NetDragon Websoft

NetDragon Websoft
NetDragon Websoft
Simplified Chinese	福建网龙计算机网络信息技术有限公司
Literal meaning	NetDragon (Fujian) Computer Network Information Technology Co Ltd
Hanyu Pinyin
Transcriptions
Standard Mandarin
Hanyu Pinyin	Fújiàn wǎng lóng jìsuànjī wǎngluò xìnxī jìshù yǒuxiàn gōngsī

Traded as	SEHK: 777
Genre	massively multiplayer online games
Founded	May 1999
Headquarters	Fuzhou, China
Number of employees	3300 (in 2014)
Subsidiaries	JumpStart Games
Website	http://ir.netdragon.com/
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NetDragon Websoft is a Chinese company that develops and operates massively multiplayer online games in addition to making mobile applications.^[1] The company debuted its first product in 2002.^[1]

Some self-developed games it operates in China are based on Western IP, such as properties of Disney, Electronic Arts, and Ubisoft.^[4] Other games based on its own IP are distributed in CIS nations, the Middle East, North Africa, Portugal, Russia, and Vietnam, etc.^[5] Some games are also available in English.

Prior to selling this side of the business to Baidu, the company created a mobile phone app store stocked with self-created games and applications.^{[citation needed]} NetDragon had differentiated itself by eschewing selling apps through the distribution channels of others, instead creating its own;^[6] in essence making consumers download a separate app to download their apps, allowing them exposure to other Netdragon offerings in the process.^{[citation needed]}

The company headquarters, completed in 2014, garnered media attention for being inspired by Star Trek.^[7]

Education

NetDragon Websoft started getting involved in education^[8] in 2010 with the aims to develop "the largest learning community globally."^[9]

NetDragon has made several acquisitions regarding education and community, amongst which are included:

A partnership with the University of North Texas to launch the UNT-NetDragon Digital Research Centre.^[10]
Edmodo was acquired by NetDragon on April 8, 2018.^[11]
On July 3, 2017, NetDragon announced that it had acquired American educational software publisher JumpStart Games.^[12]
NetDragon also acquired a 100 percent stake in the UK-listed Promethean World back in 2015.^[13]

Sale of 91 Wireless

NetDragon sold its app store, 91 Wireless, to Baidu in 2013 for $1.85 billion. At that time, the sale was hailed as the biggest deal ever in China's IT sector.^[14] As the company controlled less than 58% of 91 Wireless, Netdragon took an estimated $1.06 billion from the sale.^[15]

The mobile applications available through this store, many of which are "91" branded,^{[citation needed]} are quite disparate and include more than mobile games – running the gamut from fortune telling to wealth management.^[16]

CSR

The company sponsors the Fujian NetDragon Youth Business Foundation, which helps entrepreneurial youth to start a small business.^[17]

References

^ ^a ^b ^c ^d "Company Overview". Netdragon Websoft Inc. Retrieved June 6, 2012.
^ "FAQ". Netdragon Websoft Inc. Retrieved June 6, 2012.
^ "FAQ". Netdragon Websoft Inc. Retrieved May 26, 2015.
^
For games based on Electronic Arts IP, see both "NetDragon Enters into Agreement with EA to Develop New Online Game -- Dungeon Keeper Online". Electronic Arts. December 1, 2008. Retrieved June 6, 2012. AND Alexander, Leigh (July 23, 2009). "EA, NetDragon Partner On Chinese Ultima Online". gamasutra.com. UBM TechWeb. Retrieved June 6, 2012.
- For game based on Disney IP, see Lim, Marcus (Dec 2, 2008). "NetDragon, Disney pact for game: 'Fantasy Online' set for Spring 2009 release". Variety. Reed Elsevier Inc. Retrieved June 6, 2012.
- For game based on Ubisoft IP, see "NetDragon Launches 'Heroes of Might and Magic Online' on May 30th 2008". PR Newswire. Jun 1, 2008. Retrieved June 8, 2012.
^
For Middle East and North Africa, see "NetDragon Sets the Bar for Arabic-language Region's Online Gaming Market." China Weekly News. NewsRX. 2011. HighBeam Research. 24 May. 2014
- For Russia and CIS nations, see "NetDragon's 'Eudemons Online' Headed for Russia." China Weekly News. NewsRX. 2009. HighBeam Research. 24 May. 2014
- For Indonesia, Malaysia, and Portugal, see "NetDragon Launches English Expansion Pack for Eudemons Online - 'The Divine Path'." Science Letter. NewsRX. 2009. HighBeam Research. 24 May. 2014
^ "NetDragon Websoft : mobile gaming is booming". L’Atelier. L’Atelier BNP Paribas. November 26, 2012. Retrieved January 7, 2013.
^ "Chinese Firm's Headquarters Shaped Like 'Star Trek's' Enterprise". Wall Street Journal. 2015-05-25. ISSN 0099-9660. Retrieved 2023-10-14.
^ "Technology Enhanced Learning".
^ "NetDragon Announces Fourth Quarter and Fiscal Year 2017 Financial Results". March 22, 2018. Retrieved March 27, 2018.
^ "UNT launches NetDragon Digital Research Centre". May 15, 2018. Retrieved August 5, 2019.
^ "NetDragon Signs Agreement to Acquire Edmodo to Create the Largest Global Learning Community" (Press release). April 8, 2018. Retrieved August 27, 2018.
^ "NetDragon Acquires JumpStart to Expand Its Online Communities" (Press release). July 3, 2017. Retrieved March 27, 2018.
^ "China's NetDragon completes Promethean acquisition". Retrieved March 27, 2018.
^ Paul Carsten (14 August 2013). "Baidu says agrees to buy Netdragon's 91 Wireless for $1.85 billion". Reuters.
^ "NetDragon Signs Merger Pact between Baidu and 91 Wireless." Manufacturing Close-Up. Close-Up Media, Inc. 2013. HighBeam Research. 24 May. 2014
^ "Netdragon Websoft Inc (0777.HK): Full Description". Thomson Reuters. Retrieved June 6, 2012.
^ "NetDragon Fujian Honored with 2008 'National Outstanding Award for Internet Cultural Enterprise'." Internet Weekly News. NewsRX. 2009. HighBeam Research. 24 May. 2014

