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Acquisition

2 articles tagged "Acquisition"

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Wemade Founder Sells $600M Stake to Chinese Investor, Ending 26 Years of Founder Control

Wemade founder Park Kwan-ho has agreed to sell his entire 39.33% stake to NeoPulse, a subsidiary of Hong Kong's Shengsong Investment, for approximately $600 million, handing control of the WEMIX blockchain gaming platform and the Legend of Mir IP to Chinese-linked investors for the first time.

Editorial·July 1, 2026

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Alpha Compute Is Buying 60% of GAMEE for $18M. That Values 119 Million Users at Almost Nothing

Alpha Compute Corp is acquiring a 60% stake in GAMEE at an $18M valuation, pricing one of Telegram gaming's largest platforms at roughly $0.15 per registered user. The deal raises as many questions about the buyer as it answers about the seller.

Editorial·April 25, 2026