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Because nine city second quarter loses the evil spirit beastly world to owe 12,000,000 US dollars

Filed under IT by topsum001 on 29-08-2009

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Yesterday, the online game operator announced the ninth city in the second quarter, reported a second quarter net loss of 12 million U.S. dollars, in the last quarter, net loss 7.2 million U.S. dollars to continue to expand on the basis of 480 million U.S. dollars, while the same period last year The company also achieved net profit of 17 million U.S. dollars.

NINETOWNS in the earnings release that the reason for the second quarter revenue decline was mainly due to the June 7, 2009 operations of the “World of Warcraft,” due and lead to reduced income. It is understood that “World of Warcraft” account for almost Jiucheng NINETOWNS income, “World of Warcraft” easy to master NetEase, the NINETOWNS lost this important source of income.

NINETOWNS chairman and CEO Jun Zhu said that in the “World of Warcraft” agreement after the expiration of the termination of operations, the income NINETOWNS really decreased significantly. Experts believe that online games industry, the domestic online game companies operating overseas online games alone product, is tantamount to doing the wedding dress for others, the risk of large, independent research and development is based on the fundamental arena, NINETOWNS to increase R & D investment, but also lessons learned performance.

“World of Warcraft” in China’s proxy fight can be said to make NINETOWNS and Netease lose-lose. NINETOWNS lost the power of attorney is a collection fell by 90%, while NetEase was given a power of attorney, but paid a high agency costs, and conversion agent after the “World of Warcraft” have been unable through examination and approval, free test of time has continued, NetEase did not earn a penny so far, but also losses on the day, a lot of maintenance costs.

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