The Zhitong Finance App learned that Dream World (01119) rose by more than 10%. As of press release, it had risen 9.09% to HK$2.52, with a turnover of HK$36.454 million.
According to the news, on March 6, the company signed a memorandum of understanding on strategic cooperation with the Saudi Cloud Computing Company (SCCC). Based on their respective advantages, the two sides will deepen cooperation in the field of games and e-sports to jointly lay out the Saudi gaming market. According to the memorandum, SCCC will provide nationwide network performance optimization for Dream World through its leading cloud infrastructure advantages to provide the best user experience and game performance, and help the latter distribute and operate games such as “Kalapicchu” in Saudi Arabia.
On February 1 of this year, the two-dimensional tactical shooter “Carapicchu” developed by the company officially began public beta. The company previously mentioned in the 2023 interim results conference that “Carapicchu” had an average daily online time of more than 120 minutes, an ARPPU of more than 200 yuan, and an average weekly active user base of over 700,000 after it went live for a month. SPDB International previously stated that with the gradual improvement of new game products, the company's cash flow will improve drastically in 2024.