Social Games Vendor FunPlus Raising US$12M from GSR: Social gaming developer FunPlus Game announced raising US$ 12 million in Series A round of funding from GSR Ventures.

Founded in H1 of 2010 with headquarters in both Silicon Valley and Beijing, the company earned its credit as the largest Asia social gaming vendor in terms of daily active user numbers on Facebook platform.

China Online Gaming Market to Reach RMB57.7B in 2012: China’s online gaming market size will reach RMB 57.7 billion in this year, according to a report out last month by Beijing-based market researcher Analysys International, up 20.7% from last year, while webpage games will account for RMB 7.882 billion.

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Ben Jiang

Listener of startups, writer on tech. Maker of things, dreamer by choice.