What iDreamsky Technology does

iDreamsky Technology (创梦天地, HKEX: 01119.HK) is a Shenzhen-headquartered mobile game publishing and development platform founded in 2009 (current entity incorporated 2011) and previously listed on NASDAQ before being privatized in 2016 and re-listed on the Hong Kong Stock Exchange in December 2018. Operating under the "乐逗游戏" (LeDou Games) publishing brand, the company runs a dual model of self-developed titles (Strinova/卡拉彼丘, 荣耀全明星, 传说中的合合岛) and licensed overseas精品 titles (Subway Surfers, Monument Valley, War Robots, Ni no Kuni: Cross Worlds, Shop Titans, Delta Force) distributed globally across PC, mobile, and console via Steam, Epic Games Store, App Store, and Chinese Android channels.

The company's technology stack includes a self-developed next-generation domestic 3D mobile game engine, the "溯梦大模型" generative AI service approved by Guangdong's cyberspace authority, proprietary AI code review tooling, a multi-language AI customer service system, and an AI listening platform ("风声") for player voice analytics. Its wholly-owned subsidiary Shenzhen LeDou Technology operates Fanbook, a community management platform serving 10M+ registered users and 1M daily actives with integrated messaging, voice, live streaming, AI, and commerce functions.

iDreamsky generates revenue primarily through freemium in-app purchases in its games (FY2022 total revenue was ¥2.73 billion, with gaming at ¥2.53 billion, +10.2% YoY) supplemented by subscription/recurring revenue from the Fanbook platform. The company is majority-controlled by founder/CEO Chen Xiangyu with Tencent as a strategic investor since 2013 (and cornerstone investor in the 2018 HKEX IPO alongside Sony and JD.com). It holds National High-Tech Enterprise, National Cultural Industry Demonstration Base, and Key National Cultural Export Enterprise designations, and established a Middle East regional HQ in Riyadh in May 2024 to support global expansion.

Name

iDreamsky Technology

Legal name

深圳市创梦天地科技有限公司

Website

https://idreamsky.com

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

501–1,000 employees

Short description

iDreamsky Technology (创梦天地, HKEX: 01119.HK) is a Shenzhen-based mobile game publisher and developer that distributes self-developed and licensed精品 games globally across PC, mobile, and console, while operating the Fanbook AI-powered community platform for brands and creators.

Ownership category

akta.pro rank

Product category

Mobile Game Publishing

NAICS

Software Publishers (51321), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (516210)

SIC

Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Mobile Game Publishing & App Game Stores (BPAMAKAB)

akta.pro secondary industries

Mobile & F2P Game Studios (MPAFAAAB), Social/UGC & Sandbox Game Studios (Roblox-like) (MPAFAAAF)

Keywords

• Mobile game publishing
• Game development studio
• Community management platform
• Generative AI services
• Digital entertainment technology

Headquarters

HQ city

Shenzhen

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. 游戏发行与运营: 通过乐逗游戏品牌发行运营精品游戏，包括自研游戏及海外精品游戏的中国区发行，采用内购付费模式
2. 游戏自研: 公司坚定自研路线，已上线《荣耀全明星》《卡拉彼丘》《二之国：交错世界》等精品自研游戏
3. Fanbook平台服务: 为企业、创作者提供社区管理工具和平台服务，支持精细化用户运营

Go-to-market motion3 records

Distribution channels6 records

Marketing channels9 records

Core offering

iDreamsky Technology develops and publishes mobile, PC and console games globally. Through its 乐逗游戏 (Le Dou Games) publishing brand, it distributes premium overseas titles in mainland China while self-developing competitive and casual games. The company also operates the Fanbook community management platform serving enterprises, brands, and creators with messaging, voice, live streaming, AI, and commerce features. Monetization combines in-app virtual currency purchases inside freemium games with subscription services for Fanbook.

Product overview

iDreamsky Technology (创梦天地, stock 01119.HK) is a global game R&D and publishing technology company headquartered in Shenzhen. Its portfolio is organized around the 乐逗游戏 publishing brand for international and domestic精品 titles, and the self-developed Fanbook community platform. The company operates a dual model: self-publishing of self-developed titles (卡拉彼丘, 传说中的合合岛, 荣耀全明星) alongside publishing of overseas精品 titles (地铁跑酷, 神庙逃亡2, 梦幻花园, 梦幻家园, 机甲战队, 传奇商店, 二之国：交错世界, 三角洲行动, 冲冲奇兵). The products share large user bases, long lifecycles, and high user stickiness, unified by the Fanbook community platform for user engagement and operations. The company also holds a national high-tech enterprise certification and independently developed a next-generation 3D mobile game engine.

Differentiator

Problem solved

Functional benefit

Brands

• Fanbook: A community management platform supporting efficient operations for millions of users, integrating instant messaging, voice, live streaming, AI, and commerce functions with permission grouping and BOT management tools.
• QQfamily
• 乐逗游戏

