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Chinese game developer Kingnet Network invests nearly $300 million to join $684 million Wemade takeover, becoming its largest shareholder and strategic partner for China expansion
Chinese game developer Kingnet Network is investing nearly $300 million to join the consortium set to become Wemade’s largest shareholder, turning a former legal adversary into a strategic partner for expanding the Korean game publisher’s business in China. The move is expected to bring together the two companies — Wemade and Kingnet —that have spent years embroiled in legal disputes over Wemade’s flagship IP of The Legend of Mir.
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Source：Korea Herald商业 · Source Link
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