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RING IN THE HOLIDAYS WITH PARAGON: THE OVERPRIME'S SECOND PLAYSTATION 5 CLOSED BETA TEST
LOS ANGELES, Dec. 16, 2023 /PRNewswire/ -- Netmarble, a leading developer and publisher of high-quality video games, announces the start of the second Closed Beta Test (CBT) for PARAGON: THE OVERPRIME on PlayStation 5. The CBT starts today through January 8 in the United States, Europe, and Russia. Interested players can register for the beta on the PARAGON: THE OVERPRIME website for access. This new CBT adds three new heroes from the PC version featuring Morigesh, Yin, and MARTY:. Additionally, based on player feedback, several changes have been made for the upcoming CBT, including an alternate D-pad layout to provide a more flexible control method, an auto-purchase feature for in-game items, as well as various improvements to the UI and camera movements used by the controller. Joining this Closed Beta Test will reward players with Grux's Special winter skin "Red Nosed," which will carry over to the live game, special emotes, as well as 100 Kima. During the second week of the CBT, five of the winter 2022 skins will be rewarded to participants. Additional rewards are planned to celebrate the new year as well. To celebrate the game's one-year Early Access, every player, including those on PC, will receive Grux's Special winter skin "Red Nosed." To celebrate the year-end season, the Agnis of Light will be decked out with a winter theme, with five holiday skins added as well. PARAGON: THE OVERPRIME is a team-based TPS Action MOBA that anyone can play for free on PC and will be available via PlayStation 5! Players are engaged in 5v5 play while working with teammates to conquer the Prime battlefield. The game celebrates strategic actions and fast-paced battles by two teams aiming to eliminate the opponents' territories. Players can choose from one of the many powerful heroes utilizing their unique skills - Warrior, Support, Ranger, Caster, Tank, and Assassin. To stay up to date with all PARAGON: THE OVERPRIME news and updates, follow the official brand website, Discord, PlayStation 5 wishlist and Twitter. About Netmarble Corporation Established in Korea in 2000, Netmarble Corporation is a leading developer and publisher of top-grossing mobile games worldwide. Through powerful franchises and collaborations with acclaimed IP holders, Netmarble strives to elevate the gaming experience and entertain audiences globally. As a parent company of Kabam and SpinX Games, and a major shareholder of Jam City and HYBE (formerly Big Hit Entertainment). More information can be found at http://company.netmarble.com.
IGDX Business and Conference 2023: Southeast Asia's Premier Game Developer Event Breaks Records in Bali
BALI, Indonesia, Dec. 15, 2023 /PRNewswire/ -- The gaming world witnessed an extraordinary gathering of talent, innovation, and opportunity at the Indonesia Game Developer Exchange (IGDX) Business and Conference 2023, held from October 11th to 13th. This annual event, known as the largest game developer event in Southeast Asia, set new records and exceeded all expectations, bringing together more than 900 participants, including over 100 game developers and an array of publishers, buyers, investors, and leading gaming companies. This year's event was a resounding success, with over 800 meetings taking place in just two days. The Power of Connections One of IGDX's main highlights was the opportunity of developers had to discuss projects, secure funding, and explore collaborations with industry giants. IGDX Business Matchmaking Area with more than 800 meetings achieved in 2 days. Big Players in the Gaming World What sets IGDX apart is the presence of major industry players. This year, the event welcomed representatives from gaming giants such as Steam, Google, Xbox, and PlayStation. Their presence underscored the significance of IGDX as a hub for fostering innovation, partnerships, and investment opportunities in the gaming sphere. IGDX also attracted international publishers, including Raw Fury, Plug in Digital, Kepler Interactive, and Fellow Traveller. The event was not just about discussions; it was about action. Right after the event, several developers, including SLAB, Livander, Gingersun, and Khailabs, struck deals that will shape the future of their projects and further enrich Indonesia's gaming landscape. Those developers expected to continue the numerous titles achieving international acclaim in recent years from games like "Coffee Talk," "A Space for The Unbound," "Coral Island," "My Lovely Daughter," "Selera Nusantara," "Potion Permit," and many more that takes to make a mark on the global stage. Government Support Fuels Growth The Indonesian government, through the Ministry of Communications and Informatics, has been a driving force behind the country's flourishing game industry. IGDX, which started in 2019, is a testament to this support, providing a platform for local developers to shine. IGDX Business and Conference 2023 was not just an event; with record-breaking meetings, the presence of industry giants, and a promising future, IGDX has cemented its place as a cornerstone of Southeast Asia's gaming landscape. Keep an eye out for what's in store for IGDX 2024 – it's bound to be even more spectacular! For more information could be found on www.igdx.id.
OH BABY! GAMES STUDIO LAUNCHES DEBUT TITLE OH BABY KART FEATURING SPONGEBOB SQUAREPANTS CHARACTERS FOR A LIMITED TIME
LOS ANGELES, Dec. 12, 2023 /PRNewswire/ -- Oh Baby! Games announced today the official launch of its debut title Oh Baby Kart. Oh Baby Kart (OBK), a cross-platform multiplayer kart racing game, refreshes the classic genre with intricate skill-based gameplay and compelling interwoven narratives through its many maps and modes. Unlike previous kart racers, Oh Baby Kart has been carefully constructed within a live service model to benefit its players. A free-to-play game, Oh Baby Kart will enter closed beta for Windows and macOS beginning December 14, with mobile and console versions to follow in 2024. Oh Baby Kart debuts iconic in-game playable racers, featuring SpongeBob SquarePants characters, for a limited time. (Image:SpongeBob and Patrick) In partnership with Paramount Global and Nickelodeon, Oh Baby Kart will feature iconic characters from the SpongeBob SquarePants universe as playable racers. For a limited time, SpongeBob, Patrick, Squidward and Mr. Krabs will join an eclectic cast of over 20 characters racing for glory across 26 courses — including a special map set in Bikini Bottom. In reimagining what a kart racer can be, Oh Baby Kart offers a live service gameplay experience that challenges the status quo: Expansive Playable Characters & Karts: 20+ unlockable characters and 26 courses at the start of closed beta, including four limited time SpongeBob SquarePants racers. With hundreds of kart customization options, players can find the cosmetic style that fits them best. New, In-Depth Race Mechanics: Oh Baby Kart introduces a revolutionary racer talent system, allowing for mid-race stat and ability buffs to improve your character's Grand Prix build. Each racer leverages a unique passive trait and can select from multiple ultimate abilities (charged by kart drifting) to achieve victory their way. Live Service Model: Fresh content, new characters and tracks will be released on a steady seasonal cadence. These updates will include constant balance adjustments to racer stats, ensuring that Oh Baby Kart stays competitively dynamic and evolves with the growing player base. Friends Race Together: A smooth, cross-platform matchmaking and in-game social chat system that takes a connected approach to playing with your friends. New and Familiar Modes, with a Twist: Oh Baby Kart isn't your average racing game — in addition to the usual Grand Prix and Duo Racing formats, strap in for 100+ challenges that go beyond simple time trials. Think boss battles, in-race quests and even more experimental modes to come! Ranked Multiplayer: Race in tiered competitive leagues based on past performance, ensuring balanced matchups. Oh Baby Kart also offers an asynchronous PvP mode that allows players to test their skill against other players' best times for a coveted spot on the OBK leaderboards. Pasteur Tran, Founder and CEO of Oh Baby! Games, said: "I'm thrilled for players to get their hands on Oh Baby Kart. Growing up, I loved the classic kart racers like Mario Kart and Diddy Kong Racing. But I see Oh Baby Kart as a long overdue update to the genre, offering a fully online experience for the next generation of kart racing fans. At Oh Baby! Games, we're building an entire gaming platform from the ground up, a space that focuses on great games and the imaginative ways modern gamers inhabit those worlds. Beyond Oh Baby Kart, I can't wait to show everyone what else we've got coming down the pipeline." Oh Baby Kart is the first game released by Oh Baby! Games. After securing a $6 million seed round earlier this year, Oh Baby! Games has several other titles nearing completion, all of which will be hosted on its custom-built Oh Baby! Games launcher. The launcher will serve as an important service and social hub for the wider Oh Baby! Games community as the studio bolsters its game roster. The Windows and macOS versions of Oh Baby Kart will also be available on Steam and the Epic Games Store. Oh Baby! The next generation of kart racing starts December 14 — apply to enter the Oh Baby Kart closed beta HERE. About Oh Baby! GamesOh Baby! Games is a global game studio focused on building the next generation of social games. Led by founder and CEO Pastuer Tran, the Oh Baby! Games team is an international network of game developers united by their shared passion for unique and innovative game experiences. The team features creatives who have worked on top titles like Age of Empires II, Call of Duty, League of Legends, Crazy Fishing VR and Magic: The Gathering. After a successful seed round in early 2023, Oh Baby! Games plans to reinvigorate popular gaming genres with a fresh, social-focused spin that incorporates the creator economy and encourages healthy competitive ecosystems. Its debut game, the cross platform kart racer Oh Baby Kart, will enter closed beta in December 2023. You can follow Oh Baby! Games on Twitter, LinkedIn, Instagram, and TikTok, or join its growing community on Discord. About Paramount Consumer ProductsParamount Consumer Products oversees all licensing and merchandising for Paramount (Nasdaq: PARA, PARAA), a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, Paramount Consumer Products' portfolio includes a diverse slate of brands and content from BET, CBS (including CBS Television Studios and CBS Television Distribution), Comedy Central, MTV, Nickelodeon, Paramount Pictures and SHOWTIME®. With properties spanning animation, live-action, preschool, youth and adult, Paramount Consumer Products is committed to creating the highest quality product for some of the world's most beloved, iconic franchises. To view our range of consumer products and Paramount branded apparel, visit ParamountShop.com. Media AssetsOh Baby Kart Media Kit
Lightspeed LA Unveils Studio's Debut Game: Last Sentinel, New AAA Open World Experience set in a Futuristic Tokyo
