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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