Microsoft: Long-Term Profits From China's 24.4 Billion Games Industry

China is emerging as the biggest market for video games. It is, therefore, great news to investors of Microsoft (NASDAQ:MSFT) that its subsidiary Mojang has stuck a deal with NetEase (NASDAQ:NTES). Mojang granted a 5-year exclusive license to NetEase to distribute the mobile and PC versions of its cult hit game, Minecraft. Mojang will create a China-specific version of Minecraft for NetEase. Microsoft paid 2.5 billion to acquire Mojang in 2014.