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.
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Source: http://www.joystiq.com/2015/01/30/report-ouya-gets-10-million-investment-from-alibaba/
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DeluxeHazardPosted:
I haven't heard about the Ouya in such a long time. I still don't believe this console will be that popular.
PryzelPosted:
Wow, I thought the Ouya was dead and buried, nice to see it making a come back, it has potential in my opinion.
EarnPosted:
Lets hope this turns out good for them, this is the first time I've ever heard of this "micro-console" so I really do hope it turns out good since it seems pretty cool. I doubt it will be as big as the Xbox and Playstation.
BlGPosted:
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.
SwiftPosted:
I really want this to survive. I probably will end up buying one in the next couple months. the videos I've seen of it playing games are really good in my opinion.
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