Collaboration will see WeFire launch
internationally in 2016
Glu Mobile Inc. (“Glu”, NASDAQ:GLUU), a leading US mobile game
developer, and Tencent Holdings Limited ("Tencent", SEHK: 00700), a
leading provider of Internet services in China, today announced
that the companies have entered into a partnership to bring
Tencent’s chart-topping shooter game in China, WeFire, to
international markets in 2016.
WeFire, China’s most successful mobile shooter ever, has topped
App Store charts in mainland China since its release in January
2015. According to App Annie, WeFire has been the top downloaded
shooter app in China since January 2015. Additionally, it was the
No.1 top-grossing mobile game in China in February 2015.
WeFire features dynamic 3D graphics, simple but classic gameplay
and a rich array of weaponry. The shooter is distinguished by
innovative features, including four game modes with versatile
chapters and synchronous PVP modes. The partnership gives Glu the
exclusive right to publish and operate WeFire in international
markets except designated markets in Asia1.
“Glu is a genre leader in mobile shooters in the west; Tencent
has the No.1 shooter game in China. Our collaboration will bring
China’s chart-topping and top grossing2 shooter WeFire, to North
and South America, EMEA, Australia and New Zealand in 2016. The
partnership with Tencent forms part of Glu’s ongoing vision to
deliver unmissable entertainment anywhere,” said Niccolo de Masi,
Chairman & CEO of Glu.
“Chinese gamers love WeFire. We look forward to working with Glu
to bring this incredibly popular game to international markets and
share this shooter with new gamers,” said Steven Ma, SVP and Head
of Tencent’s Interactive Entertainment Group.
Forward-Looking Statements
This press release contains certain “forward-looking statements”
related to the businesses of Glu Mobile Inc. and Tencent Holdings
Limited, which can be identified by the use of forward-looking
terminology such as “believes,” “expects,” “plans” or similar
expressions, including statements that our collaboration will bring
China’s chart-topping and top grossing shooter WeFire to North and
South America, EMEA, Australia and New Zealand 2016; that the
partnership with Tencent forms part of Glu’s ongoing vision to
deliver unmissable entertainment anywhere; and that Tencent looks
forward to working with Glu to bring this incredibly popular game
to international markets and share this shooter with new gamers.
Such forward-looking statements involve known and unknown risks and
uncertainties, including, but not limited to, the risk that Glu
does not realize the anticipated strategic benefits from its
partnership with Tencent; the risk that WeFire does not resonate
with Western audiences; the risk that consumer demand for
smartphones, tablets and next-generation platforms does not grow as
significantly as Glu anticipates or that Glu will be unable to
capitalize on any such growth; the risk that Glu will not be able
to maintain its good relationships with Apple and Google; the risk
that the mobile games market, particularly with respect to
free-to-play gaming, is smaller than anticipated; and other risks
detailed under the caption “Risk Factors” in Glu’s Form 10-Q filed
with the Securities and Exchange Commission on August 7, 2015 and
Glu’s other SEC filings. You can locate these reports through Glu’s
website at http://www.glu.com/investors. We are under no
obligation, and expressly disclaim any obligation, to update or
alter these forward-looking statements whether as a result of new
information, future events or otherwise.
About Glu Mobile
Glu Mobile (NASDAQ:GLUU) is a leading global developer and
publisher of free-to-play games for smartphone and tablet devices.
Glu is focused on creating compelling original IP games such as
CONTRACT KILLER, COOKING DASH, DEER HUNTER, DINER DASH, DINO
HUNTER: DEADLY SHORES, ETERNITY WARRIORS, FRONTLINE COMMANDO,
RACING RIVALS, TAP SPORTS BASEBALL and TAP SPORTS FOOTBALL, and
branded IP games including KIM KARDASHIAN: HOLLYWOOD, ROBOCOP: THE
OFFICIAL GAME, MISSION IMPOSSIBLE: ROGUE NATION and SNIPER X WITH
JASON STATHAM, on the App Store, Google Play, Amazon Appstore,
Facebook, Mac App Store, and Windows Phone. Glu’s unique technology
platform enables its titles to be accessible to a broad audience of
consumers globally. Founded in 2001, Glu is headquartered in San
Francisco with major U.S. offices outside of Seattle and in Long
Beach, and international locations in Canada, China, India, Japan,
Korea, and Russia. Consumers can find high-quality entertainment
wherever they see the ‘g’ character logo or at www.glu.com. For
live updates, please follow Glu via Twitter at
www.twitter.com/glumobile or become a Glu fan at
Facebook.com/glumobile.
CONTRACT KILLER, COOKING DASH, DEER HUNTER, DINER DASH, DINO
HUNTER: DEADLY SHORES, ETERNITY WARRIORS, FRONTLINE COMMANDO,
RACING RIVALS, TAP SPORTS BASEBALL, TAP SPORTS FOOTBALL GLU, SNIPER
X, GLU MOBILE and the ‘g’ character logo are trademarks of Glu
Mobile Inc. or its subsidiaries.
About Tencent Games/ IEG
Tencent Games is the world's leading online game publisher, and
has the largest online game community in China. Believing in
"create fun and happiness", Tencent Games is dedicated to providing
reliable, fun and professional interactive entertainment
experiences to users.
About Tencent
Tencent uses technology to enrich the lives of Internet users.
Every day, hundreds of millions of people communicate, share
experiences, consume information and seek entertainment through our
integrated platforms. Tencent’s diversified services include QQ,
Weixin/WeChat for communications; Qzone for social networking; QQ
Game Platform for online games; QQ.com and Tencent News for
information and Tencent Video for video content.
Tencent was founded in Shenzhen in 1998 and went public on the
Main Board of the Hong Kong Stock Exchange in 2004. The Company is
one of the constituent stocks of the Hang Seng Index. Tencent seeks
to evolve with the Internet by investing in innovation, providing a
hospitable environment for partners, and staying close to
users.
For more information, please visit www.tencent.com/ir.
______________________
1 WeFire to be released by Glu worldwide except the following
markets and territories: the People’s Republic of China, Hong Kong,
Macau, Taiwan, Japan and Korea; the ASEAN states (Brunei
Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the
Philippines, Singapore, Thailand and Vietnam); and the SAARC
countries (India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan,
Maldives and Afghanistan) 2 According to App Annie, WeFire
was the #1 top grossing shooter in China between January and
October 2015.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151105006829/en/
Glu Mobile Inc.Jason Enriquez,
415-800-6263jason.enriquez@glu.comorTencent Holdings LimitedAlice
Yewenjunye@tencent.com
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