Report: Ouya gets $10 million investment from Alibaba
Ouya CEO Julie Uhrman would not confirm Alibaba's investment, but did tell Engadget that the company has "been working with partners to bring our platform and games library to their devices." She said that Ouya is "live with Madcatz in the US and working with Xiaomi in China. There are a number of others in the works, with our focus outside the US because there is where we see the most opportunity and growth. Sometimes new markets leapfrog the established ones -- this may be one of those cases."
The Chinese government lifted its 14-year ban on foreign consoles and video games just over one year ago, issuing a new set of content restrictions for manufacturers this past April. Reports from December found that gaming revenues in the country grew 38 percent year-over-year. The other major console manufacturers are poised to enter the emerging market: While Sony delayed the launch of the PS4 in China earlier this month, Microsoft already reportedly sold over 100,000 Xbox One systems in its introductory week back in October. Nintendo revealed plans in May to approach emerging markets such as China with new hardware this year.
Posted:
Related Forum: Mobile Devices
Source: http://www.joystiq.com/2015/01/30/report-ouya-gets-10-million-investment-from-alibaba/
Related Articles
Comments
ProJimmyRustlerPosted:
HyBridZxDemonSurferTSA If they spend all there money on this it will still be a Wii at best. No way consumers are switching from the big consoles.
You mean "Wii" as in the best selling console ever? in the entire history of gaming? ever?
the playstation 2 is the best selling console with 155 million units sold, the wii has 101 million
That may be true, but the Wii was the fastest selling. PS2 had a much longer rein then the Wii. It also went through atleast 3 major model revisions.
Ichigo-KurosakiPosted:
DemonSurferTSA If they spend all there money on this it will still be a Wii at best. No way consumers are switching from the big consoles.
You mean "Wii" as in the best selling console ever? in the entire history of gaming? ever?
the playstation 2 is the best selling console with 155 million units sold, the wii has 101 million
CyberPunkPosted:
Ouya will most likely die yet again and be faded into history for MOST places, but within the asian markets i can see this being a really big thing.
DemonSurferPosted:
TSA If they spend all there money on this it will still be a Wii at best. No way consumers are switching from the big consoles.
You mean "Wii" as in the best selling console ever? in the entire history of gaming? ever?
goonbagPosted:
hahaha i was so confused when i saw the title because alibaba is kind of a take away resturant where i am
Latest Downloads
- 01. [EU] CARX DRIFT RACING ONLINE - PROGRESS SAVE 6 SP DUO (CUSA15633)(1)
- 02. Fallout Shelter Modded Save PC(0)
- 03. Remember Me: SaveGame (The Game done 100%)(0)
- 04. The Long Drive: SaveGame (American pickup)(0)
- 05. Goemon's Great Adventure (US / NTSC) - Nintendo 64 Game Save(1)
- 06. The Long Drive: SaveGame (blue VW Beetle)(0)
- 07. Deadly Creatures | Complete Savegame(0)
- 08. Driift Mania | 100% Savegame(0)
- 09. LostWinds: Winter of the Melodias | 100% Savegame(0)
- 10. Lost Winds | 100% Savegame(0)
- 11. Mega Man 10 | Savegame(0)
- 12. Mega Man 9 | Savegame(0)
- 13. LASTFIGHT Secret character unlocked(1)
- 14. PC Horizon Forbidden West Complete Save(14)
- 15. Castlevania: The Adventure ReBirth | 100% Savegame(0)
Latest Tutorials
- 01. The Redress Of Mira 100% Walkthrough | Trophy & Achievement(425)
- 02. Russian Pinocchio Quick Trophy Guide(521)
- 03. Venatrix Quick Trophy & Achievement Guide(480)
- 04. Call of the Sea 100% Platinum Walkthrough(628)
- 05. Wire Lips 100% Platinum Walkthrough(593)
- 06. The Expanse 100% Platinum Walkthrough | Trophy & Achievement(548)
- 07. Doctor Who: The Edge of Reality - PS4 Platinum P/Thru(468)
- 08. Doctor Who:The Lonely Assassins - 100% Guide(442)
- 09. DAYMARE 1998 PS4 - Full game 100% TROPHY WALKTHROUGH(402)
- 10. Stray Platinum Walkthrough | Trophy & Achievement Guide(424)
- 11. Raji: An Ancient Epic | Complete Gameplay Walkthrough(565)
- 12. Corpse Killer: 25th Anniversary Edition - Longplay(516)
- 13. Song of Horror: Complete Edition Gameplay Walkthrough(382)
- 14. Remoteness 100% All Trophies Walkthrough(527)
- 15. Detective Inspector Mysterious Clues Platinum Walkthrough(486)
"Report: Ouya gets $10 million investment from Alibaba" :: Login/Create an Account :: 31 comments