SOURCE: ZQGame Inc

ZQGame Inc

September 12, 2011 08:00 ET

ZQGame Announces a Large Bid for Dota 2

SANTA CLARA, CA--(Marketwire - Sep 12, 2011) - ZQGame, a publicly-traded online game company from China has announced its intention to bid a significant amount of money for the China publishing rights to Valve's Dota 2 -- the spiritual successor to the massively popular Warcraft III mod, Defense of the Ancients.

The recent China scramble for Dota 2's rights speaks to the rising potential of the Multiplayer Online Battle Arena (MOBA) genre, noted for its short session based play experiences, suitable for gamers without much play time in a single day, and an increasingly adult gaming population.

The recent success of LoL in China comes as no surprise as the original Dota's success -- which League of Legends was based on -- had approximately half of its players in China. Aware of this trend, cash-rich game and media companies such as ZQGame are keen to be first-in-line to take Dota 2's IP.

ZQGame's Overseas CEO Oliver Wu mentions, "With our 40 MM player base, we hope to bring the Dota 2 franchise we know and love to the masses in China. Our experience could prove valuable as potential operators for Dota 2. We have a track record of bringing our games into the western market successfully as well as bringing western games successfully into the Asian market."

In actuality, ZQGame's track record goes beyond the online game industry, its successful 2010 IPO, 1,600 strong staff and recent 20+ game company acquisitions. ZQGame is a subsidiary of publicly traded Powerleader, one of the top four server technology companies in China, a company that competes with the likes of Lenovo and HP. Along with it, Powerleader also holds a publicly traded investment firm.

As one of the few game companies with an enormous amount of funding in place to bid on DOTA 2, ZQGame has been poised to expand their operations overseas and to foster increased western collaboration. This bid among its recent browser game releases such as Shadowland Online (http://slo.zqgame.com ), a social strategy browser game, represents ZQGame's latest efforts in transforming their Asian-centric operation into a global one.

In the summer of 2011, ZQ completed the establishment of an overseas team in Silicon Valley, CA to manage the publishing and development of games between US and China.

Contact Information