中交二航局第一工程有限公司
XD Inc. (尊龙凯时z6首页) is a Hong Kong-listed (2400.HK) Chinese mobile gaming company operating the TapTap game-discovery platform alongside a portfolio of self-developed mobile games, serving global mobile gamers and developers through a zero-commission distribution and developer-services model.
- Company typePublic
- Founded2015
- HeadquartersShanghai, China
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What 中交二航局第一工程有限公司 does
XD Inc. (尊龙凯时z6首页) is a Chinese mobile gaming company and game-discovery platform operator founded in 2015 and listed on the Hong Kong Stock Exchange (2400.HK) since April 2020. The company operates TapTap, a mobile game recommendation platform and app store distinguished by a zero-commission (不联运分成) model for developers, alongside an embedded suite of developer services (TapTap Developer Services / TDS) covering analytics (TapDB), anti-cheat/DDoS protection, matchmaking, social/account systems, and localization. XD's proprietary technology stack includes Unity and Unreal Engine-based mobile game development, deep learning-based recommendation algorithms, and cross-platform account/data synchronization (e.g., Dislyte on Android, iOS, PC).
XD generates revenue primarily through (i) self-developed and published mobile games using free-to-play mechanics with in-app purchases, and (ii) international game publishing under the unified XD brand. Self-developed titles include Ragnarok M: Guardians of Eternal Love (仙境传说RO: 守护永恒的爱, with 33M+ registered users and 5M+ MAU across 50+ countries), Sausage Man (香肠派对, distributed exclusively on TapTap), Torchlight: Infinite (火炬之光: 无限), Dislyte (伊瑟), Linglan zhi Jian (铃兰之剑), Dislye Maffen (出发吧麦芬), and XD Town (尊龙凯时z6首页小镇). TapTap serves 20M+ MAU in China and is growing rapidly internationally.
XD serves two distinct but interlocking customer bases: mobile gamers seeking quality, community-validated games across casual to mid-core segments, and game developers seeking zero-commission distribution plus backend infrastructure. Strategic differentiation rests on a virtuous-cycle model in which self-developed exclusive content drives TapTap user growth, and the resulting user base in turn supports further first-party and third-party content. The company employed over 2,000 people as of 2021 with 1,355 R&D personnel, and operates across 50+ countries globally.
中交二航局第一工程有限公司 firmographics
Firmographics- Name
- 中交二航局第一工程有限公司
- Legal name
- 尊龙凯时z6首页公司（XD Inc.）
- Website
- https://snebone.com
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- XD Inc. (尊龙凯时z6首页) is a Hong Kong-listed (2400.HK) Chinese mobile gaming company operating the TapTap game-discovery platform alongside a portfolio of self-developed mobile games, serving global mobile gamers and developers through a zero-commission distribution and developer-services model.
- Ownership category
- akta.pro rank
中交二航局第一工程有限公司 industry classification
Industry- Product category
- Mobile Gaming Platform
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Mobile & F2P Game Studios (MPAFAAAB)
- akta.pro secondary industry
- Game Aggregation, Content Distribution & RGS (Remote Game Servers) (MPAEAKAG)
Keywords
Where 中交二航局第一工程有限公司 is headquartered
LocationHeadquarters
- HQ city
- Shanghai
- HQ country
- China
- HQ region
- Asia
Offices1 record
Markets served
中交二航局第一工程有限公司 business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Game publishing and self-developed games: XD generates revenue through publishing and self-developing mobile games. The company has shifted away from ROI-driven development toward using games as exclusive content to drive TapTap user growth. Revenue from games like 仙境传说RO and 香肠派对, with no platform commission taken by TapTap.
- TapTap platform services: TapTap generates value through user retention and ecosystem growth rather than direct revenue extraction. While it does not take commissions from game revenue (no联运分成), it benefits from user growth driven by exclusive content, which in turn attracts more developers and creates a larger platform.