Studio is Led by Industry Veteran Steve C. Martin, Best Known for Work on Grand Theft Auto and Red Dead Redemption Series IRVINE, Calif., Dec. 8, 2023 /PRNewswire/ -- Lightspeed LA, a division under LightSpeed Studios, a global game development studio with teams across the world, focused on creating expansive open-world AAA titles, is proud to unveil its debut game: Last Sentinel. Last Sentinel puts the spotlight on protagonist Hiromi Shoda and takes place in a futuristic world centered in what remains of Tokyo, Japan. Featuring an utterly unique environment, cast, narrative, and gameplay experience, Last Sentinel is soaked in the written, graphic, and theatrical history of dystopian science fiction. View the Last Sentinel Announcement Trailer Lightspeed LA is the emerging studio led by Steve C. Martin, an industry veteran with over 25 years experience creating groundbreaking games and leading diverse, global teams. Martin is previously known for his work on critically-acclaimed and top selling titles such as Grand Theft Auto V, Red Dead Redemption 1 and 2, Need for Speed: Underground 1+2, and Bully. The Lightspeed LA team is a global development group filled with deep experience and expertise that includes work on AAA, leading titles like The Last of Us, Jedi: Fallen Order, Uncharted, Grand Theft Auto and God of War. "Last Sentinel is our massively ambitious debut title and showcases the Lightspeed LA vision to prioritize the player's experience and immersion above all else," said Steve C. Martin, general manager at Lightspeed LA. "Lightspeed LA is laser focused on a developer-led approach that fosters creativity and delivers original, interactive narrative art while leveraging our ample resources, extensive experience, and state-of-the-art facilities to build the richest and most rewarding experiences for our players." "LightSpeed Studios is proud to support Lightspeed LA, the AAA game development studio operating independently in our globally coordinated model, in crafting Last Sentinel, our exciting new AAA open-world game," said Jerry Chen, President of LightSpeed Studios. "The deeply developed experience brought by Last Sentinel reflects our commitment to pushing the boundaries of innovation in the gaming industry that will captivate gaming enthusiasts worldwide." Download the latest assets for Last Sentinel here. http://www.lastsentinelgame.com/ YouTube | Twitter | Facebook | Instagram | TikTok About Lightspeed LALightspeed LA is a world class development studio focused on building open-world games that emphasize an ambitious living world, sophisticated player-driven gameplay, and mature, thoughtful storytelling. The studio seeks to craft engaging, provocative, and emotive games while being dedicated to fostering a diverse and inclusive workplace, committed to upholding a no-crunch philosophy to ensure the most creative and sustainable environment for all its employees. Located in Irvine, California, Lightspeed LA is a flagship studio under LightSpeed Studios, a global game development group with teams across the world. More information can be found at https://lightspeed.la/en About LightSpeed StudiosLightSpeed Studios is a leading global game developer with teams across China, United States, Singapore, Canada, United Kingdom, France, Japan, South Korea, New Zealand, and United Arab Emirates. LightSpeed Studios has created over 50 games across multiple platforms and genres for over 4 billion registered users. LightSpeed Studios is made up of passionate players who advance the art & science of game development through great stories, great gameplay, and advanced technology. We are focused on bringing next generation experiences to gamers who want to enjoy them anywhere, anytime, across multiple genres and devices. More information about LightSpeed Studios please visit www.lightspeed-studios.com, and follow us on Twitter, Facebook and YouTube.
DouYu International Holdings Limited Reports Third Quarter 2023 Unaudited Financial Results
WUHAN, China, Dec. 7, 2023 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial and Operational Highlights Total net revenues in the third quarter of 2023 were RMB1,359.2 million (US$186.3 million), compared with RMB1,798.3 million in the same period of 2022. Gross profit in the third quarter of 2023 was RMB192.4 million (US$26.4 million), compared with RMB251.2 million in the same period of 2022. Net income in the third quarter of 2023 was RMB76.4 million (US$10.5 million), compared with a net loss of RMB6.6 million in the same period of 2022. Adjusted net income in the third quarter of 2023 was RMB71.9 million (US$9.9 million), compared with RMB25.7 million in the same period of 2022. Average mobile MAUs in the third quarter of 2023 were 51.7 million, compared with 57.1 million in the same period of 2022. The number of quarterly average paying users in the third quarter of 2023 was 3.9 million, compared with 5.6 million in the same period of 2022. The interim management committee of DouYu commented, "In the third quarter of 2023, we diligently executed and optimized our corporate growth strategy, making steady advancements in our business that progress our goal of fostering a healthy, sustainable game-centric community ecosystem. During the quarter, we continued to progress our prudent marketing strategies and strengthened our partnerships with game developers to promote new games and enhance game operations during new game launches. Our premium content offerings and ongoing efficient operations continue to improve user experience. This has helped us maintain a stable core user base and consistently attract new users, resulting in third-quarter mobile MAUs growing slightly quarter-over-quarter to 51.7 million. Going forward, our unwavering commitment to achieving long-term, sustainable growth will remain at the forefront of our mission. To further foster our vibrant game-centric content ecosystem based on continued compliance efforts, we will enhance our content and service offerings through innovation and product upgrades. We will also explore new growth avenues to ensure the steady development of our business and financial performance, further cementing DouYu's competitive edge and market leadership in the domestic gaming content industry." Mr. Hao Cao, Vice President of DouYu, commented, "Amid a complex macroeconomic environment, we proactively refined our monetization and marketing strategies, effectively stabilizing our financials in the third quarter. We adapted to the market dynamics with agile pricing, and forged ahead with our business innovation, reporting total net revenues of RMB1.36 billion in the third quarter. We also continued to improve our operating efficiency under effective cost-control measures that markedly reduced content costs. As a result, our gross profit for the third quarter was RMB192.4 million, representing gross margin of 14.2%. Our net income was RMB76.4 million in the quarter compared with the net loss of RMB6.6 million in the same period last year. Our adjusted net profit grew by 179.9% year-over-year to RMB71.9 million. Both our gross margin and adjusted net margin have now improved for three consecutive quarters. Moving forward, we will persist in executing our long-term, sustainable growth strategy, maintaining financial stability while advancing our core business operations. We will actively explore new business models and monetization channels, laying a solid foundation for business development and striving to create long-term value for shareholders." Third Quarter 2023 Financial Results Total net revenues in the third quarter of 2023 decreased by 24.4% to RMB1,359.2 million (US$186.3 million), compared with RMB1,798.3 million in the same period of 2022. Livestreaming revenues in the third quarter of 2023 decreased by 32.5% to RMB1,151.0 million (US$157.8 million) from RMB1,705.0 million in the same period of 2022. The decrease was primarily attributable to the soft macroeconomic environment, leading to a decrease in the number of quarterly average paying users. Advertising and other revenues in the third quarter of 2023 increased by 123.2% to RMB208.2 million (US$28.5 million) from RMB93.3 million in the same period of 2022. The increase was primarily driven by the increase in other revenues generated through other innovative business. Cost of revenues in the third quarter of 2023 was RMB1,166.8 million (US$159.9 million), a decrease of 24.6% compared with RMB1,547.1 million in the same period of 2022. Revenue sharing fees and content costs in the third quarter of 2023 decreased by 29.7% to RMB927.4 million (US$127.1 million) from RMB1,319.6 million in the same period of 2022. The decrease was primarily due to a decrease in sharing fees aligned with decreased livestreaming revenues, as well as a decline in content costs resulting from improved cost management in self-produced content and streamer payments. The decrease was partially offset by an increase in copyright costs due to the acquisition of LPL tournament copyright. Bandwidth costs in the third quarter of 2023 decreased by 21.4% to RMB106.1 million (US$14.5 million) from RMB135.0 million in the same period of 2022. The decline was primarily due to our effective bandwidth cost control measures. Gross profit in the third quarter of 2023 was RMB192.4 million (US$26.4 million), compared with RMB251.2 million in the same period of 2022. The decrease in gross profit was mainly due to a decrease in livestreaming revenues and an increase in other costs related to the development of innovative business. Gross margin in the third quarter of 2023 was 14.2%, relatively stable compared with 14.0% in the same period of 2022. Sales and marketing expenses in the third quarter of 2023 decreased by 44.5% to RMB90.0 million (US$12.3 million) from RMB162.1 million in the same period of 2022. This was mainly attributable to a decrease in user acquisition marketing expenses. Research and development expenses in the third quarter of 2023 decreased by 11.7% to RMB74.5 million (US$10.2 million) from RMB84.4 million in the same period of 2022. This decrease was primarily due to a decrease in personnel-related expenses. General and administrative expenses in the third quarter of 2023 decreased by 2.5% to RMB51.0 million (US$7.0 million) from RMB52.3 million in the same period of 2022. Other operating income, net in the third quarter of 2023 was RMB14.3 million (US$2.0 million), compared with RMB36.5 million in the same period of 2022. Loss from operations in the third quarter of 2023 was RMB8.8 million (US$1.2 million), compared with RMB11.1 million in the same period of 2022. Net income in the third quarter of 2023 was RMB76.4 million (US$10.5 million), compared with a net loss of RMB6.6 million in the same period of 2022. Adjusted net income, which excludes share-based compensation expenses, the share of income (loss) in equity method investments, gain on disposal of investment and impairment loss of investments, was RMB71.9 million (US$9.9 million) in the third quarter of 2023, compared with RMB25.7 million in the same period of 2022. Basic and diluted net income per ADS in the third quarter of 2023 were both RMB0.24 (US$0.03). Adjusted basic and diluted net income per ADS in the third quarter of 2023 were both RMB0.22 (US$0.03). Cash and cash equivalents, restricted cash and bank deposits As of September 30, 2023, the Company had cash and cash equivalents, restricted cash, and short-term and long-term bank deposits of RMB7,139.4 million (US$978.5 million), compared with RMB6,808.8 million as of December 31, 2022. Conference Call Information The Company will hold a conference call on December 7, 2023, at 7:00 a.m. Eastern Time (or 8:00 p.m. Beijing Time on the same day) to discuss the financial results. Listeners may access the call by dialing the following numbers: International: +1-412-317-6061 United States Toll Free: +1-888-317-6003 Mainland China Toll Free: 4001-206115 Hong Kong Toll Free: 800-963976 Singapore Toll Free: 800-120-5863 Conference ID: 0554126 The replay will be accessible through December 14, 2023, by dialing the following numbers: International: +1-412-317-0088 United States Toll Free: +1-877-344-7529 Conference ID: 2412484 A live and archived webcast of the conference call will also be available at the Company's investor relations website at http://ir.douyu.com.  "Adjusted net income" is defined as net income excluding share-based compensation expenses, and share of income (loss) in equity method investments, gain on disposal of investment and impairment loss of investments. For more information, please refer to "Use of Non-GAAP Financial Measures" and "Reconciliations of GAAP and Non-GAAP Results" at the end of this press release.  Refers to the number of mobile devices that launched our mobile apps in a given period. Average mobile MAUs for a given period is calculated by dividing (i) the sum of active mobile users for each month of such period, by (ii) the number of months in such period.  "Quarterly average paying users" refers to the average paying users for each quarter during a given period of time calculated by dividing (i) the sum of paying users for each quarter of such period, by (ii) the number of quarters in such period. "Paying user" refers to a registered user that has purchased virtual gifts on our platform at least once during the relevant period.  Every ten ADSs represent one ordinary share. About DouYu International Holdings Limited Headquartered in Wuhan, China, DouYu International Holdings Limited (Nasdaq: DOYU) is a leading game-centric live streaming platform in China and a pioneer in the eSports value chain. DouYu operates its platform on both PC and mobile apps to bring users access to immersive and interactive games and entertainment livestreaming, a wide array of video and graphic contents, as well as opportunities to participate in community events and discussions. By nurturing a sustainable technology-based talent development system and relentlessly producing high-quality content, DouYu consistently delivers premium content through integration of livestreaming, video, graphics, and virtual communities with a primary focus on games, especially on eSports. This enables DouYu to continuously enhance its user experience and pursue long-term healthy development. For more information, please see http://ir.douyu.com. Use of Non-GAAP Financial Measures Adjusted operating income (loss) is calculated as operating income (loss) adjusted for share-based compensation expenses. Adjusted net income (loss) is calculated as net income (loss) adjusted for share-based compensation expenses, share of income (loss) in equity method investments, gain on disposal of investment and impairment loss of investments. Adjusted net income (loss) attributable to DouYu is calculated as net income (loss) attributable to DouYu adjusted for share-based compensation expenses, share of income (loss) in equity method investments, gain on disposal of investment and impairment loss of investments. Adjusted basic and diluted net income per ordinary share is non-GAAP net income attributable to ordinary shareholders divided by weighted average number of ordinary shares used in the calculation of non-GAAP basic and diluted net income per ordinary share. The Company adjusted the impact of (i) share-based compensation expenses, (ii) share of income (loss) in equity method investments, (iii) gain on disposal of investment, (iv) impairment loss of investments to understand and evaluate the Company's core operating performance. The non-GAAP financial measures are presented to enhance investors' overall understanding of the Company's financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. Investors are encouraged to review the reconciliation of the historical non-GAAP financial measures to its most directly comparable GAAP financial measures. As non-GAAP financial measures have material limitations as analytical metrics and may not be calculated in the same manner by all companies, they may not be comparable to other similarly titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measures as a substitute for, or superior to, such metrics in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of Non-GAAP Results" near the end of this release. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB7.2960 to US$1.00, the noon buying rate in effect on September 29, 2023, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB amounts could have been, or could be, converted, realized or settled in U.S. dollars, at that rate on September 29, 2023, or at any other rate. Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's results of operations and financial condition; the Company's business strategies; general market conditions, in particular the game live streaming market; the ability of the Company to retain and grow active and paying users; changes in general economic and business conditions in China; the impact of the COVID-19 to the Company's business operations and the economy in China and globally; any adverse changes in laws, regulations, rules, policies or guidelines applicable to the Company; and assumptions underlying or related to any of the foregoing. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the Securities Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law. Investor Relations Contact In China: Lingling Kong DouYu International Holdings Limited Email: firstname.lastname@example.org Tel: +86 (10) 6508-0677 Andrea Guo Piacente Financial Communications Email: email@example.com Tel: +86 (10) 6508-0677 In the United States: Brandi Piacente Piacente Financial Communications Email: firstname.lastname@example.org Tel: +1-212-481-2050 Media Relations Contact In China: Lingling Kong DouYu International Holdings Limited Email: email@example.com Tel: +86 (10) 6508-0677 UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (All amounts in thousands, except share, ADS, per share and per ADS data) As of December 31 As of September 30 2022 2023 2023 ASSETS RMB RMB US$ (1) Current assets: Cash and cash equivalents 4,041,603 4,209,335 576,937 Restricted cash 6,057 25,163 3,449 Short-term bank deposits 2,511,150 2,334,950 320,032 Accounts receivable, net 109,180 75,962 10,411 Prepayments 26,064 38,495 5,276 Amounts due from related parties 46,126 55,412 7,595 Other current assets 337,004 354,180 48,544 Total current assets 7,077,184 7,093,497 972,244 Property and equipment, net 16,988 13,746 1,884 Intangible assets, net 106,723 120,424 16,505 Long-term bank deposits 250,000 570,000 78,125 Investments 531,911 462,183 63,347 Goodwill 13,804 14,231 1,951 Right-of-use assets, net 49,911 28,724 3,937 Other non-current assets, net 98,845 93,638 12,834 Total non-current assets 1,068,182 1,302,946 178,583 TOTAL ASSETS 8,145,366 8,396,443 1,150,827 LIABILITIES AND SHAREHOLDERS' EQUITY LIABILITIES Current liabilities: Accounts payable 666,985 568,988 77,986 Advances from customers 6,459 11,976 1,641 Deferred revenue 288,152 352,093 48,258 Accrued expenses and other current liabilities 302,801 213,571 29,272 Amounts due to related parties 266,788 391,213 53,620 Lease liabilities due within one year 27,479 17,285 2,369 Total current liabilities 1,558,664 1,555,126 213,146 Lease liabilities 19,572 9,275 1,271 Deferred revenue 6,570 - - Total non-current liabilities 26,142 9,275 1,271 TOTAL LIABILITIES 1,584,806 1,564,401 214,417 (1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB7.2960 to US$1.00, the noon buying rate in effect on September 29, 2023, in the H.10 statistical release of the Federal Reserve Board. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED) (All amounts in thousands, except share, ADS, per share and per ADS data) As of December 31 As of September 30 2022 2023 2023 RMB RMB US$ (1) SHAREHOLDERS' EQUITY Ordinary shares 23 23 3 Treasury shares (911,217) (911,217) (124,893) Additional paid-in capital 10,670,287 10,670,287 1,462,485 Accumulated deficit (3,520,525) (3,422,782) (469,131) Accumulated other comprehensive income 321,991 495,731 67,946 Total DouYu Shareholders' Equity 6,560,559 6,832,042 936,410 Noncontrolling interests 1 - - Total Shareholders' Equity 6,560,560 6,832,042 936,410 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 8,145,366 8,396,443 1,150,827 (1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB7.2960 to US$1.00, the noon buying rate in effect on September 29, 2023, in the H.10 statistical release of the Federal Reserve Board. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (All amounts in thousands, except share, ADS, per share and per ADS data) Three Months Ended Nine Months Ended Sep 30, 2022 Jun 30, 2023 Sep 30, 2023 Sep 30, 2023 Sep 30, 2022 Sep 30, 2023 Sep 30, 2023 RMB RMB RMB US$ (1) RMB RMB US$ (1) Net revenues 1,798,333 1,392,193 1,359,189 186,292 5,427,184 4,234,443 580,379 Cost of revenues (1,547,091) (1,203,294) (1,166,771) (159,919) (4,623,131) (3,676,660) (503,928) Gross profit 251,242 188,899 192,418 26,373 804,053 557,783 76,451 Operating (expenses) income (2) Sales and marketing expenses (162,137) (87,047) (89,996) (12,335) (515,959) (267,729) (36,695) General and administrative expenses (52,308) (46,938) (50,994) (6,989) (233,066) (157,725) (21,618) Research and development expenses (84,371) (71,043) (74,510) (10,212) (302,525) (217,863) (29,861) Other operating income, net 36,459 8,615 14,272
XGIMI Introduces Sensational 'Suika Game' to the US, Achieving 450M+ Downloads Worldwide
XGIMI is bringing the popular Nintendo game to the US after tremendous success in Japan. SUNNYVALE, Calif., Dec. 5, 2023 /PRNewswire/ -- Following an overwhelming success in Japan with over one million downloads in just one month, Aladdin X Co., Ltd., a subsidiary of the award-winning projector and laser TV brand, XGIMI, is thrilled to globally roll out its 'Suika Game,' now including an English version for US consumers. Since its early September debut in Japan, the Nintendo Switch™ game has claimed the top spot in the Nintendo eShop's download rankings. Since its global release on October 20th, 'Suika Game' is gradually making its debut across Europe, Australia, North America, Central America, South America, South Korea, and Hong Kong. Originally launched in April 2021 as an exclusive for the three-in-one projection system of the popIn Aladdin series, 'Suika Game' quickly gained popularity among projector users, thanks to its visually stunning gameplay and immersive experience. It was so well-received that the brand decided to expand beyond the projector-exclusive and develop a Nintendo Switch version. 'Suika Game' is a puzzle game where players group fruits of the same type and gradually evolve them into larger fruits. The rules are intuitive and straightforward, making it accessible even to young children. Due to the game's widespread popularity, XGIMI is releasing multilingual versions, including English, to accommodate players from various regions. Suika Game' can be fully experienced for the first time in the US at CES 2024, located at the XGIMI booth (LVCC, Central Hall - 22515), alongside other incredible XGIMI innovations. To celebrate its global release, 'Suika Game' users who share their gaming experience on Instagram and tag @XGIMItech can get an exclusive 5% discount code on top of any of XGIMI's existing holiday promotions and the chance to be one of 100 users to win a $10 Switch eShop gift card. For more information on the promotion and giveaway, visit here. To learn more about the 'Suika Game' and other XGIMI products, follow @XGIMItech on Instagram, Twitter, and LinkedIn. About XGIMISince 2013, the state-of-the-art XGIMI projectors have helped countless people worldwide to create genuinely immersive audio-visual experiences. Working with reputable partners like Google, Harman Kardon, and Texas Instruments, XGIMI builds all-in-one entertainment devices, perfected due to their user-oriented philosophy. Through industry-leading innovation, streamlined setups, and unique designs, XGIMI always strives to develop the best home and portable projectors for everyone to enjoy. Learn more at US.XGIMI.com.
