The9 Limited, together with its subsidiaries, operates as an Internet company in the People's Republic of China. The company primarily focuses on developing cryptocurrencies mining business. It also operates and develops proprietary or licensed online games, primarily mobile games and TV games. The company was formerly known as GameNow.net Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.
IPO Year: 2004
Exchange: NASDAQ
Website: the9.com
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SINGAPORE, Sept. 11, 2025 /PRNewswire/ -- 9BIT Foundation, a private foundation established in Panama, today released $9BIT whitepaper. The9 Limited (NASDAQ:NCTY) ("The9") will be distributed 19% of the $9BIT token supply for its contribution to $9BIT ecosystem. The9's next-generation Web3.5 gaming platform the9bit will reward gamers with $9BIT tokens, turning everyday gamers actions into real value. According to the whitepaper, $9BIT tokens are expected to be listed on at least one leading crypto exchange before December 31, 2025. This comprehensive whitepaper outlines the $9BIT token's utility, allocation, and role in powering a sustainable, community-driven ecosystem, marking a key step
SINGAPORE, Sept. 8, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) today announced that the9bit, its innovative Web3.5 GameFi platform, has surpassed 2 million users since its August 2025 launch. This milestone, driven by recent events like Coinfest Asia 2025, highlights the platform's ability to bridging Web2 gaming with Web3 rewards (Web3.5), turning everyday player actions into real value. In just over a month, the9bit doubled its user base to 2 million milestone, fueled largely by its strong appeal among Southeast Asian gamers. The platform's unique "Spaces", incentivizes users for purchasing and playing games including AAA IP console games and mobile titles, and creating content. At C
Singapore, Sept. 05, 2025 (GLOBE NEWSWIRE) -- the9bit, an innovative gaming platform backed by The9 Limited (NASDAQ:NCTY), has concluded its $1 Million August Fiesta campaign, awarding $180,000 in the grand finale airdrop to 3 winners. Running throughout August 2025, the event marked the platform's global launch and celebrated its rapid growth, distributing $1 million in total prizes across three phases to reward active gamers and creators. The campaign was designed to transform everyday gaming habits into rewarding opportunities. Phase 1 (August 1–15) distributed $100,000, Phase 2 (August 16–20) delivered $400,000, and the final Phase 3 (August 24–31) closed the event with $600,000.
SINGAPORE, Aug. 27, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) today announced that the9bit, The9 GameFi platform that turns game purchase into rewarding experiences, has surpassed 1 million users in less than one month since its launch. Quote from Martin Hoon, Head of Web3, The9 Limited "We extend sincere thanks to its users for their continued support, which has been key to this rapid success. the9bit focuses on Web2 game players and rewards them are through Web3. We will send out the solid Web3 rewards to game players very soon. It is a perfect combination of game, player and finance. It is the beginning of our brand new Web3.5 spirit disrupting the traditional web2 gaming." About t
Singapore, Aug. 01, 2025 (GLOBE NEWSWIRE) -- The9 Limited (NASDAQ:NCTY) ("The9") today announced that its wholly-owned Hong Kong subsidiary Vast Ocean International Limited, which operates the9bit, a next-generation gaming hub combining gameplay, top-ups, creator rewards, and community spaces, has entered into a strategic partnership with Yield Guild Games (YGG) — the world's largest and first Web3 gaming guild. The collaboration aims to help millions of gamers around the world earn real rewards while playing, topping up, and creating content on the9bit. The partnership will officially kick off as the9bit prepares to launch its full platform globally on 1 August 2025. YGG is known for
SINGAPORE, Aug. 1, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9") today announced that its wholly-owned Hong Kong subsidiary Vast Ocean International Limited, which operates the9bit, a next-generation gaming hub combining gameplay, top-ups, creator rewards, and community spaces, has entered into a strategic partnership with Yield Guild Games (YGG) — the world's largest and first Web3 gaming guild. The collaboration aims to help millions of gamers around the world earn real rewards while playing, topping up, and creating content on the9bit. The partnership will officially kick off as the9bit prepares to launch its full platform globally on August 1, 2025. YGG is known for pioneerin
SINGAPORE, March 31, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) (hereinafter referred to as "The9"), an established Internet company, announced today that it has signed private placement agreements with industry-leading cryptocurrency investment funds Elune Capital, Fine Vision Fund and Bripheno Pte. Ltd. (hereinafter collectively referred to as "the Investors"). Pursuant to the agreement, the Investors will invest US$8 million in The9. The9 will issue Class A common shares to the Investors with share price equal to the average closing price of the 30 consecutive trading days before the signing of the agreements. The shares issued are subject to statutory lock-up period. The9 will esta
