IGG Inc.
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| Type | Public |
|---|---|
| SEHK: 799 | |
| Industry | Video games |
| Founded | June 6, 2006 |
| Headquarters | Singapore |
| Products | Lords Mobile, , Clash of Lords 2 |
| Revenue |  US$667.648 million (2019)[1] |
| US$164.782 million (2019)[1] | |
| Website | www |
IGG Inc. (I Got Games, also previously known as Internet Gaming Gate) is a Chinese video game developer and publisher. The company was founded in 2006 in Fuzhou, Fujian, China. IGG is headquartered in Singapore, namely "IGG Singapore Pte. Ltd." (formerly "Sky Union Pte. Ltd."), since 2009 and has branches in China, the United States, Canada, Japan, South Korea, Belarus, Thailand, Philippines and Hong Kong.
IGG is best known for the development of mobile games such as Lords Mobile, Castle Clash, Clash of Lords, and for formerly publishing various massively multiplayer online games in North America.
Company[]
IGG primarily focuses on the research and development of video games and software, but is also not limited to its other functions of business such as operations, product promotions and e-commerce. Mobile games are by far IGG's biggest products, which include Lords Mobile. MMORPGs include GodsWar Online, Voyage Century Online, Wonderland Online, Tales of Pirates, Myth War Online. IGG has also developed multiple streaming platforms such as WeGamers and Pocketlive.
On October 18, 2013 IGG was listed on the Hong Kong Stock Exchange, followed by an official transfer on July 7, 2015 from being on the GEM board to the Main Board with the current stock number of 799.HK.[2]
In January 2016 IGG was voted as the "Most Promising HKEx Listed Companies" in the 13th China's Financial Annual Champion Awards. In the selection of Top 50 Global Mobile Game Company held by Pocket Gamer, IGG ranked the 17th. In May, it launched new game Lords Mobile in North American, ranked TOP 2 in American IOS F2P list.
Free-to-play model[]
Free-to-play, also known as F2P or FtP, refers to video games which give players access to a significant portion of their content without paying. Since the company's creation, games of IGG has traditionally followed a freemium model where players can play a fully functional game for free, but also have the opportunity to upgrade their gaming experience through a variety of microtransactions. While supporters argue that F2P games give the players more financial freedom as to how much each individual player wants to play, critics of the system have claimed that the F2P model unfairly favors players who spend more on each game as shown by all games of this type across all the available platforms.
Non-mobile game products[]
WeGamers is a social app launched in June 2016 to help players of IGG games to become more connected. Players can use this app as a way to discuss game strategies, to call for other players when in battle, or to simply chat like any other social app. Link Messenger is a messenger app launched in December 2015. Contrary to WeGamers, this app is similar to other messaging apps and not specifically targeted for the gaming community.
References[]
- ^ a b "IGG Inc. Annual Report 2019" (PDF). IGG Inc. 2020-04-02. p. 103. Retrieved 2021-03-29.
- ^ http://www.google.com/finance?q=HKG:0799
External links[]
- Mobile game companies
- Chinese companies established in 2006
- Video game companies of Singapore
- Companies listed on the Hong Kong Stock Exchange