Games
    MDEC inks MOU with CICC Capital to set up $100M China-Malaysia Gaming and Digital Content Fund
    Malaysia Digital Economy Corporation (MDEC) and CICC Capital Management Co., LTD , a private equity investment arm of China International Capital Corporation Limited (CICC), have inked memorandum of understanding (MOU) to establish the China-Malaysia Gaming and Digital Content Fund, with an estimated target fund size of $100 million. Minister of Digital, Gobind Singh Deo, said in a statement last Thursday that this strategic fund is set to further strengthen Malaysia’s digital content...
    By Ifvex 2025-05-25 09:17:42 0 409
    Games
    ​​Animoca Brands opens first office in the Middle East, appoints Web3 veteran Omar Elassar as MD
    ​​Hong Kong-based gaming firm Animoca Brands announced Tuesday its official expansion into the Middle East, with a presence in Dubai, United Arab Emirates, to meet the growing demands of Web3 organizations moving into the region. The company has also appointed Omar Elassar as managing director for the Middle East and head of global strategic partnerships. Omar will oversee the company’s Middle East growth and operations, and will play a key role in advancing Animoca Brands’...
    By Ifvex 2025-04-29 16:00:18 0 2K
    Games
    Amid stiff competition, game developers tap into new user acquisition models, empowering players to earn rewards from their favorite games
    For years, mobile gamers have poured hours into their favorite titles—grinding, ranking up, collecting skins—only to walk away with nothing but screen time. Meanwhile, a wave of gaming finance (GameFi) projects promised rewards but delivered clunky gameplay, complex wallets, or worse—low-quality games that weren’t even fun or never launched at all. CryptoZoo, Blockverse, and Ubisoft’s Champions Tactics are just a few examples of GameFi projects that failed to...
    By Ifvex 2025-04-26 05:26:41 0 3K
    Games
    Malaysia announces incentive programs to boost digital creative industry
    Malaysia is targeting stronger global stage presence with fresh funding and incentive programs for games, animation and metaverse. The Malaysia Digital Economy Corporation (MDEC) said in a statement on last Friday that with the country’s rapidly maturing digital creative industry — spanning animations, films and video games — emerging as a key driver of economic growth, the agency has announced a series of incentive programs aimed at advancing industry development and...
    By Ifvex 2025-04-17 08:41:32 0 3K
    Games
    The pay behind play: Evolving content monetization
    Mobile gaming is a lucrative industry, projected to reach $270 billion by 2032. Surpassing the combined value of the video and music industries, mobile gaming’s growth is moving full steam ahead. Its ubiquity has transformed how we play and, crucially, how we pay. Forget one-time purchases; gamers today transact frequently in a free-to-play world. Yes, you heard it right – gamers are spending money. They’re investing in their experiences, and in return, they demand choice,...
    By Ifvex 2025-04-14 04:19:19 0 3K
    Games
    Malaysia’s Hoopi closes seed funding round spearheaded by Creative Gorilla Capital
    Hoopi Holdings Pte Ltd, a collectibles and trading cards platform based in Malaysia with Indonesia presence, has successfully secured its maiden institutional funding round led by Creative Gorilla Capital (CGC), a Jakarta-based venture capital firm that invests in early-stage consumer-facing businesses. CGC said in a statement on Wednesday that the investment has enabled Hoopi to expand its platform’s user ecosystem and core services, facilitating strategic growth across the Southeast...
    By Ifvex 2025-04-09 06:36:14 0 3K
    Games
    AEON Bank partners Malaysia Esport Federation to nurture E-Sports talents among local youth
    Malaysian Islamic digital bank AEON Bank (M) Berhad and electronic sports governing body Malaysia Esports Federation (MESF) have teamed up to nurture E-Sports talents among local youth. The duo said in a statement on last Friday that they have recently signed a memorandum of understanding (MoU), alongside two other strategic partners—Takaful Malaysia (Syarikat Takaful Malaysia Am Berhad) and Retromania. The key scope of the MoU is to further develop and empower the esports industry,...
    By Ifvex 2025-03-31 02:09:10 0 4K
    Games
    Game studios turn to Unreal Engine 5 as proprietary tools fall from favor
    Even top-tier studios are embracing third-party engines like Unreal Engine 5 to address the evolving demands of modern game development. In recent years, the gaming industry has witnessed a significant shift: AAA game developers are increasingly partnering with third-party commercial engines. At the 2024 Game Awards (TGA), 2K Games and its developer Hangar 13 announced they would abandon their proprietary Fusion Engine in favor of Unreal Engine 5 for the latest Mafia...
    By Ifvex 2025-01-10 15:14:14 0 6K
    Games
    Bilibili’s UP100 crowns gaming as the comeback category of 2024
    Gaming content creators reclaim the spotlight in Bilibili’s 2024 UP100 list. On January 3, Bilibili unveiled its latest UP100 list, recognizing the platform’s top 100 creators for 2024. This marks the seventh consecutive year of the annual selection process, which began in 2018. As in the previous two years, Bilibili evaluated creators based on three key criteria: professionalism, influence, and innovation. The announcement stirred mixed reactions among users. Discussions...
    By Ifvex 2025-01-08 14:06:43 0 7K
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Networking
WORQ and Sunway Property partner to launch WORQ Sunway Velocity
WORQ, a Malaysia-based coworking and flexible workspace provider, in partnership with master...
By Ifvex 2025-05-20 14:36:55 0 2K
Networking
Yahoo names Josh Line as Chief Marketing Officer
American proprietary web portal Yahoo has on Tuesday announced the appointment of Josh Line as...
By Ifvex 2025-04-01 09:31:48 0 3K
Networking
Google Cloud expands AI-ready data center capacity in Jakarta
Google Cloud has on Wednesday announced it has expanded – and is continuing to expand...
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Networking
FancyTech eyes expansion into Indonesia to drive global AI content growth
Global artificial intelligence (AI) firm FancyTech is eyeing expansion into priority markets,...
By Ifvex 2025-04-18 04:41:46 0 3K
Networking
Why upskilling across generations is key for Malaysian companies as Gen Z rises to 30% of the workforce by 2030
As millennials and Gen X ascend into executive positions, discussion becomes increasingly rife...
By Ifvex 2025-04-30 04:29:36 0 2K
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