X.D. Network officially acquires the mobile publishing rights of Terraria in the Greater China region licensed by 505 Games.
Shanghai – July 10, 2020. X.D. Network Inc., the major videogame company listed on the Main Board of the Stock Exchange of Hong Kong Limited, announces today, along with Digital Bros S.p.A., a digital entertainment company operating in the videogames market and listed on the STAR segment of the Milan Stock Exchange, through its subsidiary 505 Games, a partnership to publish the mobile version of Terraria in Mainland China, Hong Kong, Macao and Taiwan on App Store and on TapTap. The partnership was unveiled during the TapTap Present 2020, the event which announced the new exclusives for the TapTap community.
Terraria is a 2D action-adventure sandbox game that revolves around exploration, building, crafting, combat, and mining, playable in both single-player and multiplayer modes. The original licensor, Re-Logic, announced during April 2020 that the game reached over 30 million copies sold. PC is Terraria’s single biggest platform (published by Re-Logic), with 14 million copies sold, followed by 8.7 million copies on mobile and 7.6 million copies on consoles, the latter two versions being published by 505 Games.
505 Games is a global video game publisher dedicated to providing players of all ages with a wide variety of games. The company publishes and distributes titles on leading consoles, PC and handheld platforms as well as on mobile devices and social networks. Publishing highlights among premium games include Bloodstained: Ritual of the Night,Control, Journey to the Savage Planet, Indivisible, PAYDAY 2, Terraria, Portal Knights, and Brothers – A Tale of Two Sons.
In China, the game market for indie and pay-to-play titles has a huge potential and is growing fast, particularly on PC and mobile platforms. “As X.D. Network is one of the most experienced indie and premium game publishers in China, the Terraria partnership with X.D. Network demonstrates our commitment to the Chinese market and the Group’s intention to bring successful content and unique videogames to Asia,” said Raffaele Galante, the Co-CEO and founder of Digital Bros.
The Chinese Android mobile version of Terraria will launch as a major title on TapTap – the largest mobile gaming community and Android game platform in China co-founded by X.D. Network. Significant publishing and marketing resources will be invested in the mobile release of Terraria. Additionally, the Chinese mobile version of Human: Fall Flat – another renowned title licensed by 505 Games will also be released by X.D. Network on TapTap and App Store.
Huang Yi-Meng, CEO of X.D. Network, comments: “Our goal is to create a strong synergy between our indie publishing business and TapTap both bringing premium titles of our global partners on TapTap in China and worldwide and also enriching TapTap’s portfolio with high quality games to boost the brand recognition around the world and push forward the platform globalization. The partnership with 505 Games is a crucial step forward in this direction of future growth. ”
X.D. Network Inc.
ABOUT X.D. NETWORK INC.
X.D. Network Inc. (XD) is a veteran in the game industry that owns a wide range of projects and jointly established TapTap – the biggest Android platform for mobile pay-to-play games. XD was officially listed on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEX”) on December 12, 2019.
In addition to developing and operating multiple classic game IPs globally such as the major MMORPG Ragnarok M – Eternal Love, Shen Xian Dao (HD), the popular CCG Girls’ Frontline and the Battle Royale title Sausage Man, it is also an experienced publisher of indie games. So far X.D. Network has released and operates multiple well-known premium titles including the classic adventure RPG To the Moon, ICEY, Muse Dash, Juicy Realm and Sands of Salzaar.
Brothers: A Tale of Two Sons, one of the titles from 505 Games, was published by X.D. Network in November 2018 on the App Store in China and on TapTap, while the Chinese mobile versions of Human: Fall Flat and Terraria, both licensed from 505 Games, will also be released by XD soon. For more info:
Official Investor Relations site: ir.xd.com/en
Official Twitter: https://twitter.com/XD_EN_Official
TapTap, co-founded by X.D. Network Inc., is the largest mobile game community and Android distribution platform in China. Since its inception in 2016, TapTap has been devoted to introducing a wide selection of games to its users worldwide, especially high-quality premium titles. At the end of 2019, TapTap had 60 million registered users and roughly 18 million monthly active users, with over 350 million Android game downloads.
TapTap not only owns a vibrant and engaging mobile game community allowing players to freely discuss and evaluate games with its unique game rating system, but also serves as a free-to-distribute platform helping numerous game developers distribute their titles globally with a variety of value-added services including user data analysis and game testing. See also:
Official website: https://www.tap.io/
Official Twitter: https://twitter.com/gamesTapTap
ABOUT DIGITAL BROS GROUP
Listed on the STAR segment of Borsa Italiana, Digital Bros Group is a Global Company operating since 1989 as a developer, publisher and distributor of videogames in the international market through its brand 505 Games. The Group distributes its contents on both retail and digital channels. Digital Bros Group is active around the world through its own direct operations in Italy, United States, UK, France, Spain, Germany, China (Shenzhen and Hong Kong S.A.R) and Japan with approximately 200 employees. For more information on Digital Bros Group and its products please visit http://www.digitalbros.com.
ABOUT 505 GAMES
505 Games, a subsidiary of the Italian entertainment company Digital Bros. and Metacritic’s 2019 #1 Publisher of the Year, is a global video game publisher focused on offering a broad selection of titles for players of all ages and skill levels. The company publishes and distributes premium and free-to-play games on leading console, PC and handheld platforms as well as for mobile devices and social networks.
Publishing highlights in premium games include Remedy Entertainment’s critically-acclaimed Control, Typhoon Studios’ comedic action-exploration game Journey to the Savage Planet, Bloodstained: Ritual of the Night, Indivisible, Assetto Corsa Competizione, Brothers – A Tale of Two Sons, Last Day of June, PAYDAY 2, Terraria, Portal Knights, ABZÛ and Virginia. Free-to-play publishing highlights include Battle Islands, Gems of War and Hawken. Distribution highlights include No Man’s Sky, Hellblade: Senua’s Sacrifice, Warhammer: Vermintide 2, Dead by Daylight and Inside/Limbo. Upcoming titles include Hideo Kojima’s DEATH STRANDING for PC.
505 Games has offices in California, United Kingdom, France, Germany, Italy, Spain, China (Shenzhen and Hong Kong S.A.R) and Japan. The company works with a network of distribution and sub-licensing partners in all other markets. For more information on 505 Games and its products please visit 505games.com.