Three Japanese, Korean Virtual Worlds Generated Over $510M

VIRTUALGOODSNEWS -- Mar 31 -- Plus Eight Star Ltd's "From Virtual Worlds to the 3D Web: Online Communities In China, Asia, and the World", an EU-China Information Project, sponsored overview of virtual worlds. It contains 2008 revenue for two major Japanese and one Korean virtual goods businesses that are not online games. Together, they generated $510m through virtual goods sales in 2008.

    * Cyworld, Korea: $200m in 2008 revenues, 22m registered users, valuation unknown.
    * Mobile Game Town, Japan: $250m in 2008 revenues, 12.6m registered users, valuation $1.4 billion.
    * Gree, Japan: $60m in 2008 revenues, 8m registered users, valuation $1.2 billion.

The full article was originally published at VirtualGoodsNews, but is no longer available.

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Comments

[Account Deleted]

The people are losing their moral while becoming modern. The society needs to be attentive that moral values. Well things needs to be modernized but keeping intact with moral values. As addiction is spoiling the atmosphere of the world to a great extent.Drug Strategies, the definitive site for help with drug and alcohol addiction, in Hawaii Drug and Alcohol Addiction Treatment Centers and Rehabilitation Programs are providing good services to bring the addicted person from filthy atmosphere of drugs.
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John Assam

Virtual Currency

[Account Deleted]

One thing that a lot of people have missed in this recent economic down turn is the fact that in-game money for all of the massive mutliplayer online role playing games has not been effected. I guess it just shows how strong and stable the computer game industry really is.
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John Assam

Virtual Currency