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Ourpalm to Buy 19% Stake in Korean Gaming Firm Webzen

Ourpalm, 3/08/16

Beijing-based mobile game developer Ourpalm (300315.SZ) recently announced that it will spend RMB 1.10 bln to purchase a 19.24% stake in South Korean game developer and operator Webzen, in order to support its overseas expansion strategy. Read More

Mobile Gaming Portal Joyme Wins Series C from Youku Tudou, Ourpalm

36Kr.com, 8/03/15

Beijing-based online entertainment company Lexiang Fangdeng (EnjoyFound), operator of mobile gaming web portal Joyme.com, has completed Series C funding from Chinese online video site operator Youku Tudou (NYSE: YOKU) and Beijing-based mobile game developer Ourpalm (300315.SZ). Read More

Ourpalm Injects USD 30 Mln into 'FingerFun' Gaming Subsidiary

Ourpalm, 10/16/14

Beijing-based mobile game developer Ourpalm (300315.SZ) has announced plans to inject an additional USD 30 mln into its Hong Kong-based mobile gaming subsidiary FingerFun. Read More

Rumor: Ourpalm to Acquire Game Developer MA Entertainment

TechWeb, 7/14/14

Yao Wenbin, chairman of Beijing-based mobile game developer Ourpalm (300315.SZ), has announced that the company halted trading of its shares on July 14 in preparation for the acquisition of an unnamed mobile gaming company. Read More

Ourpalm to Invest RMB 20 Mln in VC Fund

Sina Tech, 4/16/14

Beijing-based mobile game developer Ourpalm (300315.SZ) has issued a notice stating its plans to invest RMB 20 mln in Shanghai-based early stage investment fund Guanrun Venture Capital, becoming a limited partner of the fund. Read More

CSRC Conditionally Approves 4 Gaming Company Acquisitions

Sfw.cn, 2/27/14

The China Securities Regulatory Commission (CSRC) recently announced conditional approval of gaming company-related acquisition plans from four companies, including mobile game developer Ourpalm (300315.SZ), Fuzhou-based umbrella manufacturer Susino (002174.SZ), Chinese telecom equipment manufacturer Datang Telecom (600198.SH), and Guangdong-based animation company Alpha Animation and Culture (002292.SZ). Read More

Ourpalm to Acquire Playcrab, Shangyou

National Business Daily, 10/16/13

Beijing-based mobile game developer Ourpalm (300315.SZ) released an official statement today announcing that the company plans to purchase a 100% stake in Beijing-based game developer Playcrab Technology for RMB 1.74 bln. Read More

Ourpalm H1 2013 Profit Up 41% YoY

Shenzhen Stock Exchange, 8/23/13

Beijing-based mobile game developer Ourpalm (300315.SZ) has announced its financial results for the six months ended June 30, 2012. Read More

Rumor: China Unicom to Support In-Game Purchase Via Call Credit

China Securities Journal, 8/15/13

A representative from China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has announced at the 2013 China Internet Conference, held in Beijing from August 13 to 15, that the company will launch a new service allowing users to purchase in-game virtual items with calling credit at the end of August. Read More

Longmaster Takes 35% Stake in Mobile Gaming Company

Shenzhen Stock Exchange, 8/06/13

In an official disclosure, Guiyang-based telecom value-added services and online entertainment provider Longmaster Information & Technology (300288.SZ) announced yesterday that the company has purchased a 35% stake in Beijing-based mobile game developer and operator Beijing Mengcheng Interactive Technology from Lv Shifeng for a total consideration of RMB 3 mln. Read More