Nexon Expects ‘Robust’ Demand for Online Games in China
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Nexon Co., which developed China’s second-biggest online game for Tencent Holdings Ltd., forecast “robust” demand from players in the world’s biggest Internet market, contrasting with analysts’ predictions of weaker growth.
“We like the market for games in China,” Owen Mahoney, chief financial officer at Nexon, said in an interview in Hong Kong yesterday. Tencent, China’s biggest Internet company, renewed a license for Nexon’s “Dungeon & Fighter” game last year, and demand for the title helped the Tokyo-based company boost sales in China 89 percent in the first quarter, he said.