OpenFeint, the comprehensive mobile social gaming platform from Aurora Feint, is teaming up with its recent investor and Chinese gaming company The9 on a joint initiative to bring game developers to the Android platform. Basically, OpenFeint and The9 will be using the $100 million Fund9, a Chinese-based mobile internet development fund, to fund game developers.
As we’ve written in the past… → Read More
The9, a Chinese online game operator and developer, this morning announced that it has entered into a memorandum of understanding with three investors – Chengwei Ventures, ChinaRock Capital Management and China Renaissance K2 Ventures – for the establishment of an investment fund with a total size of $100 million.
The fund, dubbed Fund9, will focus on investments in both Chinese and overseas… → Read More
With the move, the Chinese online gaming company says it is beginning to shape its global strategy. For Red 5, the additional capital means more means and potential users for the game(s) that they’re currently developing and extra resources to… → Read More