- Overseas publishing: International publishing of games, with domestic and overseas publishing teams merged under unified XD brand for global distribution. Focus on helping Chinese developers reach global markets through TapTap.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | TapTap official package model — '官方包、不分成、精品化' (Official package, no revenue share, quality focus) |
| Freemium | Pay-as-you-go | 香肠派对 — Free-to-play with in-game purchases |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
中交二航局第一工程有限公司 product offering
Product offeringCore offering
XD Inc. (尊龙凯时z6首页) develops and publishes self-developed mobile games across MMORPG, casual battle royale, life simulation, idle, and SRPG genres (titles include 仙境传说RO: 守护永恒的爱, 香肠派对, 伊瑟, 尊龙凯时z6首页小镇, 出发吧麦芬, and 铃兰之剑: 为这和平的世界). The company operates TapTap, an in-house game discovery and distribution platform that connects third-party developers with mobile gamers under a no-commission model (官方包、不分成、精品化). It also offers TapTap Developer Services (TDS), a developer toolchain providing analytics, social feeds, anti-cheat/DDoS protection, matchmaking, customer service, localization, and unified TapTap-game account integration.
Differentiator
Problem solved
Functional benefit
Products and services
- TapTap
Quantifiable outcome
- TapTap domestic MAU grew 43.7% YoY in 2020
- +3 more outcomes
Companies that use 中交二航局第一工程有限公司
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
中交二航局第一工程有限公司 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
中交二航局第一工程有限公司 partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Torchlight IP rights holderscoreXD Inc. (XD Inc.) announced completion of acquisition of the Torchlight (火炬之光) series IP globally. XD had been operating 'Torchlight: Infinite' (火炬之光: 无限) under license, and the acquisition secures full IP rights including trademarks and related rights for global markets.
- 阿里云 (Alibaba Cloud)coreTapTap and Alibaba Cloud co-founded the 'Anti-Cyber Black-Grey Industry Alliance' (反网络黑灰产联盟), partnering with miHoYo, Lilith, Giant Network, and Yostar, plus judicial and research institutions, to combat DDoS attacks, fake reviews, data theft, and other cyber crimes affecting game developers.
- LeanCloudcoreXD Inc. acquired LeanCloud (一站式后端云服务提供商) in April 2021. The LeanCloud team joined XD to lead the development of TapTap Developer Services (TDS). LeanCloud, founded in 2014 with team members from Google, Microsoft, IBM, Baidu, Alibaba, NetEase, and Sohu, had over 50% of its revenue coming from game developer customers.
- 聚逸株式会社 (WFS / Gathering Inc.)coreXD Inc. partnered with Japan's WFS (Gathering Inc.) to bring the acclaimed JRPG 'Another Eden: The Cat Beyond Time and Space' (另一个伊甸 超越时空的猫) to Chinese markets. The game was developed by WFS with notable creators including composer Masato Kato (creator of Chrono Trigger) and composer Yasunori Mitsuda. The game won Google Play's 'Most Innovative Game of the Year' award.
- NHN PlayArt & dwangocoreXD Inc. is the exclusive publisher (独家发行) of #COMPASS (战斗天赋解析系统), developed by NHN PlayArt and dwango. The 3v3 real-time battle arena game features unique hero characters and 3-minute matches.
- 厦门真有趣 (Xiamen Zhen Youqu)coreCo-development partnership on 香肠派对 (Sausage Man). The Xiamen-based small team (initially <10 people) created the initial demo, which XD supported with long-term development investment and exclusive TapTap distribution. The game became a major success.
- Gravity (韩国重力社)coreXD obtained official authorization from Gravity for the Ragnarok IP (仙境传说RO). This license enabled the development and publishing of 仙境传说RO: 守护永恒的爱, a globally successful MMORPG mobile game.
- 大宇资讯 (Softstar Entertainment)minorCrossover collaboration between 神仙道高清重制版 and The Legend of Sword and Fairy (仙剑奇侠传一), bringing characters like Li Xiaoyao, Zhao Ling'er, and Lin Yeru to the game. The collaboration featured story missions, limited-time characters, and themed cosmetics.
- 变月文化minorCo-produced the animated series '香肠派对' with Bianyue Culture (变月文化), which accumulated over 1 billion views (10亿+播放), helping build the game's brand awareness before the game itself gained traction.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
中交二航局第一工程有限公司 competitors and assessment
Company assessmentDirect peers
- NetEase Games: Major Chinese game developer and publisher across mobile, PC, and console. Competes directly with XD on self-developed mobile titles (e.g., MMORPGs, RPGs) and on cross-platform publishing for Chinese-developed games globally.
- Roblox Corporation: Operates a user-generated game discovery and distribution platform (Roblox) alongside a creator-developer ecosystem. Most comparable platform + content flywheel structure to TapTap, though oriented to UGC rather than curated self-developed mobile titles.
- Yostar: Mobile game publisher specializing in bringing Japanese and Chinese titles to global markets. Comparable to XD's overseas publishing function and a co-Alliance partner; competes for the same global mobile gamer audience.
