Perfect World (NASDAQ:PWRD) has launched one of its most popular games, Forsaken World in Brazil, through its local partner, Level Up! Interactive.  Forsaken World is its first 3D MMORPG, which was first launched in October 2010. It has seen significant user growth in multiple markets across the globe. Perfect World recently also launched the Nightfall expansion for Forsaken World in the U.S. and Europe. Forsaken World is a free-to-play game and generates revenue through the sale of virtual in-game content.
As Perfect World has seen a decline in its Chinese user base, it has focused on its international game operations in the last couple of years. Perfect World’s international game operations outside China in markets such as North America, Europe, Japan & Brazil account for nearly 20% of Perfect World’s $23 Trefis price estimate, which stands nearly 90% above its current market price. We expect its revenue from international gaming operations to increase steadily in the coming years as Perfect World continues to launch new games in global markets.
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Perfect World is one of the top gaming companies in China and operates localized versions of some popular games in the United States, Europe and Japan. It competes primarily with Activision Blizzard (NASDAQ:ATVI) and Electronic Arts (NASDAQ:EA) in the online gaming space in the U.S.
- Perfect World Officially Launches Forsaken World in Brazil, Press Release [↩]