Shenzhen-based 3D user-generated content platform, XVERSE has raised US$120 million funding in its Series A and A+ round led by Sequoia Capital China along with participation from new investors Temasek Holdings and CPE. The funding round was also joined by existing investors 5Y Capital, Gaorong Capital, and GL Ventures. Gaorong Capital also led XVERSE’s Series […]

Chinese gaming company NetEase Inc. has recently invested in a game developer firm Kepler Interactive. The game developer company is co-owned and run by developers. The group consists of seven gaming companies including Sloclap and Alpha Channel, which plans to offer game studio founders to become co-owners, share financial gains and resources, while managing their […]

India-based online gaming startup, MPL has raised undisclosed funding from investors led by Legatum Capital with participation from Gaingels LLC and Accrete Capital. The funding round also saw participation from existing investors RTP Global and Moore Strategic Ventures LLC. MPL will be using the fresh infusion of funds for its global expansion, drive continued growth […]

Reorg, a financial media and technology company, has announced that it has acquired Dai1 Media, a subscription-based provider of news, insights and analysis regarding China.

Jingle Magic is an education tech startup based in China, Beijing. Established in the year 2016, the company is mainly involved in the development of Augmented Reality (AR), Virtual Reality (VR), and Artificial Intelligence (AI)-based educational equipment and software. Jingle Magic is recognized as one of the biggest AR/VR/AI and 3D Internet education platform provider […]