2023 NYXI Joy-Con Revolutionizes Controller Market The BEST BUY
HONG KONG, Dec. 4, 2023 /PRNewswire/ -- In a bustling social setting, people often reminisce about the old days of gaming with friends and family. Where did you hear about NYXI Wizard? Maybe it was through the buzz on social media, showcasing their stunning designs that captivated your attention? In 2023, NYXI stands out as the talk of the town among gamers, attracting attention and sparking discussions. What sets NYXI apart is its unique blend of retro design and cutting-edge technology, offering a nostalgic nod to the past while embracing innovation. Inspired by 90's bold colors, geometric patterns, and vintage typography, NYXI Wizard invokes nostalgic memories of that era. NYXI's wireless Gamecube controller for Switch quickly garnered a dedicated fan base with its retro aesthetic. However, what truly steals the spotlight is its groundbreaking technology, such as, the upgrade of Hall Effect joystick technology. Unlike traditional analog sticks, Hall Effect joysticks don't suffer from drift issues and offer enhanced precision and durability. Gamers would cast their mind to a more professional brand once they have stepped into the game world for a period. NYXI innovates its products, deeply considering user experience and durability. Its ergonomic design ensures comfortable gaming for medium or large hands for extended periods, setting it apart from the official Nintendo Switch Joy-Con. It's honored as one of best 3rd party joy cons by users. NYXI, a trailblazing gaming peripherals brand with strong expectations is making waves in the game industry. As the Christmas approaches, NYXI extends warm greetings to users and unveils their limited Christmas showcase on the official website. If you are still hovering around searching for a Best Buy Nintendo Switch Joy Con or a gift to your family and friends, you ought to have a look at Joycon NYXI Hyperion Pro or NYXI Wizard. NYXI Christmas Edition Showcase! Get into the festive spirit with NYXI Christmas Edition showcase! Elevate your holiday gaming on Nintendo Switch with NYXI best-buy Joycon. Surprise Nintendo enthusiasts with these perfect gift choices. Explore NYXI store today and pick your favorite! "NYXI offers more than just controllers; it's an experience blending hardware and innovation," said PM Cecilia from NYXI. "This Christmas, immerse yourself with family in the joy of gaming with the Hyperion Pro." With the festive season around the corner, NYXI set out a better price than normal days. Now, ordering NYXI controller can get 15% off. Check the website to view more details. https://nyxigame.com/ About NYXI: Start with Gamers, Stay with GamersNYXI's mission is to pursue innovative technology, comprehensive quality assurance, and excellent customer service to bring gamers the most cost-effective and satisfying gaming accessories in the 21st century. (X) Twitter https://twitter.com/NyxiGaming Instagram https://www.instagram.com/nyxigaming/
IPX Unveils Exclusive BT21 X FRAGMENT Collection with Hiroshi Fujiwara: BT21 Turns into a Chic Fashion Icon through a Collaboration with the Contempor
The global launch of 'BT21 X FRAGMENT' collection brings together Hiroshi Fujiwara's streetwear brand 'FRAGMENT' and the globally beloved character IP 'BT21,' creating a chic and hip styles Expressing the edgy sophistication of BT21's all-black transformation through FRAGMENT collaboration, the collection features not only fashion apparel like hoodies and fleece jackets but also irresistibly stylish digital accessories such as keyrings, badges, and reusable bags Following the collection's first successful pop-up opening in Seoul, Korea, grabbing the attention of Gen Z fashion lovers, the collection is also scheduled to be available in the US, Japan, Taiwan, and Hong Kong in December SEOUL, South Korea, Dec. 1, 2023 /PRNewswire/ -- The digital IP entertainment company, IPX (formerly known as LINE FRIENDS) has launched the highly anticipated collaboration collection, 'BT21 X FRAGMENT.' Through this unique collaboration with the widely influential streetwear designer Hiroshi Fujiwara's brand 'FRAGMENT,' the globally beloved character IP 'BT21' has turned into a hip fashion icon. The collection will be available worldwide in the United States, Japan, Taiwan, and Hong Kong in December. BT21 X FRGMT Collaboration Created by the renowned designer, producer, and musician Hiroshi Fujiwara, FRAGMENT's distinct lightning logo and contemporary designs have garnered acclaim in the global street fashion scene through collaborations with prestigious global brands. This collaboration with BT21 showcases a new facet of the characters, as they embrace a sleek and hip all-black look, departing from their previous adorable image. Presenting BT21 characters with the iconic lightning logo of FRAGMENT, the exclusive 'BT21 X FRAGMENT' collection features a range of stylish and trendy fashion items, from hoodies, caps, and fleece jackets to plushies, keyrings, badges, and smartphone cases. The collaboration has captivated global fashion enthusiasts, catering to the diverse tastes of Generation Z. The collection was pre-released on November 20th on the South Korea's limited-edition trading platform, KREAM, where all the pre-released amount sold out rapidly with a high competition for the draw, attesting to its popularity online prior to the official launch. Building on this success, a pop-up store has been unveiled on November 30th in Seoul, Korea, marking the collection's official premiere. The store grabbed the attention of the Generation Z, attracting a long line of visitors on its opening day. Following Korea, the collection embarks on a global tour through online platforms and offline pop-ups in the United States, Japan, Taiwan, and Hong Kong in December. The IPX officials said, "Having collaborated with brands like Dr. Martens and Converse, BT21 now presents a unique collaboration with the distinctive street fashion brand FRAGMENT. We hope this collection, embodying the charm of BT21 as a hip fashion icon, becomes a must-have item for fashion lovers worldwide." About IPX (F.K.A LINE FRIENDS) IPX is the new corporate name of LINE FRIENDS, a global character brand that originally started from Original Characters including BROWN, CONY, SALLY created for use as stickers for the leading mobile messenger app LINE and its 200 million active users worldwide. IPX recently announced a new business strategy that it would accelerate the global expansion of its IP businesses by diversifying its IP portfolios targeting all ages and advancing its digital and retail business. IPX has carried out its IP-based business by partnering with global companies including Netflix (original animated series), SUPERCELL (Brawl Stars), and NEXON (KartRider), while it has created popular IPs including digital artist 'WADE', 'BT21' (BTS), 'TRUZ' (Treasure) and broadened their boundaries to virtual influencers to win the hearts of over 40 million Millennials and Generation Z worldwide. IPX currently operates in 17 markets worldwide including Seoul, New York, LA, Tokyo, and Shanghai, and operates in 16 online sales platforms.
