FunPlus Sells Gaming Subsidiary for $960 Million

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Mobile social gaming company The Fun Plus Group has today announced it has sold its wholly owned gaming subsidiary DianDian Interactive to Zhongji Holding for up to $960 million. DianDian Interactive is responsible for multiple hit mobile titles, including Family Farm and Barn Voyage. According to FunPlus, the developer’s games are played by more than four million people every day.

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Applause Partners with Crittercism to Improve Mobile App Quality

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App quality company Applause (formerly uTest) has announced its partnership with app performance management company Crittercism to combine the companies’ specialties into a suite of tools developers can use to manage their apps before and after launch. This will ensure consumers are receiving the best quality experiences possible, while also helping decrease time-to-market.

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Flurry Analytics: Females Beat Males on Money, Time and Loyalty in Mobile Games

Female Gamers Chart

Mobile advertising and analytics platform Flurry has released the results of its latest survey, which measured consumer loyalty, as well as time and money spent playing games on mobile devices, with a specific look at male vs. female trends. Based on a selection of games that have reached at least 1.1 million devices on the Flurry platform, the company found women to dominate men in all three categories. Women were shown to spend more money on in-app purchases, spend more time in gaming apps and be easier to retain in the long run.

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Tabby Awards Announce 2014 Winners and Users’ Choice Picks

Tabby Awards

Tablet games and apps competition The Tabby Awards has unveiled its list of winners for 2014, which includes a list of users’ choice selections. The 30 winners were selected last Spring by an international panel of independent judges, while the users’ choice winners were decided by app users in June and July on the Tabby Awards website. Almost 100,000 votes were cast in this first public poll.

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Zynga Announces Q2 2014 Financial Results, Zynga Sports 365

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Mobile and social games company Zynga has announced its financial results for Q2 2014, which saw the company meet the low end of its quarterly guidance, generating $175 million in bookings. That’s an increase of nine percent quarter-over-quarter. Zynga earned $153 million in revenue for Q2, a 34 percent decrease year-over-year and a nine percent decrease quarter-over-quarter.

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Com2uS Announces Record Financial Results for Q2 2014

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Mobile games developer and publisher Com2uS has announced its financial results for Q2 2014, seeing $41.5 million USD (43 billion KRW) in sales and $13.5 million USD (14 billion KRW) in net profit. That’s an increase of 104 percent and 1,225 percent, respectively, over Q1 2014. The company attributes its huge quarter to the success of two particular games, Summoners War: Sky Arena [pictured], and Ace Fishing: Wild Catch.

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Mobile App Development Company Appster Announces US Expansion

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Australian web and mobile app development company Appster has today announced its expansion into the US, with the opening of its US headquarters in San Francisco. This is the first of multiple international moves planned by the company, which helps businesses transform their ideas into finished apps.

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Kabam Receives $120 Million in Funding from Alibaba Group

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Mobile and social game company Kabam has announced its partnership with Alibaba Group to bring Kabam’s titles to mobile gamers in China. As part of the partnership, Kabam will receive an investment of $120 million from the Alibaba Group.

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Glu Mobile Announces Q2 2014 Financial Results, Acquires Cie Games

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Glu Mobile has announced its financial results for Q2 2014, seeing non-GAAP revenues of $35 million, up 51 percent year-over-year from $23.2 million in Q2 2013. GAAP revenue was $40.9 million for the quarter, up from $24.4 million in Q2 2013.

In addition, the company has announced its acquisition of Cie Games. The developer of Racing Rivals (pictured) and Car Town has been acquired for $100 million ($30 million in cash and $70 million in common stock), with the acquisition expected to close in August.

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Chartboost Partners with Chukong Technologies to Expand Into China

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Mobile game discovery and monetization platform Chartboost has announced its partnership with mobile games company Chukong Technologies to expand its reach into Asia, providing Chinese developers with the tools necessary to find new players and monetize their games to achieve increased revenue and higher user retention.

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