Chinese Online Gaming Firm Perfect World Files For $100 Million IPO
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Perfect World, the Beijing-based developer and operator of online games, has filed for an IPO on Nasdaq to sell up to $100 million in ADRs. The SEC filing didn’t disclose how many shares will be offered, nor did it estimate a price range for the IPO. For Q107, the company earned $5.18 million compared with a loss of $559k in the year-ago quarter. Its revenues increased to $11.3 million from $1.2 million.
The company develops 3D multi-player online games, including role-playing games Perfect World, Legend of Martial Arts, Perfect World II, and Zhu Xian. The F-1 SEC filing for the company is here.
Posted In: Entertainment, Games, Countries, Asia, China
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