- Business
- IGG Inc (0799.HK) is a Singapore-headquartered investment holding company founded in 2006 that develops, publishes and operates mobile and PC online games worldwide, targeting gamers across more than 200 countries and regions with titles available in 23 languages; its core portfolio includes strategy games such as Lords Mobile, a cross-platform real-time war strategy title with over 770 million registered users featuring IP collaborations like Terracotta Warriors, Coca-Cola and Pacific Rim alongside offline tournaments; Doomsday: Last Survivors, a post-apocalyptic survival strategy game with 86 million players that generated HK$520 million in first-half 2025 revenue up 6% year-on-year through features like Off-Limits War and partnerships including Godzilla x Kong: The New Empire; Viking Rise, a Viking-themed strategy game launched in 2022 with 53 million users that contributed HK$360 million in first-half 2025 revenue up 18% via jewel equipment systems, conquest seasons and global events; additional offerings encompass Castle Clash, Time Princess a 3D dress-up game, Mobile Royale, Mythic Heroes, Deck Heroes, Texas HoldEm Poker Deluxe, new casual idle RPGs and the rapidly expanding APP Business comprising service-oriented mobile applications and a proprietary ad traffic platform that reached 73 million monthly active users in first-half 2025 up 79% with HK$530 million revenue up 30% representing 20% of total revenue; the company also licenses games, invests in R&D and private equity funds focused on mobile internet, provides customer support and technical services, and maintains subsidiaries like Fuzhou TJ Digital Entertainment and IGG Capital. IGG operates studios and offices in the United States, China, Canada, Japan, South Korea, Thailand, Philippines, Indonesia, Brazil, Turkey, Italy and Spain, deriving first-half 2025 revenue primarily from Asia (42%), Europe (35%) and North America (19%) through partnerships with over 100 entities including Apple, Google and Meta. Recent developments include robust 2024 full-year results with revenue of HK$5.74 billion up 9% and net profit surging 697% to HK$580 million driven by classic title longevity, new genre diversification and AI-enhanced efficiencies; first-half 2025 interim profit of HK$322 million with ongoing investments in over 20 R&D projects; announcements of 2025 launches for Mafia Mobile a mafia-themed multiplayer strategy game with pre-registration from August and worldwide release in September, alongside Frozen War, a PSS project and Tycoon Master casual game; a share repurchase program authorized in May 2025 for up to 10% of shares including HK$2.1 million repurchased in July; special interim dividend of HK$0.056 per share; participation in Gamescom 2025 showcasing classics and new titles; and recognition as a Google x Kantar BrandZ Top 50 Chinese Global Brand Builder.