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Stock Market & Financial Investment News

News Breaks
November 19, 2012
17:56 EDTPWRDPerfect World sees Q4 total revenue RMB661M-RMB696M
Based on the Company's current operations, total revenues for the fourth quarter of 2012 are expected to be between RMB661 million and RMB696 million, representing a flat to slight decline from the third quarter of 2012. The Company successfully released English version of "Torchlight 2," a popular pay-per-install game, which contributed to revenues in the third quarter. The Company does not expect the revenue contribution from this game to be as significant in the fourth quarter. On the other hand, the Company's new game, "Return of the Condor Heroes," is expected to contribute additional revenues for the fourth quarter, but it will take time to ramp up gradually.
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October 28, 2014
07:16 EDTPWRDPerfect World restructuring R&D teams
Perfect World is restructuring its R&D teams, and has formed five new subsidiaries. The structure of forming majority-owned new subsidiaries is aimed to help attract and motivate top talent by granting them direct stake in the subsidiaries under the new incentive scheme. Perfect World will support these subsidiaries with the company's proprietary technology, graphic design, integrated platform, distribution channels and other resources.

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