Perfect World Games

What Perfect World Games does

Perfect World Games (完美世界游戏) is the gaming division of Perfect World (完美世界), a diversified Chinese entertainment conglomerate listed on the Shenzhen Stock Exchange (002624.SZ). The company operates a multi-platform gaming portfolio comprising client-based PC games (客户端游戏), mobile games (手机游戏), browser-based web games (网页游戏), and a proprietary gaming platform (游戏平台) that provides account management, payment processing, and community services. Its integrated ecosystem includes an online mall (商城), virtual item store (道具), recharge system (充值), and a dedicated Perfect World Games Community (完美游戏社区), all accessible through the wanmei.com domain with English and Korean language versions supporting international audiences.

The underlying technology is a multi-platform gaming engine and infrastructure stack that supports unified distribution across client, mobile, and web delivery formats, with the proprietary platform providing account, payment, and customer support integration. Distribution is direct-to-consumer via the owned platform, supplemented by official Weibo and WeChat accounts for organic user acquisition. The company holds the Chinese regulatory licenses required for legal online gaming operations, including the Online Culture Business License (京网文[2024]0095-007号) and Online Audio-Visual License (0110587), as well as ICP and Public Security Network filings.

The business model is consumer-facing digital entertainment: revenue is generated from digital game sales, in-game virtual item purchases, character upgrades, cosmetic items, and microtransactions conducted through in-game stores and the online shop. No pricing is publicly disclosed on the main website; customers transact directly within games or via the proprietary payment system. The primary customer segment is individual gaming consumers in China seeking entertainment, social multiplayer, and competitive gaming experiences, with horizontal segmentation across personas rather than targeted enterprise contracts.

Name

Perfect World Games

Legal name

Perfect World (完美世界)

Website

https://perfectworldgames.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Perfect World Games (完美世界游戏) is the gaming division of Shenzhen-listed Perfect World (002624.SZ), operating client, mobile, and web games for individual consumers in China through its proprietary wanmei.com platform with integrated account, payment, and community services.

Ownership category

akta.pro rank

Product category

Online Gaming

NAICS

Hobby, Toy, and Game Retailers (45912)

SIC

Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

In-Game Item Marketplaces & Trading Platforms (MPAFACAJ)

akta.pro secondary industries

Gaming & Virtual World Communities (BPAMABAE), Gaming & Virtual World Social Platforms (MPACAJAG)

Keywords

• Online gaming services
• Mobile game publishing
• Pc game development
• Virtual item monetization
• Multi-platform game distribution

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Digital Game Sales and Virtual Item Monetization: Revenue generated from selling digital game content and in-game virtual items, currencies, and premium features through their online shop and in-game stores.
2. In-Game Purchases and Microtransactions: Virtual item sales, character upgrades, cosmetic items, and gameplay enhancements purchased within games.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Perfect World Games (完美世界游戏) operates a diversified multi-platform gaming portfolio spanning downloadable client-based PC games, mobile games, and browser-based web games, distributed through its proprietary gaming platform (wanmei.com). The company monetizes its offerings through digital game sales and in-game virtual item purchases, with integrated account management, payment processing, virtual item marketplace, and community features supporting social multiplayer experiences.

Product overview

Perfect World Games (完美世界游戏) operates a diversified gaming portfolio across multiple platforms, consisting of client-based PC games (客户端游戏), mobile games (手机游戏), browser-based web games (网页游戏), and a proprietary gaming platform that provides account management, payment processing, and social community services. The company also operates an online mall (商城) and item store for virtual goods transactions.

Differentiator

Problem solved

Functional benefit

Products and services

• Client Games (客户端游戏) Downloadable PC client games that players install locally to access gameplay.
• Mobile Games (手机游戏) Games designed for smartphones and tablets, accessible via mobile app stores.
• Web Games (网页游戏) Browser-based games playable directly through a web browser without client installation.
• Gaming Platform (游戏平台) Proprietary gaming platform that supports account management, in-game purchases, payment processing, virtual item marketplace, and social community features, integrating services such as shop (shop.wanmei.com), account (id.wanmei.com), recharge (pay.wanmei.com), customer support (cs.wanmei.com), and items (store.wanmei.com).

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• NetEase Games: Major Chinese game developer and publisher operating across PC client, mobile, and web titles with integrated monetization platforms. Directly competes with Perfect World Games across similar genres (MMORPGs, casual) in China and internationally.
• Giant Network: Shanghai-headquartered Chinese game publisher focused on client PC and mobile titles (Zhengtu, ZT Online). Direct competitor in the Chinese client PC and mobile MMO/casual categories.
• miHoYo (HoYoverse): Shanghai-based multi-platform game developer/publisher (Genshin Impact, Honkai). Directly comparable as a Chinese game company with strong international reach and cross-platform (PC + mobile + web) publishing operations.
• Shanda Games: Historically significant Chinese online game publisher with a portfolio of client PC and mobile MMOs. Comparable in heritage and product category to Perfect World Games' legacy PC client portfolio.
• 37Games (37 Interactive Entertainment): Chinese mobile and web game publisher with a heavy focus on browser-based games and microtransaction monetization. Operates in adjacent segments of the same multi-platform publishing market as Perfect World Games.
• Lilith Games: Shanghai-based mobile and cross-platform game developer (AFK Arena, Rise of Kingdoms). Comparable as a Chinese multi-platform publisher with strong overseas revenue mix.
• Kingsoft Games (Seasun): Chinese game developer and publisher behind Sword of Legends and other PC client and mobile titles. Comparable mid-tier multi-platform publisher competing for similar Chinese PC and mobile gamers.

Broad incumbents

• Tencent Games: World's largest game publisher by revenue, operating client PC, mobile, and platform-level distribution (WeGame). Overlaps with Perfect World Games across virtually every genre and platform in China and globally.
• Blizzard Entertainment: Long-standing global publisher of premium client PC games with live-service and virtual goods monetization. Comparable to Perfect World Games' client PC heritage and recurring-revenue model, though at a much larger global scale.
• Nexon: Global Korean-headquartered publisher of PC client and mobile free-to-play games (MapleStory, Dungeon Fighter). Comparable as a multi-platform publisher with a heavy MMO/casual portfolio overlapping Perfect World Games' genres.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/perfectworldgames

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Perfect World Games