Global Times: Esports sector enters era of globalization as China welcomes international players
BEIJING, Nov. 30, 2023 /PRNewswire/ -- Five major international esports events are set to take place in Chengdu, Southwest China's Sichuan Province in December as China's esports sector opens a new chapter of globalization ushered in by the Hangzhou Asian Games. As one of the five elite competitions, the Honor of Kings World Champion Cup will see 27 teams from 19 countries and regions around the world fight for supremacy on December 30 in the birthplace of the legendary game, according to information issued at a press conference held in Chengdu on Tuesday. Athletes from South Korea, Japan, Singapore, Russia, and China, among other international athletes have been vying for titles at the ongoing 2023 TGA Tencent Esports Games Winter Finals in Beijing. Gu Sijia, director of the Tencent interactive entertainment esports department, told the Global Times on Wednesday that this year's event has become more globalized. "In the previous years, there was only one international event, but this year the number has increased to eight during the 11-day finals," said Gu. Chinese players have made their mark so far in the finals as one Chinese team was crowned in the Call of Duty Mobile Game Autumn Invitational, which is one of the eight events of the finals that will conclude on December 3. In pole position After three days of fierce showdowns between six top teams from around the world, two Polish teams completed a 1-2 finish in the just concluded World of Tanks Championship International Finals 2023 held in Shanghai. Chinese team "FALCON" claimed third place in the most prestigious event of World of Tanks, held in person in China for the first time. Chris Chun, World of Tanks Franchise Director at Wargaming, said that China is the world's largest "World of Tanks" market. "The games' stakeholders need to listen to the voices of Chinese players and continue to give back to Chinese fans for their love," Chun said. China has the world's top technical support infrastructure for streaming and online viewing. It is at the forefront of the world in terms of the esports atmosphere, software, and hardware, and is in pole position to host large-scale events, Chun said. According to a report released in July at the 2023 Global Esports Conference in Shanghai, China's domestic esports industry generated revenues of 75.99 billion yuan ($10.75 billion) in the first six months of 2023. China remains the world's No.1 esports market. The esports population in China is expected to reach 517 million in 2024, making up about half of China's internet population, according to statistics from the iResearch Consulting Group. Propelled by Asian Games Yi Di, vice president of Perfect World, one of the stakeholders in China's esports industry, attributed the accelerated development of esports to its debut at the Hangzhou Asian Games, which was held in East's China's Zhejiang Province. China clinched four golds and one bronze out of seven golds on offer at the Hangzhou Games as seven events, including Honor of Kings and League of Legends, made their debut at the Asian multi-sport showcase. The Asian Games allowed more people outside the industry to gain a better understanding of the games and the rules, Yi said at an esports forum held in Beijing in October. Thanks to the Asian Games, esports has transformed from mere entertainment into a global competitive sport. The Games has added a new dimension and perspective to the globalization of esports. The event has been infused with a greater sense of national honor, triggering discussions and competitions between countries, making the event more valuable and appealing, Yi noted. Gu said that the Asian Games helped enhance communication between Asian countries and built a bridge for future exchanges in international events. Mao Yanhui, a director of esports at the Moonton Games, an international mobile gaming company, said China has grown to be a front-runner in global esports and the exchanges between China and its overseas counterparts have increased over the last year. A window for culture With the accelerating pace of the globalization of China's esports, the industry has also become a window for foreign counterparts to learn about Chinese culture. Elements of traditional Chinese culture were revitalized when used in the storylines and characters found in domestic esports games through artistic design. When the games were exported overseas, they became a new media portal for foreign users to understand China, Mao told reporters. It's interesting to find that many overseas players follow Chinese players on social media and have become interested in Chinese culture. Esports has unexpectedly become a new avenue of cultural exchanges, and overseas players are also looking forward to Chinese players joining the competition to enrich the game, Mao said. As the International Olympic Committee looks to create an Olympic esports games, Mao believes that a mentality of openness will help China stay competitive on the international stage. It's important for Chinese esports stakeholders to build up an open industry with benign competition. In addition to developing Chinese intellectual property, an international vision is crucial for China to expand its influence in the global arena, Mao noted.
From Nobody to Immortal! Idle Cultivation RPG "Nobody's Adventure: Chop-Chop" Officially Launches Today
WASHINGTON, Nov. 21, 2023 /PRNewswire/ -- Embark on a whimsical journey with the idle cultivation RPG, Nobody's Adventure: Chop-Chop, officially available on both the App Store and Google Play starting November 21st! This unique game features stylized creatures from Chinese mythology, allowing players to step into the shoes of these quirky and fun-loving beings. All it takes is a bit of tree-chopping to collect magical gear, boost your powers, and effortlessly ascend to immortality! Choose Your Character and Embark on an Epic Quest Start your adventure by selecting your very own character - whether it's the delightfully goofy piglet, the hopeful fish dreaming of grandeur, or the cool and collected fledgling! Despite their unassuming appearances, these creatures are fueled by dreams achieving immortality. Join them on an extraordinary journey through a world filled with enchanting adventures! Master Divine Powers, Collect Treasures, and Dive into Epic Duels! Equip yourself with divine loot obtained by chopping at the Divine Tree! Engage in exciting gameplay with modes such as "Adventure" and "Challenge," where you can go head-to-head with various formidable foes. Use your divine equipment to unleash formidable powers upon your foes and take down mythical beasts with ease. And if you'd rather take a hands-off approach, you can also have the game automatically resolve combat for you, making multitasking effortless! Explore a Mysterious Realm and Forge Unforgettable Bonds The path to immortality doesn't have to be a solitary one! During the course of your travels, you will journey through dozens of mystical realms, such as Qingqiu, Tianzhu, and Canglang Mountain, where you will encounter a vast number of captivating beings. Immerse yourself in breathtaking scenery, enhance your combat skills, and ascend to new heights alongside your delightful companions. Enjoy 7 Days of Rewards and Summon SSR Genie for Free! To celebrate the game's official launch, 37GAMES has prepared some exciting in-game surprises for you. Complete the 7-day sign-in tasks to score valuable in-game items. Plus, by participating in the event, you can also unlock an SSR-grade genie for free, whether it's the elusive Nine-Tails Fox or the formidable Chaos Wolf. These ancient mythical creatures will give you a powerful head start, making clearing the initial adventure stages a breeze! Take a swing at the Divine Tree and journey toward immortality! Nobody's Adventure: Chop-Chop is officially launching today! Stay tuned to its official Facebook page for the latest updates on in-game news and events! Facebook: https://www.facebook.com/profile.php?id=61552410028677 Download Link: https://pse.is/5e8jys
AndaSeat Announces Sponsorship of PUBG Global Championship 2023
BANGKOK, Nov. 20, 2023 /PRNewswire/ -- AndaSeat, a renowned innovator in gaming chair technology, is excited to announce its role as the official sponsor for the PUBG Global Championship 2023. The event, spanning from November 18th to December 3rd, 2023, is not only a competitive esports showcase but also a testament to AndaSeat's unwavering dedication to the gaming community and its customers. Elevating the Gaming Experience: A Commitment Beyond SponsorshipAt the heart of AndaSeat's involvement in the PGC 2023 is a deep-seated commitment to the gaming community. The company's provision of cutting-edge gaming chairs for this prestigious event symbolizes a new benchmark in comfort and ergonomic design within the esports world. These chairs, tailored to the unique demands of professional gamers, offer unmatched support and resilience, essential for enduring the rigors of intense gaming battles. Integral to AndaSeat's philosophy is a user-centric design approach. Features such as adjustable lumbar support and customizable armrests, derived from direct community feedback, ensure players maintain perfect posture and comfort. This focus on ergonomic excellence aids in enhancing concentration and performance during the championship's crucial moments. Introducing the Kaiser 3 Series: Ergonomic Prowess Meets Rugged DesignThe Kaiser 3 Series, AndaSeat's latest offering, is a beacon of ergonomic innovation, crafted for the elite gamer. Its hallmark features include 4D armrests, plush high-density foam padding, and premium PVC leather. The series offers extraordinary comfort, which is critical for extended gaming sessions. Its adaptability, showcased through features like a 165° recline, a rocking function, and a 90-165° tilt mechanism, allows gamers to discover their ideal seating position for optimal performance. Built on a robust steel frame and a 5-star aluminum base, the Kaiser 3 Series can support up to 180kg, accommodating a diverse user base. The chair's smooth and stable movement, provided by 65mm PU-covered wheels and a 60mm class 4 hydraulic piston, is crucial for both high-stakes gaming and daily use. Fostering a Legacy: AndaSeat's Vision for Long-Term EngagementAndaSeat's sponsorship of the PUBG Global Championship extends beyond a strategic partnership; it reflects a deep-rooted commitment to the gaming world's ongoing evolution. This globally recognized event provides AndaSeat with an ideal platform to showcase its dedication to quality and innovation, solidifying its position as a frontrunner in gaming furniture. The brand's involvement in such a significant event underlines its continuous effort to engage and uplift the gaming community, from professional esports athletes to passionate gamers. About AndaSeatEstablished with the goal of delivering unparalleled seating experiences for gamers, AndaSeat has become a leading name in premium gaming chairs, desks, and accessories. Prioritizing ergonomic design, durability, and style, AndaSeat's products are not just favored by professional esports teams but are also the top choice for gamers and professionals around the globe. For further inquiries, please contact:AndaSeat PR Team: firstname.lastname@example.org
HUAWEI AppGallery and Universiti Malaysia Pahang Al-Sultan Abdullah (UMPSA) collaborate host MLBB: ROCT 2023 to promote the growth of E-sports in Mala
