(
EMAILWIRE.COM, November 20, 2016 ) ON, Canada ------ With the most popular
RS3 gold online store MMOGoldCoins.com watching the online gaming industry, should game firms fear or welcome the upcoming Chinese conquest? When it comes to the most reliable online store for RS3 gold, MMOGoldCoins.com is definitely the number one site that tops the market. But, will they be affected too with once Runescape faces the Chinese conquest?
According to BBC news, the upcoming Chinese venture is nearing and they are surprisingly hungry for games companies. The said Chinese conquest involves Chinese firms who are searching for new content to satisfy their 560 million passionate gamers. As a matter of fact, their passionate gamers are not just a bunch of gamers but the biggest contribution to the biggest game market worldwide.
The estimated worth of this largest gaming market is 19.8bn pounds or $24.4bn this 2016 based on Newzoo. In addition, this market is getting bigger and bigger at about 15% per year.
MMOGoldCoins.com confirms that these Chinese firms already spent on foreign acquisitions this 2016. In fact, Deologic reveals that their expenditures already went beyond $111bn as it involves some of the largest transactions with gaming companies worldwide.
Just this year, Zhongji Holding Company bought one of the hottest UK Runescape game makers Jagex. Runescape has been known for its 15-year-old MMROPG and was bought for around $400 million. But, it doesn’t end here because gaming analysts believe that more game firms will be bought soon.
This is based on Lisa Pan’s statement, Shanghai Zhongji Enterprise Group’s director that Chinese shareholders are being magnetized by the UK’s creative sector. In fact, they are looking at US and Europe for good assets for gaming.
MMOGoldCoins.com shares that the gaming sector is indeed growing faster nowadays. So, Chinese firms are very fascinated to build a big portfolio of gaming companies worldwide. MMOGoldCoins.com shares too that the firm itself of Pan expects to make more acquisitions in the upcoming months.
What makes Western games attract Chinese firms? BBC news reveals that the biggest reason why Chinese firms became interested in buying Western games is that, they generate big cash. Moreover, they are cheaper compared to domestic companies’ valuations under the stock market in China’s.
Finally, MMOGoldCoins.com confirms that the fastest way for Western game firms to enter the fast-growing market in Asia is to build a partnership with Chinese firms. Thus, there is nothing to fear about the Chinese conquest. The biggest market in the world can be found in the East now and China is making its way to the top.
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Dimitry Vital
PR and Marketing @ MMO Gold Coins
Telephone: 289-686-6974
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MMO Gold Coins
Dimitry Vital
289-686-6974
info@mmogoldcoins.comSource:
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