XD Inc.
XDNCF
Other OTC2.70
USD
- -
- -
ISIN
KYG9830N1097
Return %
Stock
S&P500
1Y
- -
26.53
3Y
24.42
76.60
5Y
-51.09
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Yimeng Huang
- Full Time Employees
- 1,400
- Sector
- Technology
- Industry
- Electronic Gaming & Multimedia
- Address
- No. 700 Wanrong Road Shanghai People's Republic of China
- IPO Date
- Oct 1, 2021
- Website
- xd.com
- Similar Companies
- Business
- XD Inc. (HKEX: 2400; OTC: XDNCF), an investment holding company, develops, publishes, operates and distributes mobile and web games in Mainland China and internationally through its Game and TapTap platform segments; its core offerings include self-developed online games such as lighthearted battle royale Sausage Man, MMORPG Ragnarok M: Eternal Love and its Classic variant Ragnarok M: Classic, multiplayer fighting Flash Party, 3v3 hero battle royale T3 Arena, life simulation Heartopia, Diablo-like ARPG Torchlight: Infinite, idle game GoGo Muffin, SRPG Sword of Convallaria and turn-based Action-RPG Etheria: Restart, alongside premium and indie games like Terraria, ICEY, Muse Dash, Sands of Salzaar, Hero’s Adventure and Totally Accurate Battle Simulator; the company also operates TapTap, a leading game community and app store providing online marketing services to developers and publishers via advertising without joint operations, with an average of 43.6 million monthly active app users in Mainland China and 5.0 million internationally as of June 2025, alongside a newly launched PC version and TapTap Mini Games. Founded in 2011 as a successor to the 2003 P2P platform VeryCD and listed on the Hong Kong Stock Exchange in December 2019, XD Inc. is headquartered in Shanghai, People's Republic of China, employs approximately 1,400 people and maintains a portfolio of 23 online games and 39 premium games as of June 2025, with operations spanning Mainland China, Hong Kong, Macau, Taiwan, Southeast Asia, North America, South Korea and Japan. In recent developments, the company reported interim revenue of RMB3.08 billion for the six months ended June 30, 2025, up 38.8% year-over-year driven by strong performances from Ragnarok M: Classic, Heartopia and Torchlight: Infinite alongside TapTap advertising growth; acquired a 5.3% stake in MiAO studio for US$14 million in August 2025 to support AI-driven game development via MiAO Artificial Intelligence Labs; pursued full ownership of subsidiary X.D. Global (HK) Limited through a 35% share acquisition announced in April 2024 involving HK$14.20-per-share consideration shares and cash subject to earn-out adjustments; and expanded game launches including GoGo Muffin in Japan in February 2025, Ragnarok M: Classic in Southeast Asia and Hong Kong/Macau/Taiwan in early 2025, with plans for overseas Heartopia rollout and premium titles like Volcano Princess and Dave the Diver.