KUALA LUMPUR, Malaysia, Nov. 18, 2023 /PRNewswire/ -- HUAWEI AppGallery is pleased to announce its first-ever collaboration with an educational institution to host an E-sports tournament titled "Mobile Legends Bang Bang: Rise of Champions Tournament 2023" (MLBB: ROCT 2023). The MLBB: ROCT 2023 is a joint initiative between HUAWEI AppGallery and the Faculty of Computing (FK) at Universiti Malaysia Pahang Al-Sultan Abdullah (UMPSA), with support from Kementerian Belia & Sukan (KBS), Esports Integrated (ESI), Malaysia Digital Economy Corporation (MDEC) and Esports Pahang. The purpose of hosting this tournament is to promote E-sports among students at Higher Learning Institution (IPT) in Malaysia as it has become popular in the community nowadays. Apart from that, AppGallery has assisted in the rise of E-sports in Malaysia following the government's initiative to promote Malaysia as a hub for the E-sports industry. To coincide with the goal of promoting E-sports among students from Higher Learning Institution (IPT) in Malaysia, the MLBB: ROCT 2023 is open to all undergraduate students from public and private universities, polytechnics, as well as institutions recognised under the status of Premier Digital Tech Institutions (PDTI) by the Malaysia Digital Economy Corporation (MDEC). In addition, the tournament aims to elevate the Technical and Vocational Education and Training (TVET) sector to the highest level while promoting UMPSA as a leading institution supporting this initiative. Moreover, this tournament also encourages higher education students to venture into the ecosystem of E-sports, creating a strong and supportive community that can fully benefit from E-sports alongside their peers. "We are thrilled to be collaborating with UMPSA, KBS, ESI, MDEC and Esports Pahang to host the MLBB: ROCT 2023, our first-ever E-sports tournament in collaboration with an educational institution," said Rei Xiao, Director of Mobile Ecosystem Business Growth, Huawei APAC Region. "This tournament is a testament to our commitment to support the rise of E-sports in Malaysia and providing the users an opportunity to showcase their gaming skills, meet new friends and participate in healthy competition. We look forward to seeing all the talented gamers show up for this exciting event." Together with the collaborations of four parties, the MLBB: ROCT 2023 has gone through several rounds of epic battles online including the Qualifier round where the initial matchups between 40 teams and the Playoff Stage which is a knockout round among 16 teams. The top 3 teams from the previous stage will have the opportunity to participate in the final of the tournament. To celebrate the birth of the champion of MLBB: ROCT 2023, the final round of the tournament will be held on 22nd November 2023 at Universiti Malaysia Pahang Al-Sultan Abdullah (UMPSA). On the event day, all parties will work together to arrange the agenda of the event with fun filled activity which participant will walk away with attractive freebies.* The Champion of MLBB: ROCT 2023 will be awarded with the HUAWEI MatePad Pro 11-inch. The HUAWEI Watch GT 3 will be given to the first runner up, and the second runner up will be presented with the HUAWEI FreeBuds SE. Apart from this, users who take part in the interaction activities stand a chance to win a gift. Moreover, students who join AppGallery Discord will get limited peripheral. For more information, please visit: https://www.umpsaesport.pro/ The tournament will focus on Mobile Legends: Bang Bang (MLBB), which is a popular free-to-play MOBA game developed by Moonton. The game offers players 5v5 MOBA gameplay to battle against three lanes to take down the enemy's tower and defend their own. Besides, the game includes a variety of playable characters such as Tank, Marksman, Assassin, Fighter, Mage and Support available for players to choose from. The game feature of quick matchmaking allows players to start a new game within 10 seconds and finish it within 10 minutes. Plus, it also features built-in livestreaming and mobile controls for players to have a good gameplay experience. Download MLBB on AppGallery now: https://bit.ly/3slW7ws HUAWEI AppGallery is available for Android phone users. To download the app, follow these steps: 1. Go to the download link and click on "Install" to have AppGallery on your Android device. 2. Download HMS Core and click on "Install". 3. Create a HUAWEI ID and log in. 4. Start downloading apps and games and enjoy AppGallery's exclusive benefits and rewards. Download AppGallery now: https://bit.ly/40VRapY Join AppGallery Discord to get the latest tournament news, schedule and benefits: https://discord.gg/6C3fyEsQt3 *Terms and Conditions apply. About HUAWEI AppGallery AppGallery is the official app market on Huawei smartphones, featuring curated apps across a wide range of categories including games, education, lifestyle, and fashion. In addition, AppGallery users get access to a wide range of exclusive giveaways, rebates, coupons and VIP privileges. Follow Huawei Mobile Services APAC social media for more info: Official Website: https://consumer.huawei.com/my/mobileservices/ Facebook: https://www.facebook.com/HuaweiMobileServicesAPAC YouTube: https://www.youtube.com/@HuaweiMobileServicesAPAC/ AppGallery Discord: https://discord.gg/6C3fyEsQt3 Download AppGallery now: https://bit.ly/40VRapY
Soar Into the Clouds, Steampunk Adventure RPG Sky Fortress: Odyssey Has Officially Launched
WASHINGTON, Nov. 16, 2023 /PRNewswire/ -- Blanco announced today that the steampunk adventure RPG "Sky Fortress: Odyssey" has been officially launched on November 16 in the App Store and Google Play in the European and American regions. Skyrunners Assemble! Towards the Legendary Elysium! In the steampunk world of Setsemir, confronted by an energy crisis, players, embodying the role of Skyrunners, will embark on the luxurious airship, the Beluga. They will join the main characters, Tricia and Ethan, to unite with companions from various backgrounds. Together, they will confront cunning adversaries, search for Elysium, and ultimately save the world. Strategic Team Building, and an Outstanding Voice Acting Cast In this game, each hero has undergone meticulous refinement by the development team. Every hero possesses unique abilities, offering the opportunity to assemble squads across three primary classes: attack, defense, and support. Players will be able to strategically construct their own adventure squads. Boasting a sprawling storyline with millions of words, the game presents vivid heroes like Ling, Qian Sui, Sekhmet, Wiyanna, and Corvus. Each main character features the talents of renowned Japanese voice actors, including Ayako Kawasumi, Nobuhiko Okamoto, Yui Ogura, Shin-ichiro Miki, and Yui Horie. Additionally, the illustration and art design process received support from the internationally acclaimed steampunk master, Mitsuji Kamata, guaranteeing players a comprehensive, high-quality audio-visual gaming experience. A Diverse Saga of Civilizations, Enjoy Exhilarating Bullet-Hell Shooting As the adventure unfolds, Skyrunners will journey through a variety of steampunk-themed nations such as the romantic Leonadia, the ancient Emeraldia, the mysterious Chaldoros, and the primal rainforest of Arboresia. Immerse yourself in local cultures, take on challenges posed by powerful adversaries, and delve into the customs and traditions unique to each region. Video Title: Showcasing Scenes of Various Civilizations!Video Link: https://www.youtube.com/watch?v=4waPJ-rPTbw High-speed confrontations, endless bullet hell! Skyrunners will vie against bosses in parkour battles. Using parkour and bullet hell mechanics, a chaotic visual feast is crafted, allowing all Skyrunners to simultaneously experience three kinds of exhilaration—physical, emotional, and visual! Delightful Airship Living, Get 100 Free Draws Upon Login! Half of the journey will be spent on your airship. Not only does it have facilities for daily needs like a Kitchen, Radio Room, and Wardroom, but it also provides firepower through the Lab and Workshop. Each room has its own unique resource-generating gameplay. Allowing heroes to settle in will increase your profits. Come and manage your airship! For new Skyrunners boarding the Beluga, Tricia has prepared 100 free draws and various bonus rewards! Skyrunners who log in for 7 consecutive days will earn an S-grade weapon of their choice, which sounds awesome, doesn't it? Follow the official Facebook account for more game updates! Game Name Sky Fortress: Odyssey Price Free (with In-App Purchases) Languages Japanese/English/Simplified Chinese/Traditional Chinese/Korean Platform iPhone/Android Download Link https://bitly.ws/32rXp
HUYA Inc. Reports Third Quarter 2023 Unaudited Financial Results
GUANGZHOU, China, Nov. 14, 2023 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Total net revenues for the third quarter of 2023 were RMB1,647.8 million (US$225.8 million), compared with RMB2,378.5 million for the same period of 2022. Net income attributable to HUYA Inc. was RMB12.1 million (US$1.7 million) for the third quarter of 2023, compared with RMB60.4 million for the same period of 2022. Non-GAAP net income attributable to HUYA Inc. was RMB103.3 million (US$14.2 million) for the third quarter of 2023, compared with RMB106.1 million for the same period of 2022. Average mobile MAUs of Huya Live for the third quarter of 2023 remained flat at 86.0 million, compared with 86.0 million for the same period of 2022. Mr. Junhong Huang, Acting Co-Chief Executive Officer and Senior Vice President of Huya, commented, "Our Huya Live's average mobile MAUs reached 86.0 million in the third quarter of 2023, growing by 3.7% quarter-over-quarter thanks to our diversified e-sports tournaments and entertainment programming during the summer season. As we continue to enrich our content ecosystem and strengthen our user base, we are also advancing our strategic transformation targeting a shift in our commercialization focus with more game-related services. During the quarter, we focused on establishing terms of cooperation with game studios and building the business infrastructure required to support these new services. We are confident that through strong strategic execution, we will expand Huya's presence in the game value chain and drive more balanced and sustainable business growth in the long term." "Against the backdrop of a soft industry environment and our proactive business adjustments, our total net revenues for the third quarter of 2023 were approximately RMB1.6 billion," said Ms. Ashley Xin Wu, Huya's Acting Co-Chief Executive Officer and Vice President of Finance. "In the third quarter, we recorded a gross margin of 13.9%, and decreased total operating expenses by 20.7% year-over-year, reflecting our continuous operational optimization efforts. Furthermore, in mid-August 2023, we announced the authorization for a share repurchase program of up to US$100 million over a 12-month period and have repurchased US$9 million of our shares as of the end of the third quarter. Looking ahead, we remain committed to further improving our financial fundamentals while enhancing shareholder value."  "Non-GAAP net income attributable to HUYA Inc." is defined as net income attributable to HUYA Inc. excluding share-based compensation expenses, gain on fair value change of investments, net of income taxes, and impairment loss of investments, to the extent applicable. For more information, please refer to the section titled "Use of Non-GAAP Financial Measures" and the table captioned "HUYA Inc. Unaudited Reconciliations of GAAP and Non-GAAP Results" at the end of this press release.  