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Shanda Games' (NASDAQ: GAME ) Korean Subsidiary Actoz shot up to No. 8 on Google Play's global publishers for the month of January.
Actoz came onto the Korean mobile gaming scene back in September 2012. Since then, the company has published four games: "Million Arthur," "Monster Empire," "Battle Arena," and "Fallin Fallin." Actoz brought in the eighth highest monthly revenue in January, according to App Annie, an apps analytics company.
In the company's press release, Shanda Games Chief Executive Officer Mr. Xiangdong Zhang said:
We are extremely pleased to see Actoz continue to shoot up the charts since it began publishing mobile games late last year. Actoz's phenomenal success so far demonstrates the success of our mobile game strategy as well as our ability to operate products for specific overseas markets. We are excited by the possibilities this presents and plans are already in place to bring some of its existing mobile games to other markets including China. We believe these developments will help to increase our mobile game operational and financial performance in the future.