Eric Johnson

Recent Posts by Eric Johnson

Chinese Mobile Games Publisher Chukong Technologies Raises $50 Million Series D

Chukong Technologies, the parent company of mobile games publishing brands Coco and CocoaChina, has raised $50 million in new funding, the company announced today in a press release. That brings its total funding to date to $83 million. This round was led by P.E. fund New Horizon Capital with participation from some of Chukong’s existing investors. The $50 million will support Chukong’s international game publishing and localization efforts, as well as its free Cocos2D-x game engine, which is used by seven of the 10 top-grossing game devs in China.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work