Refers to average monthly active users on mobile apps. Average mobile MAUs for any period is calculated by dividing (i) the sum of active users on the mobile apps for each month during such relevant period, by (ii) the number of months during such relevant period. Third Quarter 2023 Financial Results Total net revenues for the third quarter of 2023 were RMB1,647.8 million (US$225.8 million), compared with RMB2,378.5 million for the same period of 2022. Live streaming revenues were RMB1,531.7 million (US$209.9 million) for the third quarter of 2023, compared with RMB2,017.1 million for the same period of 2022, primarily due to a decrease in the number of quarterly paying users on Huya Live to 4.2 million for the third quarter of 2023 from 5.5 million for the same period of 2022. The decline in the number of quarterly paying users was primarily attributable to the soft macro and industry environment, the Company's proactive business adjustments in support of its strategic transformation and prudent operations, and the increase in offline entertainment activities, which adversely affected the time spent by long-tail users on Huya's platform. Advertising and other revenues were RMB116.1 million (US$15.9 million) for the third quarter of 2023, compared with RMB361.4 million for the same period of 2022, primarily due to a significant decrease in content sub-licensing revenues. Cost of revenues decreased by 30.3% to RMB1,419.5 million (US$194.6 million) for the third quarter of 2023 from RMB2,036.2 million for the same period of 2022, primarily due to decreased revenue sharing fees and content costs, as well as bandwidth costs. Revenue sharing fees and content costs decreased by 31.2% to RMB1,231.8 million (US$168.8 million) for the third quarter of 2023 from RMB1,789.8 million for the same period of 2022, primarily due to the decrease in revenue sharing fees associated with the decline in live streaming revenues, as well as lower costs related to e-sports content and content creators. Bandwidth costs decreased by 27.8% to RMB83.0 million (US$11.4 million) for the third quarter of 2023 from RMB115.0 million for the same period of 2022, primarily due to improved bandwidth cost management, favorable pricing terms and continued technology enhancement efforts. Gross profit was RMB228.2 million (US$31.3 million) for the third quarter of 2023, compared with RMB342.4 million for the same period of 2022. Gross margin was 13.9% for the third quarter of 2023, compared with 14.4% for the same period of 2022, primarily due to lower total net revenues. Research and development expenses decreased by 17.5% to RMB141.8 million (US$19.4 million) for the third quarter of 2023 from RMB171.8 million for the same period of 2022, primarily due to decreased personnel-related expenses and share-based compensation expenses. Sales and marketing expenses decreased by 23.7% to RMB94.9 million (US$13.0 million) for the third quarter of 2023 from RMB124.3 million for the same period of 2022, primarily due to decreased marketing and promotion fees, as well as personnel-related expenses. General and administrative expenses decreased by 23.1% to RMB60.5 million (US$8.3 million) for the third quarter of 2023 from RMB78.7 million for the same period of 2022, primarily due to decreased share-based compensation expenses. Other income was RMB40.2 million (US$5.5 million) for the third quarter of 2023, compared with RMB43.9 million for the same period of 2022, primarily due to lower indirect tax refunds and government subsidies. Operating loss was RMB28.7 million (US$3.9 million) for the third quarter of 2023, compared with operating income of RMB11.6 million for the same period of 2022. Interest and short-term investments income was RMB128.4 million (US$17.6 million) for the third quarter of 2023, compared with RMB71.7 million for the same period of 2022, primarily due to increased interest rates and improved management of deposit products. Impairment loss of investments was RMB80.8 million (US$11.1 million) for the third quarter of 2023, compared with nil for the same period of 2022, primarily due to the recognition of impairment charges on certain equity investments. Net income attributable to HUYA Inc. was RMB12.1 million (US$1.7 million) for the third quarter of 2023, compared with RMB60.4 million for the same period of 2022. Non-GAAP net income attributable to HUYA Inc. was RMB103.3 million (US$14.2 million) for the third quarter of 2023, compared with RMB106.1 million for the same period of 2022. Basic and diluted net income per American depositary share ("ADS") were each RMB0.05 (US$0.01) for the third quarter of 2023. Basic and diluted net income per ADS were each RMB0.25 for the third quarter of 2022. Each ADS represents one Class A ordinary share of the Company. Non-GAAP basic and diluted net income per ADS were each RMB0.42 (US$0.06) for the third quarter of 2023. Non-GAAP basic and diluted net income per ADS were each RMB0.44 for the third quarter of 2022. As of September 30, 2023, the Company had cash and cash equivalents, short-term deposits and long-term deposits of RMB10,601.1 million (US$1,453.0 million), compared with RMB10,846.4 million as of June 30, 2023.  Refers to the sum of user accounts that purchased various products and services on our platform at least once during such relevant period. Share Repurchase Program On August 15, 2023, the Company's board of directors authorized a share repurchase program under which the Company may repurchase up to US$100 million of its ADSs or ordinary shares over a 12-month period. As of September 30, 2023, the Company had repurchased 3.5 million ADSs with a total aggregate consideration of US$9.0 million under this program. Earnings Webinar The Company's management will host a Tencent Meeting Webinar at 7:00 a.m. U.S. Eastern Time on November 14, 2023 (8:00 p.m. Beijing/Hong Kong time on November 14, 2023), to review and discuss the Company's business and financial performance. For participants who wish to join the webinar, please complete the online registration in advance using the links provided below. Upon registration, participants will receive an email with webinar access information, including meeting ID, meeting link, dial-in numbers, and a unique attendee ID to join the webinar. Participant Online Registration: Chinese Mainland: https://meeting.tencent.com/dw/G4NhW2ht90d4International: https://voovmeeting.com/dw/G4NhW2ht90d4 A live webcast of the webinar will be accessible at https://ir.huya.com, and a replay of the webcast will be available following the session.  For the purpose of this announcement only, Chinese Mainland excludes the Hong Kong Special Administrative Region, the Macao Special Administrative Region of the People's Republic of China, and Taiwan. About HUYA Inc. HUYA Inc. is a leading game live streaming platform in China with a large and active game live streaming community. The Company cooperates with e-sports event organizers, as well as major game developers and publishers, and has developed e-sports live streaming as one of the most popular content genres on its platform. The Company has created an engaged, interactive and immersive community for game enthusiasts of China's young generation. Building on its success in game live streaming, Huya has also extended its content to other entertainment content genres. Huya's open platform also functions as a marketplace for broadcasters and talent agencies to congregate and closely collaborate with the Company. Use of Non-GAAP Financial Measures The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"), except that the consolidated statement of changes in shareholders' equity, consolidated statements of cash flows, and the detailed notes have not been presented. Huya uses non-GAAP gross profit, non-GAAP operating income (loss), non-GAAP net income attributable to HUYA Inc., non-GAAP net income attributable to ordinary shareholders, non-GAAP basic and diluted net income per ordinary shares, and non-GAAP basic and diluted net income per ADS, which are non-GAAP financial measures. Non-GAAP gross profit is gross profit excluding share-based compensation expenses allocated in cost of revenues. Non-GAAP operating income (loss) is operating income (loss) excluding share-based compensation expenses. Non-GAAP net income attributable to HUYA Inc. is net income attributable to HUYA Inc. excluding share-based compensation expenses, gain on fair value change of investments, net of income taxes, and impairment loss of investments, to the extent applicable. Non-GAAP net income attributable to ordinary shareholders is net income attributable to ordinary shareholders excluding share-based compensation expenses, gain on fair value change of investments, net of income taxes, and impairment loss of investments, to the extent applicable. Non-GAAP basic and diluted net income per ADS is non-GAAP net income attributable to ordinary shareholders divided by weighted average number of ADS used in the calculation of non-GAAP basic and diluted net income per ADS. The Company believes that separate analysis and exclusion of the impact of (i) share-based compensation expenses, (ii) gain on fair value change of investments, net of income taxes, and (iii) impairment loss of investments, add clarity to the constituent parts of its performance. The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance. It uses the non-GAAP financial measures for planning, forecasting and measuring results against the forecast. The Company believes that non-GAAP financial measures represent useful supplemental information for investors and analysts to assess its operating performance without the effect of (i) share-based compensation expenses, which have been and will continue to be significant recurring expenses in its business, (ii) gain on fair value change of investments, net of income taxes, and (iii) impairment loss of investments, which may recur when there is observable price change in the future. However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that they do not include all items that impact the Company's net income for the period. In addition, because non-GAAP financial measures are not measured in the same manner by all companies, they may not be comparable to other similar titled measures used by other companies. In light of the foregoing limitations, you should not consider a non-GAAP financial measure in isolation from or as an alternative to the financial measures prepared in accordance with U.S. GAAP. The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, the financial information prepared and presented in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the table captioned "HUYA Inc. Unaudited Reconciliations of GAAP and Non-GAAP Results" at the end of this announcement. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB7.2960 to US$1.00, the noon buying rate in effect on September 29, 2023, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the Renminbi or U.S. dollars amounts referred to in this announcement could have been or could be converted into U.S. dollars or Renminbi, as the case may be, at any particular rate or at all. