20.06.2017

Tencent has invested $72 million in mobile developer Ourpalm

The Chinese corporation Tencent has invested $ 71.7 million dollars in the Beijing developer of mobile and browser games Ourpalm.

The deal secured Tencent ownership of 2% of the company’s shares.

Ourpalm is considered a successful player in the Chinese gaming market. The studio employs 2 thousand employees, and the game portfolio has more than 200 titles.

Over the previous two months, Tencent acquired a minority stake in the Chinese developer Seasun Games for $142.6 million, invested $90 million in the California studio Pocket Gems and announced its readiness to buy the Finnish company Rovio for $ 3 billion.

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