Products and services

• 卡拉彼丘 (Strinova) Self-developed anime hero TPS (third-person shooter) game featuring an innovative "string transformation" (弦化) mechanic allowing 3D-to-2D character switching. Distributed globally on PC, mobile and console platforms for mass-market and core shooter players.
• 超级洞洞乐 (Super Hole Hole Joy) Casual decompression game where players control a magical black hole to absorb objects across 30+ themed levels including fruit parties and amusement parks, featuring black hole evolution mechanics and diverse prop combinations for casual mobile players.
• 传奇商店 (Shop Titans) Simulation management game by Kabam where players run a shop in a fantasy world, combining RPG elements with social, multiplayer and free-market trading; published by iDreamsky for the China market on iOS and Android.
• 机甲战队 (War Robots China edition) 6v6 hard-boiled mech shooter mobile game developed by MY.GAMES/Pixonic. China version published by iDreamsky since January 2024. Cumulative global installs exceed 300 million with the China edition monthly online players exceeding 4.7 million.
• 二之国：交错世界 (Ni no Kuni: Cross Worlds China edition) Fantasy MMORPG co-developed by Netmarble, iDreamsky and Tencent, based on Level-5's Ni no Kuni franchise with Studio Ghibli animation and Joe Hisaishi music, featuring a 幻兽 (mythical pet) system and dual-world mechanics; China version launched February 28, 2024.
• 三角洲行动 (Delta Force) Multi-mode tactical first-person shooter set in a fictional 2035 world, co-developed by iDreamsky and Tencent; players operate as GTI squad operators to complete special operations missions, with Tencent holding exclusive China distribution rights.
• 荣耀全明星 (Glory All-Star) Self-developed side-scrolling 3D brawler ARPG mobile game set in a "Glory Continent". Players choose from six classic job classes with multiple advancement paths, skill combo customization, and multiplayer dungeon raiding.
• 地铁跑酷 (Subway Surfers) Classic 3D endless runner game operated in China since 2013, with frequent new city-themed maps and seasonal events. Features a "dynamic global city tour" concept with cultural content from 130+ global cities.
• 神庙逃亡2 (Temple Run 2) Classic endless runner where players escape through temples while dodging monkey enemies and collecting treasures, published in China by iDreamsky.
• 梦幻花园 (Dream Garden / Manor's match-3) Hybrid casual game combining match-3 elimination with garden simulation/decorating. Players build and design gardens while progressing through storyline-driven puzzle levels by Playrix, published by iDreamsky in China.
• 梦幻家园 (Dream Home) Match-3 and home renovation simulation hybrid by Playrix. Players complete puzzle levels to earn resources for decorating and upgrading their home, published in China by iDreamsky.
• 纪念碑谷 (Monument Valley) Award-winning puzzle adventure game featuring impossible architecture and optical illusion-based level design where players guide a silent princess through surreal geometric environments, published by iDreamsky in China.
• 传说中的合合岛 (Legend of HeHe Island) Self-developed Chinese-style casual merge and decoration mobile game with a mythological theme. Players unlock characters, buildings, and mythical beasts by merging items to build their own island.
• Fanbook Community Management Platform Community management platform supporting large-scale user operations for millions of users. Integrates instant messaging, voice, live streaming, AI, and commerce features with permission grouping and BOT automation tools. Serves brands, creators and game studios with over 10 million users and 1 million daily actives.
• 冲冲奇兵 (Rush Team / Pixonic tower defense game) Global tower defense mobile game by MY.GAMES blending tower defense, strategy, and card mechanics, published in China by iDreamsky. Global cumulative downloads exceed 95 million with over $370M revenue; received an imported game license in May 2025.

Quantifiable outcome

• 整体研发效能提升30%以上
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration23 records

AI capability6 records

Feature6 records

Scale indicators10 records

Recent moves3 records

Broad incumbents

• NetEase Games: Major Chinese game publisher/developer with both self-developed (Onmyoji, Marvel Rivals, Naraka: Bladepoint) and global publishing operations. Comparable to iDreamsky's combined publishing + self-development model at a much larger scale.
• Tencent Games: World's largest game publisher and iDreamsky's largest strategic investor and distribution partner. Comparable as a Chinese game publisher with self-developed + publishing + community assets, but at vastly larger scale; defines the addressable ceiling for iDreamsky.
• Sea Limited (Garena): Singapore-headquartered digital entertainment platform combining Garena game publishing with Shopee e-commerce. Comparable as a mobile game publisher with global consumer-brand platform ambitions similar to iDreamsky's combination of publishing + Fanbook community.

Direct peers

• MY.GAMES (VK): Developer of War Robots and Rush Royale, partnered with iDreamsky on China publishing. Direct comparability as mid-size global mobile game developer with China market entry via partnership model.
• Netmarble: Korean mobile game developer/publisher that co-developed Ni no Kuni: Cross Worlds with iDreamsky and Tencent. Directly comparable as a mobile/PC MMO publisher serving both Asian and global markets with similar publishing-and-development dual model.
• IGG Inc. Hong Kong-listed mobile game publisher specializing in F2P global titles. Closely comparable to iDreamsky in business model — Chinese-roots mobile publisher with global distribution, mix of self-developed and licensed publishing, and similar scale of user base.
• FunPlus: Chinese-founded mobile game publisher with global hit titles (King of Avalon, State of Survival) and overseas headquarters. Direct comparability: Chinese mobile publisher with self-developed titles and global publishing footprint.
• Playrix: Russian developer of casual/puzzle mobile games including Dream Gardens and Dream Home, which iDreamsky publishes in China. Comparable as a long-lifecycle match-3/casual developer with global mobile publishing relationships.
• Kabam (NetMarble subsidiary): Mobile game developer/publisher of Shop Titans, partnered with iDreamsky on China launch. Comparable as a mid-large mobile publisher focused on social/strategy/RPG hybrid titles with global revenue scale.

Regional players

• Shanda Games: Earlier-stage Chinese mobile and online game publisher with similar self-developed + publishing dual model. Comparable regional peer for Chinese market dynamics, though smaller scale.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Dreamsky_games
• Facebookfacebook.com/idreamskyltd
• LinkedInlinkedin.com/company/idreamsky-technology

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments15 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iDreamsky Technology