Tencent

Zynga launches first social game in China

July 26, 2011 - 6:15am | News | Other themes

Zynga is launching first game in mainland China in association with Tencent Holdings Ltd in a move to grab a share in the $5.8 billion Chinese games market.

An early version of a game called Zynga City will be released by Zynga on Tencents' open platform, Zynga said in a statement on Monday.

It will be a Chinese version of CityVille, Zynga’s most popular game, featuring Chinese architecture, references to Chinese pop culture, as well as events and contests in the game that will be linked to Chinese holidays and news.

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Virtual currency restricted in China?

June 30, 2009 - 2:23am | Law aspects | News

The Ministry of Commerce and the Ministry of Culture released new regulations that forbid use of virtual cash for real-world trade. Virtual currency can now only be used for virtual goods and services that are provided by the issuers of the virtual currency.

According to the Ministry of Commerce, those caught using virtual money for gambling will be punished by public security authorities.

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