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Shanda Games' Actozsoft Invests KRW 10 Bln in Kakao Games

Sina Tech, 4/02/18

Chinese online game developer and operator Shanda Games announced today that its South Korean subsidiary Actozsoft has invested KRW 10 bln (roughly RMB 59.13 mln) in Kakao Games, the independent gaming unit of Korean messaging giant Kakao. Read More

Shiji Tiancheng Licenses Mobile Game 'FantasyxRunners'

Tencent Games, 4/03/14

Shanghai-based online game developer and operator Shiji Tiancheng announced today that the company has obtained the exclusive operating rights for mobile running game FantasyxRunners in China. Read More

Tencent Acquires Stake in Korea's Kakao

Netease Tech, 5/17/12

Tencent (0700.HK) has disclosed that on April 15 it acquired 13.84% of South Korean mobile application developer Kakao for RMB 403 mln in cash, purchasing 3.6 mln shares of preferred stock in Kakao. Read More