Archive

Archive for April, 2009

Crikey! Zong launches Australia

April 9th, 2009

We're live in Australia

Yesterday we launched coverage in Australia across all wireless carriers.  Just like in the US, Canada and Europe, we are connected with over 95% of all wireless subscribers wherever we’re live.  It’s something we think is really important.  After all, as a user, it’s a crumby experience to be led to believe you can make a payment only to find out your carrier isn’t supported.

We’re rolling out lots of new countries in the coming months.  Check out our coverage page to learn more about where we are and where we’re going.

One final note, check out our latest edition of the Zong Newsletter.  If you like it, subscribe.

Zong News ,

Another strong vote for Virtual Goods

April 7th, 2009

This time the votes are being cast by investors.  The recipient? Beijing-based Changyou.com, the game developer behind the wildly popular MMORPG Tian Long Ba Bu (”Novel of Eight Demigods”).   Changyou’s (CYOU) stock price jumped 25% on it’s opening day of trading on the NASDAQ, confirming investors optimism for the company’s future prospects.  In 2008, it generated over $200 million in revenue, most of which is derived from the sale of virtual goods.  Still, they have a ways to go to catch up with virtual goods behemoth Tencent. These guys rang up $1 billion in revenue last year, about 70% of which is derived from the sale of virtual goods.  Here’s to the rest of the world waking up to such an enormous opportunity!

Industry News, Virtual Goods