Perfect World May Go Private As Founder Submits Bid To Buyout Shares

By Jason Winter, News Editor Posted: January 5, 2015

Perfect World may be making a move toward becoming a private company. As reported by GamesIndustry, the company's founder, Michael Yufeng Chi, has submitted a proposal to acquire all "outstanding shares...not currently owned by him [Chi]." The proposal will be examined by three independent directors and resolved sometime early in the coming year.

What would this mean for Perfect World and its games? That's highly open to speculation, and shouldn't automatically be considered a bad thing (or a good thing). Considering the lackluster quarter PWE had recently, a little bit of restructuring might be in order. Here's hoping it doesn't negatively impact its games or the people who work for them.

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In this article: Champions Online, Star Trek Online, Neverwinter, Perfect World.

About the Author

Jason Winter, News Editor

Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.

More Stories by Jason Winter

Adam 10 years ago

Lemmings ... all of you. Grow up.

Lonetimegamer 10 years ago

I doubt any major changes take place. the company runs the same and shareholders may make suggestions but only the CEO can decide changes.

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KIKO 10 years ago

Dear Private Company who is gonna buy PWE and its games
make the game more interesting and more pvp (forsaken world)
k thnx

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Anon 10 years ago

Perfect World has a lot of potential, their game line up is great but their cash shop policies are questionable. I doubt that will change any time soon since it's a cultural thing, Asian MMO's tend to lean towards pay to win games from what I understand..

Kieralie 10 years ago

While this may be wishful thinking, I really do hope that if this does go through that they give their games a little more attention and perhaps become less p2w. (I'm looking at you Swordsman Online.)

Shanex 10 years ago

If they become private, I could see a possible rework of their games (for better or worse) about how they do cash shops and subs.
Just maybe........we can see some hope for their games, to be not so p2w or p2p.

EdmondDantes 10 years ago

I hope PERFECT WORLD will be Ok with this and mouve on.In my opinion PERFECT WORLD make the best free to play game always PERFECT 9( this is just my opinion )and BLIZARD should learn from this guys

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