In hand tour announced and Korea travel company reached a subscription agreement to become the third largest shareholder

Source: Internet
Author: User
Keywords Mobile games Internet games
Tags based company convertible customized entertainment game game company games

November 25, the Chinese hand tour issued a notice, with the Korean game company InPlay Interactive reached a convertible priority shares subscription agreement. Under the agreement, the InPlay will become the third largest shareholder.

The announcement said the strategic positioning of the partnership is to build a system of customized games for Asia, including the major games based on the IP of Warner Bros. Entertainment Limited, and to be published in the Chinese market. In December 2011, InPlay received Warner Bros. Entertainment Capital and became its single largest shareholder. InPlay recent IP products such as "alloy warheads" and so on.

The Korean game market is attracting more and more Chinese gaming companies to invest. Kotra the latest data show that by the end of June 2013, South Korea attracted a total of 5.718 billion U.S. dollars in Chinese capital, the number of Chinese enterprises into South Korea also reached 2002. Only November this year, there have been two consecutive Chinese game companies in Korea investment. November 14, Tencent and line jointly with South Korea's game studio 4:33 Creative Lab made a 110 million dollar investment, accounting for 25% shares.

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.