Friday, 1 August 2014

Alibaba forays into gaming by investing US$120M in Kabam

The*investment will net the internet giant*a seat on Kabam’s board and the rights to publish its mobile games in China Alibaba has invested US$120 million in San Francisco-based*Kabam (via Wall Street Journal), a game studio that is focussed on the free-to-play market for core gamers. This enables the Chinese company to have a seat on Read the full article...



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