Following its acquisition last year of the North American branch of Perfect Worlds by Embracer and its subsidiary Gearbox, the firm announced Thursday that Perfect World Entertainment is to be renamed as Gearbox Publishing.
Perfect World, a publisher of online games, disclosed its record of investor relations activities on Monday, mentioning that the company has streamlined some of its internal teams that pose challenges to its future development.
Perfect World, a leading mobile game company in China, announced a significant decrease in its net profits in 2021.
Perfect World reported steady revenue growth from its gaming business in 2019 and the first quarter of 2020.
On August 21st, Chinese video game developer Perfect World officially announced the Chinese name for the project previously referred to as “Steam China”.
Chinese video game developer, Perfect World announced on June 12 that it will be working with U.S. counterpart, Valve Corporation in order to bring gaming platform Steam to China through a “Steam China” project.