External links

Official website

[officialabout-1] "Company Overview". Netdragon Websoft Inc. Retrieved June 6, 2012.

[2] "FAQ". Netdragon Websoft Inc. Retrieved June 6, 2012.

[3] "FAQ". Netdragon Websoft Inc. Retrieved May 26, 2015.

[4] For games based on Electronic Arts IP, see both "NetDragon Enters into Agreement with EA to Develop New Online Game -- Dungeon Keeper Online". Electronic Arts. December 1, 2008. Retrieved June 6, 2012. AND Alexander, Leigh (July 23, 2009). "EA, NetDragon Partner On Chinese Ultima Online". gamasutra.com. UBM TechWeb. Retrieved June 6, 2012.
For game based on Disney IP, see Lim, Marcus (Dec 2, 2008). "NetDragon, Disney pact for game: 'Fantasy Online' set for Spring 2009 release". Variety. Reed Elsevier Inc. Retrieved June 6, 2012.

For game based on Ubisoft IP, see "NetDragon Launches 'Heroes of Might and Magic Online' on May 30th 2008". PR Newswire. Jun 1, 2008. Retrieved June 8, 2012.

[5] For game based on Disney IP, see Lim, Marcus (Dec 2, 2008). "NetDragon, Disney pact for game: 'Fantasy Online' set for Spring 2009 release". Variety. Reed Elsevier Inc. Retrieved June 6, 2012.

[6] For game based on Ubisoft IP, see "NetDragon Launches 'Heroes of Might and Magic Online' on May 30th 2008". PR Newswire. Jun 1, 2008. Retrieved June 8, 2012.

[5] For Middle East and North Africa, see "NetDragon Sets the Bar for Arabic-language Region's Online Gaming Market." China Weekly News. NewsRX. 2011. HighBeam Research. 24 May. 2014
For Russia and CIS nations, see "NetDragon's 'Eudemons Online' Headed for Russia." China Weekly News. NewsRX. 2009. HighBeam Research. 24 May. 2014

For Indonesia, Malaysia, and Portugal, see "NetDragon Launches English Expansion Pack for Eudemons Online - 'The Divine Path'." Science Letter. NewsRX. 2009. HighBeam Research. 24 May. 2014

[8] For Russia and CIS nations, see "NetDragon's 'Eudemons Online' Headed for Russia." China Weekly News. NewsRX. 2009. HighBeam Research. 24 May. 2014

[9] For Indonesia, Malaysia, and Portugal, see "NetDragon Launches English Expansion Pack for Eudemons Online - 'The Divine Path'." Science Letter. NewsRX. 2009. HighBeam Research. 24 May. 2014

[6] "NetDragon Websoft : mobile gaming is booming". L’Atelier. L’Atelier BNP Paribas. November 26, 2012. Retrieved January 7, 2013.

[:3-7] "Chinese Firm's Headquarters Shaped Like 'Star Trek's' Enterprise". Wall Street Journal. 2015-05-25. ISSN 0099-9660. Retrieved 2023-10-14.

[8] "Technology Enhanced Learning".

[9] "NetDragon Announces Fourth Quarter and Fiscal Year 2017 Financial Results". March 22, 2018. Retrieved March 27, 2018.

[10] "UNT launches NetDragon Digital Research Centre". May 15, 2018. Retrieved August 5, 2019.

[11] "NetDragon Signs Agreement to Acquire Edmodo to Create the Largest Global Learning Community" (Press release). April 8, 2018. Retrieved August 27, 2018.

[12] "NetDragon Acquires JumpStart to Expand Its Online Communities" (Press release). July 3, 2017. Retrieved March 27, 2018.

[13] "China's NetDragon completes Promethean acquisition". Retrieved March 27, 2018.

[14] Paul Carsten (14 August 2013). "Baidu says agrees to buy Netdragon's 91 Wireless for $1.85 billion". Reuters.

[15] "NetDragon Signs Merger Pact between Baidu and 91 Wireless." Manufacturing Close-Up. Close-Up Media, Inc. 2013. HighBeam Research. 24 May. 2014

[reutersabout-16] "Netdragon Websoft Inc (0777.HK): Full Description". Thomson Reuters. Retrieved June 6, 2012.

[17] "NetDragon Fujian Honored with 2008 'National Outstanding Award for Internet Cultural Enterprise'." Internet Weekly News. NewsRX. 2009. HighBeam Research. 24 May. 2014

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