The Digital Source For China's Tech Innovation Since 2000

Search
Close

Linktone Invests In Mobile Game Developer

January 19, 2006
Internet

Linktone (LTON) says it completed a strategic investment in Ojava Overseas Limited on January 18, 2006.

Linktone will initially pay approximately US$1.8 million in cash for a 51% equity interest in Ojava. Linktone will also make a further payment of approximately US$1.6 million upon the fulfillment of certain operating conditions.

Ojava is a mobile game developer and game publisher in China.

Founded in 2004, Ojava has built an experienced mobile game development team and is well-known for publishing original in-house Role-Playing Games (RPG) games based on Chinese historical backgrounds and traditional stories.

Additionally, Ojava has differentiated itself by producing episode-based RPG games that creates company branding and promotes consumer stickiness. Ojava's games have consistently been ranked among the top RPG games offered to subscribers using China Mobile services in terms of downloads and revenues per game.

Linktone also has an option to purchase the remaining 49% interest in Ojava based on Ojava's achievement of agreed performance objectives.

Tags: branding | cash | China | China Mobile | Chinese | consumer | developer | development | game | game developer | game development | game publisher | games | investment | IT | Linktone | LTON | mobile | mobile game | overseas | payment | performance | publisher | publishing

Other Related News:

A BYD car caught fire while charging in Haidian, Beijing Explosion New Energy Vehicles Electric Vehicles

November 27, 2021

Xi sends congratulatory letter to World Internet Conference Article

September 27, 2021

New Online Experience lets Users Virtually Walk the Great Wall of China

October 15, 2021

Op-Ed: China accuses Australia of nuclear proliferation, missing the point entirely

July 22, 2022

Citizens take to streets questioning China govt's Zero-COVID policy

November 29, 2022

Hurray Takes Stake In Record Label

November 10, 2006

The Dragon Stands On The Shoulders Of Giants

June 10, 2004

Beijing Hetu unveiled at the 2021 Service Trade Fair: Creating a new scene in the digital space and opening up new services for the digital economy-qianlong.com.cn

September 4, 2021

What Latin America and Europe can learn when it comes to US «rip and replace» of chinese equipment from Huawei and ZTE

March 9, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter