The9 and Qing Cheng partner to dominate China’s lower-tier mobile games market

Online game developer and operator The9 Limited has signed a joint venture agreement with mobile game distributor Qing Cheng. 

The9 will hold a 51% stake in the company, while Qing Cheng will own 49%. The venture will serve as The9’s flagship subsidiary for mobile game operations in China’s lower-tier markets.  … [MORE]

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