Nasdaq: CYOU | |
Genre | Massively multiplayer online games |
Predecessor | An online games unit of Sohu |
Founded | August 6, 2007 [1] |
Headquarters | |
Parent | Sohu |
Website | changyou.com |
Changyou.com | |||||||
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Simplified Chinese | 北京畅游时代数码技术有限公司 | ||||||
Literal meaning | Beijing "Swim Generation" Digital Technology Co Ltd | ||||||
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Changyou.com Ltd. operates online games,primarily massively multiplayer online games,in China. [2] Originally a division of Chinese Internet company Sohu,Changyou was spun off and went public in 2009 through a variable interest entity (VIE) structure based in the Cayman Islands. [3] The company claims it was operating independently of Sohu as early as 2007. [4]
Some of its games derive revenue from the sale of virtual goods, [5] and many are licensed rather than developed in-house. [6] Such deals have helped its roster of MMORPGs swell from two in 2009 [7] to nearly a dozen as of 2014. [8]
c. 2009,its most popular game may have been the MMO Tian Long Ba Bu (Chinese :天龙八部), [9] which translated means "Novel of Eight Demigods". [4] Some games in its portfolio are available to play outside of China in countries including Malaysia,Taiwan,Thailand,the United States, [10] and Vietnam.
In 2011,the company purchased nearly 70% of a browser games maker,7Road. [11]
In 2020,the company was acquired by Sohu and all Changyou.com stock was delisted from NASDAQ. [12]
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Our MMOG business began operations as a business unit within the Sohu Group in 2003, before our carve-out as a separate, stand-alone company in December 2007 and subsequent listing on the NASDAQ Global Select Market in April 2009.