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IP E Game Ventures Inc. Company Profile

IP E Game Ventures Inc (E-Games) is IP Ventures Inc.'s online gaming business unit. It is the only publicly listed online gaming company on the Philippine Stock Exchange (PSE; EG). In 2011, E-Games acquired a 75% stake in Digital Paradise, Inc. (Netopia), the operator of the most prominent brand of Internet Cafes in the Philippines, In March of 2012, E-Games merged its on-line games business with Level Up! Inc. creating the largest gaming company in the country with an estimated 70% market share.
IP E Games Logo
IP E-games logo

As part of E Games' business diversification program, in the earlier part of 2012, the Company amended its primary purpose to include food and beverage, entertainment, hotels, and leisure. The change in primary purpose was one of the steps taken by the Company in preparation for entering into new businesses that look to capitalize on the expected increase in tourism in the country. I line with this strategy, EG, through wholly owned subsidiary RAN On-Line, acquired approximately 36,000 square meters of property in the Cagayan Ecozone, where the largest casino complex in the Cagayan Ecozone is located. In order to embark on these projects, the company will look to raise funds via private placement, public offering, debt, and/or sale of non-core assets.

Company Highlights

Game publishing
  • Game publishing business (partnership with Level Up) has an estimated 70% market share.
  • Over 5 million active users
  • Over 230,000 concurrent users
  • Over 8,000 i-cafe partners
  • Publishes the top 5 most played on-line games
Internet cafes
  • Majority owner in Top 2 internet cafe chains (Netopia and Cybr)
  • 80+ internet cafes
  • Over 4,000 workstations
Key Partnerships

Media Partnerships

GMA New Media Inc.

GMA logo

GMA New Media, Inc. is the digital arm of GMA Network Inc. (PSE: GMA7),the leading broadcasting company in the Philippines

The Philippine Star Group

Philippine Star logo

The Philippine Star is the number one broadsheet in the country.
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"IP E Game Ventures Inc. Company Profile" was written by Mary under the Business category. It has been read 3677 times and generated 1 comments. The article was created on and updated on 20 July 2012.
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