The first video announced 168 million yuan to buy mobile phone game manufacturers
Source: Internet
Author: User
KeywordsAcquisitions mobile games Chinasatcomjoyce
NetEase technology News October 12, the first video group issued a notice yesterday evening, announced that will buy mobile phone game maker Dragon Joyce Group 70% Stake. The announcement disclosed that the total cost of the acquisition is RMB 168 million, the first video will be 40 million Hong Kong dollars in cash and the issue of 100,789,333 shares in the way to pay. The first video in the bulletin said that the acquisition will bring more synergies and opportunities for both sides, the first video that Dragon Joyce focus on low-cost domestic brand mobile phone market, its users through the communications media may become a timely way to buy color products lottery fans, so Dragon Joyce with its business in a strategic way. Time color is the first video in July 2009 launched a kind of fast-open welfare lottery. The first video launched in April 2009 for mobile phone users to buy color services, by the Heilongjiang Lottery Center and chinasatcom recognition and cooperation. August 10, the first video of the announcement announced that its new business "Always Color" lottery live video and mobile phone sales one months, registered users have rapidly increased to more than 500,000. (Liu Wei)
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