Caixin OnlineFinance & EconomicsTop Stories Finance Mobile Game Developers Enjoy Win Streak, but Analysts Are Skeptical
08.05.2013 16:34

Mobile Game Developers Enjoy Win Streak, but Analysts Are Skeptical

Profits are up, investors are keen and acquisitions are plentiful, but experts say the good times have to end some time
By staff reporters Liu Ran and Zheng Fei
A

(Beijing) – The country's mobile game industry is sizzling hot with cash from investors apparently undaunted by analysts' warnings that the business is volatile and may be overvalued.

Rarely can a startup company in any other industry make a profit in its first year, an investment banker said. In the mobile game sector, however, this is common.

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