Acquisition of GAMEE
Alpha Compute, a US-based AI infrastructure company, has completed a 60% acquisition of GAMEE, a mobile and Telegram gaming platform. The deal strengthens its AI-powered gaming distribution and monetization capabilities.
🔗 https://www.animocabrands.com/announcement/alpha-compute-corp-completes-majority-acquisition-of-gaming-company-gamee
🌟 Korean Game Industry Rebuilds Player Trust Through Communication
Korean publishers like Netmarble, NCSoft, and Pearl Abyss are shifting their focus toward closer player relationships. Through live streams, frequent updates, and quicker feedback loops, these companies are making community communication a core part of their daily operations to build long-term player trust.
🔗 https://www.asiae.co.kr/en/article/2026052609514325664
🌟 BitSummit Smashed Its Attendance Record
Japan’s most popular indie game festival, BitSummit, held in Kyoto earlier than its traditional July schedule, recorded a record attendance of 68,208 last weekend, a 17% increase from last year’s 58,065.
🔗 https://www.videogameschronicle.com/news/with-huge-queues-japans-big-indie-game-festival-bitsummit-just-smashed-its-attendance-record/
🌟 Pragmata's Strong Market Momentum and Future Outlook
Pragmata sold 2 million copies in just 16 days, establishing itself as a successful new IP for Capcom. While game director Yonghee Cho hopes for a sequel, the project currently aims to focus on its own development, as Capcom holds the final decision about future games in the franchise.
🔗 https://tbreak.com/pragmata-sequel-director-capcom/
🌟 Nintendo Faces Pressure from Lack of New Games and Rising Costs
Nintendo’s shares have fallen by half since August, marking one of its steepest declines on record, as investors weigh rising chip costs, a lack of major new game releases, and an unclear software pipeline outlook, raising concerns over near-term earnings visibility and demand drivers.
🔗 https://www.japantimes.co.jp/commentary/2026/05/24/japan/nintendo-gamers-love-surprises/
🌟 Square Enix Financial Results for FY2026
Square Enix Holdings released its FY2026 financial results in May (fiscal year covering April 1, 2025, to March 31, 2026), reporting net sales of ¥297.6 billion (≈ $1.8 billion, down 8.3% YoY) and operating income of ¥54.7 billion (≈ $0.345 billion, up 34.9% YoY).
🔗 https://tinyurl.com/3jc2ww92
🌟 NetEase Continues Restructuring Overseas Studios
On May 20, NetEase-owned studio Quantic Dream announced that Spellcasters Chronicles will be shut down and delisted, alongside internal restructuring and a new round of layoffs. This marks the second major adjustment to NetEase’s overseas studios this year, as the company continues reshaping its international operations in recent years.
🔗 https://tinyurl.com/2fzm4at5
Subscribe to our Substack for more updates⬇️
https://meridianplay.substack.com/
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