RuneScape creator Jagex is now part of a new Chinese games company

Jagex, the developer behind the browser-based massively multiplayer online role-playing game RuneScape, announced today that it took a “pivotal role” in the creation of a new Chinese games company, Zhongji Holding.

And why not? China is one of the biggest and fastest-growing gaming markets in the world. Asian games market intelligence group Niko Partners expects digital games revenue to reach $20.4 billion by 2020, and it expects its mobile game market to reach $8.3 billion in 2017. Jagex has been a successful company thanks to its long-running support of RuneScape, and now it can use that expertise to take advantage of a new market.

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Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.