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Every week, our analysts review dozens of news sources, from multiple countries, in multiple languages. From this, we give you the stories that are most important, and the analysis to tell you why.
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Steam officially announced that starting from November 3, 2015 it will support Chinese RMB. At the same time, it will also start to support currency in Hong Kong, Taiwan and India. After the launch of new currency support, USD remained in the Steam Wallet can be automatically converted to the new currencies using exchange rate provide by Valve. Right now, Steam already supports customer service in Chinese and Alipay in China. The RMB support will definitely simplify gamers' game purchase process and thus attract more players to join Steam.
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Tencent invested in the Palo Alto-based F2P game developer Artillery for series A funding round. The amount of investment was not disclosed, but Tencent is the lead investor. Other investors include First Round Capital, Lowercase Capital, Signia Ventures, General Catalyst, Charlie Cheever, Crunchfund and some other angel investors. Ankur Pansari, CEO of Artillery said that they started to talk to Tencent about a year and half ago The company is developing a game code-named "Atlas", which fits into the high-demand competitive gaming segment as a MOBA game with RTS gameplay.
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DoNews, via Marbridge, reported Tencent's announcements regarding WeChat usage made during the company's Global Partner Meeting. Lots of interesting statistics were disclosed. Some notable are that there are 570 million average DAU, that 15% of them actively play games on the platform, and more than 70% of gamers play more than 10 minutes per day. In addition, WeChat Sports has expanded to include WeRun, which tracks a user's daily (physical) strides. It also enables users to "donate" strides to charity, and users have already donated 167.8 billion steps generating RMB 33.57 million in charitable donations. A user walks more than 10,000 steps in a day and money is then donated to the user's designated charity.
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Niko News is just one part of the strategy and expertise offered by Niko Partners to help our clients better understand and successfully navigate the thriving games markets of China and Southeast Asia.
Niko Partners is the leading provider of market intelligence, custom research, and consulting services focused on the games industries in China and Southeast Asia. Since 2003 we have provided critical information to the world's leading game publishers, developers, hardware makers, and game service providers as well as to government policymakers, trade associations, and institutional investors.
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