Virtual Worlds News: Virtual Goods = Big Business $$$

June 20, 2007

Virtual Goods = Big Business $$$

Venture Capitalist Susan Wu has posted some virtual transactions numbers:

- Neopets users have created over 206 million virtual pets
- Tencent has over 250 million active users in China and generated $100+ million in Q1 2007, 65% of their revenue comes from virtual goods and services
- Nexon generated $230 million in 2005, 85% of which came from virtual item sales
- Habbo Hotel has over 75 million registered avatars in 29 countries, 90% of their $60 million+ yearly revenue comes from virtual goods
- Gaia Online does over 50,000 person to person auctions a day - making them the 3rd largest auction site on the Internet. Their average user consumes 1200 page views a month.

She's hosting the Virtual Goods Summit on Friday. VirtualWorldsNews.com will be there to provide coverage. More details from Susan here too.

Posted at 03:39 PM in Research | Permalink

Technorati Tags: Susan Wu, Virtual Goods

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341cac2153ef00e00983c97c8833

Listed below are links to weblogs that reference Virtual Goods = Big Business $$$:

Comments

Verify your Comment

Previewing your Comment

Posted by: |

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:

Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.