In addition to export business, Perfect World has also established a global R&D, distribution and operation system. In the United States, the company established Perfect World Entertainment Inc, a wholly-owned subsidiary of the United States, in 2008, and acquired game developers Runic Games, Inc and Cryptic Studios, Inc on 20 10 and 201respectively. In Europe, the company established its wholly-owned subsidiary Perfect World Europe B.V on 20 10. In Asia, Perfect World successively set up wholly-owned subsidiaries in Hongkong, Taiwan Province Province, Malaysia, Thailand and Singapore, and acquired Cmedia Co., Ltd., a subsidiary of Japanese game development, distribution and distribution company C & Perfect World Korea Co., Ltd., which was established in Korea in cooperation with Nexon Korea Company, and acquired it as its wholly-owned subsidiary on 20 12. At present, Perfect World has 20 subsidiaries overseas. Today, the business development department of the company has deployed corresponding procurement teams around the world, which has helped Perfect World realize the global cooperation of IP procurement, R&D, distribution and operation resources, and established a three-dimensional strategic layout for cross-regional project implementation.