Joint Venture Partner Committed Annual Profit of RMB80 Million and 50% Annual Growth SHANGHAI, Feb. 21, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed a Joint Venture agreement (hereinafter referred to as the "Agreement") with Chengdu Qing Cheng Network Science and Technology Co., Ltd. (hereinafter referred to as "Qing Cheng"), a leading mobile game operation and distribution company focusing on serving gamers in China's sinking market. The9 will hold a 51% stake and Qing Cheng will hold a 49% stake in the Joint Venture. The Joint Venture will be
Joint Venture Partner Committed Annual Profit of RMB20 Million and 50% Annual Growth SHANGHAI, Dec. 16, 2024 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed a Joint Venture agreement (hereinafter referred to as the "Agreement") with Shenzhen JiTuo Interactive Technology Co., Ltd. (hereinafter referred to as "JiTuo"), an AI algorithms mobile advertising company in China. JiTuo is a game development partner with AppLovin Corporation (NASDAQ:APP) in China. It is also an agency partner for Apple Search Ads in China. The9 will hold a 51% stake and JiTuo wil
SHANGHAI, Dec. 6, 2024 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed an amendment agreement to joint venture agreement (hereinafter referred to as the "Agreement") with its joint venture partner Zhejiang Huanyu Network Technology Co., Ltd. (hereinafter referred to as "Huanyu"), a Chinese game development and operation company. Huanyu originally committed that the Joint Venture will have game revenues of at least RMB600 million and a profit of RMB200 million in 2025. Based on the Agreement, Huanyu increased its commitment that the Joint Venture will ha
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Joint Venture Partner Committed Annual Profit of RMB80 Million and 50% Annual Growth SHANGHAI, Feb. 21, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed a Joint Venture agreement (hereinafter referred to as the "Agreement") with Chengdu Qing Cheng Network Science and Technology Co., Ltd. (hereinafter referred to as "Qing Cheng"), a leading mobile game operation and distribution company focusing on serving gamers in China's sinking market. The9 will hold a 51% stake and Qing Cheng will hold a 49% stake in the Joint Venture. The Joint Venture will be
Joint Venture Partner Committed Annual Profit of RMB20 Million and 50% Annual Growth SHANGHAI, Dec. 16, 2024 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed a Joint Venture agreement (hereinafter referred to as the "Agreement") with Shenzhen JiTuo Interactive Technology Co., Ltd. (hereinafter referred to as "JiTuo"), an AI algorithms mobile advertising company in China. JiTuo is a game development partner with AppLovin Corporation (NASDAQ:APP) in China. It is also an agency partner for Apple Search Ads in China. The9 will hold a 51% stake and JiTuo wil
SHANGHAI, Dec. 6, 2024 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed an amendment agreement to joint venture agreement (hereinafter referred to as the "Agreement") with its joint venture partner Zhejiang Huanyu Network Technology Co., Ltd. (hereinafter referred to as "Huanyu"), a Chinese game development and operation company. Huanyu originally committed that the Joint Venture will have game revenues of at least RMB600 million and a profit of RMB200 million in 2025. Based on the Agreement, Huanyu increased its commitment that the Joint Venture will ha
Joint Venture Partner Committed Annual Profit of RMB100 Million in 2025 SHANGHAI, Oct. 9, 2024 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed a joint venture agreement (hereinafter referred to as the "Agreement") with ShaoXing TongZe Network Technology Co., Ltd. (hereinafter referred to as "TongZe"), an AI algorithms and big data marketing service provider in China. The9 will hold a 51% stake and TongZe will hold a 49% stake in the Joint Venture. The Joint Venture will become one of The9's consolidated subsidiaries to operate AI algorithms and big data
SHANGHAI, Aug. 23, 2024 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed a joint venture agreement (hereinafter referred to as the "Agreement") with Zhejiang Huanyu Network Technology Co., Ltd. (hereinafter referred to as "Huanyu"), a Chinese game development and operation company. The Joint Venture will become one of The9's consolidated subsidiaries to operate the mobile and PC versions of the new MIR game: MIR M, in which The9 holds a 51% stake and Huanyu holds a 49% stake. Pursuant to the Agreement, Huanyu promised to guide its existing MIR and relat
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SINGAPORE, Sept. 11, 2025 /PRNewswire/ -- 9BIT Foundation, a private foundation established in Panama, today released $9BIT whitepaper. The9 Limited (NASDAQ:NCTY) ("The9") will be distributed 19% of the $9BIT token supply for its contribution to $9BIT ecosystem. The9's next-generation Web3.5 gaming platform the9bit will reward gamers with $9BIT tokens, turning everyday gamers actions into real value. According to the whitepaper, $9BIT tokens are expected to be listed on at least one leading crypto exchange before December 31, 2025. This comprehensive whitepaper outlines the $9BIT token's utility, allocation, and role in powering a sustainable, community-driven ecosystem, marking a key step
