If there’s any sign that China’s game market is frothy, this is it. The film company Huayi Brothers Media Corp. has invested $288 million for a 20 percent stake in China’s Hero Entertainment mobile game company. Hero Entertainment debuted in June 2015 from founder Shuling Ying. Investors at the time included venture capital firms Sequoia Capital and […]
Huayi Brothers invest $288 million in China's Hero Entertainment mobile game company
Venture Beat - 14 Sep 2016 22:00
If there’s any sign that China’s game market is frothy, this is it. The film company Huayi Brothers Media Corp. has invested $288 million for a 20 percent stake in China’s Hero Entertainment mobile game company. Hero Entertainment debuted in June 2015 from founder Shuling Ying. Investors at the time included venture capital firms Sequoia Capital and […]
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