Perfect World (company)
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Native name
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北京完美世界网络技术有限公司 |
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| Private | |
| Traded as | Formerly NASDAQ: PWRD |
| Industry | Game developer and publisher |
| Founded | March, 2004 |
| Headquarters | Beijing, China and Redwood City, California |
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Key people
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Robert Hong Xiao (CEO) |
| Revenue |
 CN¥3.05 billion (2013) |
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CN¥542.4 million (2013) |
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Number of employees
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4500 |
| Subsidiaries |
Antaeus Cinema Line Runic Games Cryptic Studios Perfect World Entertainment |
| Website | wanmei |
Perfect World (Chinese: 完美世界; formerly 完美时空) is a China-based video game company specializing in MMORPGs. Perfect World was founded in 2004 by Chi Yufeng, the president of Human Software Corporation. The company aims to develop and market games with Chinese characteristics. The company's initial public offering on the Nasdaq was completed in July, 2007.
Perfect World is parent to Seattle-based game developer Runic Games. In 2009, Perfect World entered into an agreement to publish Torchlight, an action-RPG in production by Runic Games worldwide and later bought a majority stake in Runic Games.
On May 31, 2011, it was announced that Perfect World had acquired Cryptic Studios from Atari for over $50 million.
The company will acquire Antaeus Cinema Line.
Perfect World Entertainment is the company’s North American online games publisher specializing in immersive free-to-play MMORPGs. Founded in 2008, Perfect World Entertainment currently operates 10 titles.
Created in early 2010, in Amsterdam, Perfect World Europe focuses on localizing and operating massively multiplayer games in Europe. Currently, it has Jade Dynasty as well as Forsaken World in both French and German.
On October 18, 2012, Valve Corporation announced an agreement granting Perfect World exclusive rights to market and distribute Dota 2 in mainland China. CEO Robert Hong Xiao stated that his company was "confident that adding this action strategy game to our diverse portfolio of games will bring additional world-class entertainment and premier gaming experiences to our players in China."
On 25 February 2016, Perfect World hosted Dota 2's Shanghai Major. While the tournament itself was well received in regards to the player performances, overall the event was deemed a failure. This was mainly due to delays on stream, spotty broadcasts and various other problems within the tournament, including the theft and deterioration of the competing teams' equipment. There was also a number of issues with the commentators, including the firing of James "2GD" Harding halfway through the tournament. James had what many would consider a very lackluster performance—opening with a crude joke about masturbation—however much of the problems stemmed from the considerably greater time between games than anticipated because of the aforementioned broadcasting issues. In the month that followed the event, Yunfan Zhang the president of Perfect World apologized for the less than stellar event.
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Wikipedia