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this announcement, as well as Huya's strategic and operational plans, contain forward-looking statements. Huya may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Huya's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Huya's goals and strategies; Huya's future business development, results of operations and financial condition; the expected growth of the game live streaming market; the expectation regarding the rate at which to gain active users, especially paying users; Huya's ability to monetize the user base; Huya's efforts in complying with applicable data privacy and security regulations; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Huya's business operations and the economy in China and elsewhere generally; any regulatory developments in laws, regulations, rules, policies or guidelines applicable to Huya; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Huya's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Huya does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: In China: HUYA Inc.Investor RelationsTel: +86-20-2290-7829E-mail: email@example.com Piacente Financial CommunicationsJenny CaiTel: +86-10-6508-0677E-mail: firstname.lastname@example.org In the United States: Piacente Financial Communications Brandi PiacenteTel: +1-212-481-2050E-mail: email@example.com HUYA INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (All amounts in thousands, except share, ADS, per share data and per ADS data) As of December 31, As of September 30, 2022 2023 2023 RMB RMB US$ Assets Current assets Cash and cash equivalents 655,241 825,610 113,159 Restricted cash 4,050 19,580 2,684 Short-term deposits 9,018,298 7,657,042 1,049,485 Short-term investments 3,117 - - Accounts receivable, net 75,898 66,392 9,100 Prepaid assets and amounts due from related parties, net 59,702 107,298 14,706 Prepayments and other current assets, net 637,225 663,650 90,961 Total current assets 10,453,531 9,339,572 1,280,095 Non-current assets Long-term deposits 1,072,548 2,118,497 290,364 Investments 906,215 855,124 117,204 Property and equipment, net 200,893 262,559 35,987 Intangible assets, net 57,810 39,777 5,452 Right-of-use assets, net 345,136 321,519 44,068 Prepayments and other non-current assets 110,874 122,892 16,844 Total non-current assets 2,693,476 3,720,368 509,919 Total assets 13,147,007 13,059,940 1,790,014 Liabilities and shareholders' equity Current liabilities Accounts payable 22,517 19,442 2,665 Advances from customers and deferred revenue 445,620 369,091 50,588 Income taxes payable 28,924 46,371 6,356 Accrued liabilities and other current liabilities 1,592,455 1,254,236 171,910 Amounts due to related parties 81,814 111,405 15,269 Lease liabilities due within one year 29,801 10,471 1,435 Total current liabilities 2,201,131 1,811,016 248,223 Non-current liabilities Lease liabilities 8,617 8,405 1,152 Deferred tax liabilities 20,533 20,533 2,814 Deferred revenue 73,354 51,243 7,023 Total non-current liabilities 102,504 80,181 10,989 Total liabilities 2,303,635 1,891,197 259,212 HUYA INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED) (All amounts in thousands, except share, ADS, per share data and per ADS data) As of December 31, As of September 30, 2022 2023 2023 RMB RMB US$ Shareholders' equity Class A ordinary shares (US$0.0001 par value; 750,000,000 shares authorized as of December 31, 2022 and September 30, 2023, respectively; 89,401,484 and 87,545,391 shares issued and outstanding as of December 31, 2022 and September 30, 2023, respectively) 60 61 8 Class B ordinary shares (US$0.0001 par value; 200,000,000 shares authorized as of December 31, 2022 and September 30, 2023, respectively; 150,386,517 and 150,386,517 shares issued and outstanding as of December 31, 2022 and September 30, 2023, respectively) 98 98 13 Treasury shares -
Bandai Namco Amusement Europe Opening Group Brand Stores in London Nov 14th
Bandai Namco Amusement Europe Ltd is set to follow on the success of the first UK Bandai Namco Cross Store in Camden Market with another collection of Bandai Namco Group brand stores opening at London’s Victoria Place on the 14th of November, followed with more stores opening nationally. Continuing to celebrate the physical nature of entertainment and Bandai Namco’s rich brands, the new stores will house GASHAPON collectables, Ichibankuji and Sun-Star Stationery. As Japanese pop-culture such as anime, manga, and video games, contribute to the global appeal of Japanese collectables, there is a huge growth of Japanese entertainment in the UK market. For example, on average 76% of Brits have collected Japanese collectables for nearly ten years. As the popularity of Japanese culture, collectables, digital and physical experience continue to rise in the UK, these new stores offer a slice of those experiences adored throughout Japan by the Bandai Namco Group supporting a passionate community. This new collection of stores will open in Victoria Place. Now with further ‘Bandai Namco Group stores’ entering the UK, this extends the feeling of excitement and community in physical spaces, orchestrating conversation, fun and collectibles. “Once again, the ‘Bandai Namco Group’ are expanding their physical experiences outside of Japan allowing our well-known brands to embrace UK communities, celebrating more fun and collections which continue to build passionate fans”, said John McKenzie MD of Bandai Namco Amusement Europe. “As Japanese culture becomes more loved in the UK market with food, art, anime, gaming and collectables, we continue to embrace this, listen to our fans and deliver rich products as we expand into further parts of the UK.” “It is great to offer our customers this new and unique offer at London Victoria Station” Hamish Kiernan, Commercial Director, Network Rail. “The opening of Bandai Namco will undoubtedly create excitement and attract new shoppers to Victoria Place. We look forward to supporting its success and are thrilled to be part of their UK expansion.” What is GASHAPON? GASHAPON is BANDAI’s miniature capsule collectables and vending machines. The name is a combination of the “clunk (gasha)” sound made when the handle is turned, and how the capsule “pops (pon)” out of the machine. GASHAPON BANDAI OFFICIAL SHOP is a GASHAPON dedicated capsule collectable shop, featuring many of Bandai’s products. You will be introduced to some of your favourite Japanese characters and an array of on trend miniature collectables. What is Ichbankuji? Ichibankuji, meaning ‘Number One Japanese Prize’ where you can randomly get rare toys, figurines and collectables by purchasing a ticket, peel to find the letter and check to see what you’ve got. No one ever loses. What is Sun-Star Stationery Sun-Star Stationery is a Japanese company part of the Bandai Namco Group. They create cute (kawaii) and practical stationery and everyday items, including products featuring popular Japanese characters. Enter the world of “Practi-Kawaii” at the Sun-Star Stationery Shop. [ABOUT Bandai Namco Amusement Europe Ltd] Bandai Namco Amusement Europe Ltd is part of entertainment company, Bandai Namco. Bandai Namco exists to share Dreams, Fun and Inspiration with people around the world. Connecting people and societies in the enjoyment of uniquely entertaining products and services, we’re working to create a brighter future for everyone. [Other information] Shop : Victoria Place Address : 1st Floor, 115 Buckingham Palace Road, London, SW1W 9SJ, UK Opening : 14th November, 2023
GIGABYTE 4K Tactical Gaming Monitors Lead the Pack and Receive Widespread Acclaim
TAIPEI, Nov. 9, 2023 /PRNewswire/ -- GIGABYTE, the world's leading computer brand, has earned widespread acclaim for its cutting-edge 4K tactical gaming monitors. The lineup includes M27U, M28U, M32U, and M32UC, caters to the increasingly powerful mainstream graphics cards, boasting an array of features including HDMI 2.1 ports, refresh rates of 144Hz or higher, and exclusive tactical functionalities that have garnered praise from consumers and tech experts. With various specifications, ranging from 27-inch to 32-inch flat and curved displays, GIGABYTE's monitors cater to a wide array of leisure and entertainment spaces. GIGABYTE 4K Tactical Gaming Monitors Lead the Pack and Receive Widespread Acclaim Among the standout offerings is the M27U, a 27-inch monitor with a 4K IPS panel boasting a remarkable 160Hz refresh rate, acclaimed as the "Best Mid-Range Monitor For PS5 and Xbox Series X" by RTINGS, a trusted source for consumer electronics product information. The M32U, a 32-inch model, has been recognized by RTINGS as the "Best Monitor of 2023" for its overall performance, making it suitable for RPG, action-adventure games, and top AAA titles. Meanwhile, the M32UC, with its immersive 1500R curvature and rapid 1ms MPRT response time, has also been recognized as the "Best Mid-Range Curved Gaming Monitor" by RTINGS and the "Best Affordable 4K Gaming Monitor" by PC Gamer. Rounding out the impressive lineup is the 28-inch M28U, praised for its versatility with the low input lag, rapid response time, and HDMI 2.1 bandwidth, making it a top choice for next-gen console gamers. Responding to community feedback, GIGABYTE has further expanded the 4K monitor lineup with the user-friendly Arm Edition variants on M28U and M32U models, featuring a stand-free, VESA-compatible arm design that optimizes desktop space and allows for flexible adjustment according to individual setup preferences. Tailored for gaming enthusiasts, these monitors feature exclusive Tactical Features that provide gamers with the competitive edge they need to succeed. The Black Equalizer 2.0 ensures clear visibility in darker areas without compromising bright spots, while the upgraded Aim Stabilizer minimizes recoil blurriness in FPS games. The OSD Sidekick allows seamless control of monitor functions and settings via a simple software interface using a mouse and keyboard. Additionally, Game Assist offers in-game OSD functions, including a customizable crosshair, a counter, a timer, and multi-screen alignment lines, allowing gamers to maximize their gameplay experience. Emphasizing the motto of "PLAY 4K. PLAY 4 WIN," GIGABYTE invites interested gamers to visit their website for further information: https://bit.ly/AORUS_4K_Monitors
Live Wire Releases "Radiant Silvergun" for Steam (R) on November 3, Allowing Players to Choose between "CLASSIC MODE" and "MODERN MODE"
TOKYO, Nov. 7, 2023 /PRNewswire/ -- Live Wire Inc., a video game development COMPANY based in Tokyo, Japan, announced that it released "Radiant Silvergun" for Steam (R) on November 3, 2023. This game is a complete port from the Xbox Live Arcade version, with new features added to the Steam (R) one. Logo: https://cdn.kyodonewsprwire.jp/prwfile/release/M107930/202310301925/_prw_PI1fl_au2IOj33.jpg Image: https://cdn.kyodonewsprwire.jp/prwfile/release/M107930/202310301925/_prw_PI2fl_HOpYgfCE.png Live Wire made up of members from Japanese game-developing companies such as the former Neverland Co., Ltd., TREASURE Co., Ltd., CAVE Interactive Co., Ltd., and others, has ported several classic shooting games to the latest models. The Steam (R) version of Radiant Silvergun is available on Steam (R) with new functions implemented in addition to the existing functions. - New functions: "CLASSIC MODE" and "MODERN MODE"The Steam (R) version has a new feature that allows players to choose between CLASSIC MODE, which allows them to enjoy the view angle of the Sega Saturn version, and MODERN MODE, which allows them to enjoy the view angle of the Xbox Live Arcade version. Players can enjoy it in the mode that they are familiar with. - Compatible with keyboard operations In addition to the gamepad operations familiar to home game consoles, the game also supports keyboard operations unique to PCs. Radiant Silvergun: Steam (R) storehttps://store.steampowered.com/app/2450820/Radiant_Silvergun/ Radiant Silvergun for Steam (R) - Announcement Trailer -https://www.youtube.com/watch?v=sQwXm_UVI-Q - For Media kit, please visit:https://drive.google.com/drive/u/0/folders/1T9sbKXCOCyq0OHdy7h8VlVdoR_3FU2wi About Live Wire Live Wire Inc. is a 28-member studio based in Tokyo and founded in 2018 by Makoto Takada. It is dedicated to developing and delivering top-quality gaming experiences to a global audience. The company is best known for developing "ENDER LILIES: Quietus of the Knights" ( https://en.enderlilies.com/ ), "9th Sentinel Sisters" ( https://www.live-wire.co.jp/9ss-lp ) and "HARVESTELLA" (https://harvestella.square-enix-games.com/en-us ). Official website: https://www.live-wire.co.jp/