Category Archives: Online Gaming

The 9th City: A net loss of $ 45.7 million in second half of 2012

According to the Tencent News, on April 18, the 9th City (Nasdaq securities code: NCTY, hereinafter referred to as “The9”) today released the third quarter and fourth quarter of 3012 financial reports. The report showed a net revenue of 51 million yuan (about 8.2 million U.S. dollars), down 51% from net revenue of 103.4 million yuan (about 16.6 million U.S. dollars) in the first half of 2012, fell by 7% compared to the same period of the previous year.