- Giant Network: Chinese mobile and online game developer/publisher with global ambitions. Direct peer in self-developed Chinese mobile games targeting both domestic and overseas markets, and co-Alliance member with XD.
- miHoYo / HoYoverse: Chinese mobile/PC game developer and publisher of Genshin Impact and Honkai: Star Rail. Closest direct competitor to XD in self-developed, multi-platform premium mobile RPGs and global publishing — both target global Chinese-developed mobile RPG audiences.
- Valve (Steam): Operates Steam, the dominant PC game discovery and distribution platform. Comparable to TapTap as a third-party-friendly game distribution platform; differs in that Steam monetizes via take rate while TapTap takes none, but the platform + developer ecosystem model is structurally similar.
- Lilith Games: Shanghai-based mobile game developer (AFK Arena, Rise of Kingdoms). Direct peer in Chinese mobile F2P game development and global publishing, and a co-Alliance member with XD in the Anti-Cyber Black-Grey Industry Alliance.
Emerging players
- AppLovin: Mobile game marketing and monetization platform with SparkLabs, Adjust, and Lion Studios. Comparable as mobile-game ecosystem infrastructure provider, partially overlapping with TDS, though focused on UA/monetization rather than discovery.
Broad incumbents
- Tencent Games: Largest Chinese game publisher with WeChat/QQ distribution and a portfolio spanning most genres. Overlaps with XD on mobile publishing and competes for player attention, but operates at vastly larger scale and across broader verticals.
Regional players
- Kakao Games: Korean mobile and online game publisher with global ambitions. Comparable to XD's overseas publishing arm and TapTap International strategy, but anchored in Korean-developed titles and primarily Asian distribution.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
中交二航局第一工程有限公司 social profiles
Digital presence中交二航局第一工程有限公司 financial estimates
Financial estimateRevenue estimate
Valuation estimate
中交二航局第一工程有限公司 leadership team
Management profileNumber of profiles
Profiles1 record
中交二航局第一工程有限公司 subsidiaries and ownership
Company hierarchySubsidiaries1 record
中交二航局第一工程有限公司 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
中交二航局第一工程有限公司 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 中交二航局第一工程有限公司
What does 中交二航局第一工程有限公司 do?
XD Inc. (尊龙凯时z6首页) develops and publishes self-developed mobile games across MMORPG, casual battle royale, life simulation, idle, and SRPG genres (titles include 仙境传说RO: 守护永恒的爱, 香肠派对, 伊瑟, 尊龙凯时z6首页小镇, 出发吧麦芬, and 铃兰之剑: 为这和平的世界). The company operates TapTap, an in-house game discovery and distribution platform that connects third-party developers with mobile gamers under a no-commission model (官方包、不分成、精品化). It also offers TapTap Developer Services (TDS), a developer toolchain providing analytics, social feeds, anti-cheat/DDoS protection, matchmaking, customer service, localization, and unified TapTap-game account integration.
Is 中交二航局第一工程有限公司 a public or private company?
中交二航局第一工程有限公司 is a public company. It is classified as public and is currently operating.
When was 中交二航局第一工程有限公司 founded?
中交二航局第一工程有限公司 was founded in 2015. It employs 11 to 50 people.
Where is 中交二航局第一工程有限公司 based?
中交二航局第一工程有限公司 is headquartered in Shanghai, China, in the Asia region.
How does 中交二航局第一工程有限公司 make money?
Three revenue lines are on record. Game publishing and self-developed games are the primary driver. The others are tapTap platform services and overseas publishing.
Who are 中交二航局第一工程有限公司's main competitors?
Direct peers on record are NetEase Games, Roblox Corporation, Yostar, Giant Network, miHoYo / HoYoverse, Valve (Steam) and Lilith Games. AppLovin is listed as an emerging player. Tencent Games is listed as a broad incumbent. Kakao Games is listed as a regional player.
Does 中交二航局第一工程有限公司 have an API?
No public API is recorded for 中交二航局第一工程有限公司.
What industry is 中交二航局第一工程有限公司 in?
中交二航局第一工程有限公司's product category is Mobile Gaming Platform. Its primary akta.pro industry code is MPAFAAAB, Mobile & F2P Game Studios, with a secondary code of MPAEAKAG, Game Aggregation, Content Distribution & RGS (Remote Game Servers). Its NAICS code is 5182 and its SIC code is 7372.