SINGAPORE, Sept. 8, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) today announced that the9bit, its innovative Web3.5 GameFi platform, has surpassed 2 million users since its August 2025 launch. This milestone, driven by recent events like Coinfest Asia 2025, highlights the platform's ability to bridging Web2 gaming with Web3 rewards (Web3.5), turning everyday player actions into real value. In just over a month, the9bit doubled its user base to 2 million milestone, fueled largely by its strong appeal among Southeast Asian gamers. The platform's unique "Spaces", incentivizes users for purchasing and playing games including AAA IP console games and mobile titles, and creating content. At C
SINGAPORE, Aug. 27, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) today announced that the9bit, The9 GameFi platform that turns game purchase into rewarding experiences, has surpassed 1 million users in less than one month since its launch. Quote from Martin Hoon, Head of Web3, The9 Limited "We extend sincere thanks to its users for their continued support, which has been key to this rapid success. the9bit focuses on Web2 game players and rewards them are through Web3. We will send out the solid Web3 rewards to game players very soon. It is a perfect combination of game, player and finance. It is the beginning of our brand new Web3.5 spirit disrupting the traditional web2 gaming." About t
Singapore, Aug. 01, 2025 (GLOBE NEWSWIRE) -- The9 Limited (NASDAQ:NCTY) ("The9") today announced that its wholly-owned Hong Kong subsidiary Vast Ocean International Limited, which operates the9bit, a next-generation gaming hub combining gameplay, top-ups, creator rewards, and community spaces, has entered into a strategic partnership with Yield Guild Games (YGG) — the world's largest and first Web3 gaming guild. The collaboration aims to help millions of gamers around the world earn real rewards while playing, topping up, and creating content on the9bit. The partnership will officially kick off as the9bit prepares to launch its full platform globally on 1 August 2025. YGG is known for
SINGAPORE, Aug. 1, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9") today announced that its wholly-owned Hong Kong subsidiary Vast Ocean International Limited, which operates the9bit, a next-generation gaming hub combining gameplay, top-ups, creator rewards, and community spaces, has entered into a strategic partnership with Yield Guild Games (YGG) — the world's largest and first Web3 gaming guild. The collaboration aims to help millions of gamers around the world earn real rewards while playing, topping up, and creating content on the9bit. The partnership will officially kick off as the9bit prepares to launch its full platform globally on August 1, 2025. YGG is known for pioneerin
SINGAPORE, March 31, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) (hereinafter referred to as "The9"), an established Internet company, announced today that it has signed private placement agreements with industry-leading cryptocurrency investment funds Elune Capital, Fine Vision Fund and Bripheno Pte. Ltd. (hereinafter collectively referred to as "the Investors"). Pursuant to the agreement, the Investors will invest US$8 million in The9. The9 will issue Class A common shares to the Investors with share price equal to the average closing price of the 30 consecutive trading days before the signing of the agreements. The shares issued are subject to statutory lock-up period. The9 will esta
DDC Enterprise, Ltd. (NYSEAM:DDC), ("DayDayCook," "DDC," or the "Company"), a leading multi-brand Asian consumer food company, today announced that it has appointed George Lai as an independent member of the Board of Directors. George was also appointed to serve on each Committee of the Board of Directors, including the Audit Committee where he will serve as the designated financial expert and Chair. George replaces Ms. Wei Qiao who resigned from the Board on November 30, 2024. "George brings a strong background in finance and accounting to our Board, with his CFO and Board experience with other public companies," commented Norma Chu, CEO and Chair of the Board of Directors. "George's ins
SHANGHAI, March 15, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced the appointment of Mr. Wang Wei as the Vice President of NBTC Limited (hereinafter referred to as "NBTC"), a wholly-owned subsidiary of The9. Mr. Wang will lead the global operation and management of the cryptocurrencies mining machines in NBTC. Mr. Wang is an early pioneer in the blockchain industry. Before joining The9, he served as the head of Canaan Technology's technical service center, leading the team responsible for the maintenance and after-sales service of hundreds of thousands of mining machines. At the same time, Mr. Wang's team assisted customers in bui
SHANGHAI, Feb. 26, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced the appointment of Cai Zhifang as the Chief Executive Officer of NBTC Limited (hereinafter referred to as "NBTC"), a wholly-owned subsidiary of The9, to lead the development of blockchain and cryptocurrency business in NBTC. Mr. Cai has been on board. Mr. Cai is an early pioneer in the blockchain industry. In 2013, Mr. Cai co-founded YiBit Digital Technology Company Limited, one of the earliest integrated platforms in blockchain industry in China. In 2015, Mr. Cai served as the general manager of WeiTui Technology Limited Company, which self-operated Bitcoin mining