NetDragon Websoft Holdings Stock

NetDragon Websoft Holdings Limited operates as an investment holding company.

The company engages in the online and mobile games development, including games design, programming and graphics and online and mobile games operation; education business; and mobile solution, products and marketing business.

The company operates mainly in the People’s Republic of China (the ‘PRC’), the United States of America, and the United Kingdom. The company also has business operations in Hong Kong, Australia, and Europe.

The company’s suppliers include primarily server and bandwidth leasing companies and game operation service providers, and it also relies on third party service providers in various aspects. The distribution and payment channels comprise direct sales supported by online payment service providers and distribution partners; pre-paid card sales supported by distributors throughout the PRC; and co-operation channels supported by the company’s co-operation partners.

In addition, the company relies on third parties in providing Internet support to its online games and also relies on an independent third party for the license from the GAPP, which is fundamental to its business, to publish its games.

History

The company was founded in 1999. It was incorporated in 2004. The company was formerly known as NetDragon Websoft Inc. and changed its name to NetDragon Websoft Holdings Limited in 2016.