according to, alibaba has a $120 million investment famous American game developer Kabam. At present, the eight-year-old company valuation of more than $1 billion. Kabam, commitment to the company the next three years will use alibaba’s distribution channels, with at least 10 games. In addition, including “the kingdom of king of a twenty-five-stringed plucked instrument”, “dragon of Atlantis” and other popular games, games will log in ali platform.
news from domestic media, said investment Kabam also includes 360 and boring technology. So far, ali did not respond to the reports, etc.
Kabam is a massively multiplayer social game development company, is a frequent visitor to The top ten us iPhone, its work including The famous “king Arthur” (Kingdoms of Camelot), “The Hobbit: Middle earth king” (The Hobbit: Kingdoms of Middle – earth), as well as The racing game “fast and furious 6” and other works. The “kingdom of king of a twenty-five-stringed plucked instrument” and “the hobbit: middle earth king” often row within the top 20 us iPhone, monthly water nearly $twenty million, the company’s other products issued monthly income also in millions of us dollars or more, the whole month than water.
what’s interesting is that with the approaching of the ali IPO, news about the electricity giant investment in mergers and acquisitions at home and abroad is becoming more and more frequent. Yesterday, several foreign science and technology media reported that alibaba invested in social application Snapchat burn after reading. The latter’s valuation of more than $10 billion, and tencent are showing great interest on it.
apparently, ali and tencent’s war had been thoroughly trigger. “Double horse” giant, in a taxi, online shopping, the snipers and action in the field of game three will continue.