GCL Asia And Wan Xin Culture Technology Company Announce Signing Of MOU Allocating $100M Collaboration To Boost Southeast Asian Gaming Market
Portfolio Pulse from Benzinga Newsdesk
GCL Asia and Wan Xin Culture Technology Company have signed an MoU to invest over $100 million in the Southeast Asian gaming market. The collaboration will focus on IP creation, game development, publishing, and studio acquisitions, aiming to boost efficiency and combat online game piracy.
May 23, 2024 | 12:15 pm
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GCL Asia, a subsidiary of RFAC, has signed an MoU with Wan Xin Culture Technology to invest over $100 million in the Southeast Asian gaming market. This partnership aims to enhance IP creation, game development, and combat online game piracy, potentially boosting RFAC's revenue.
The $100 million investment in the Southeast Asian gaming market by GCL Asia, a subsidiary of RFAC, is likely to enhance IP creation, game development, and combat online game piracy. These initiatives are expected to drive revenue growth for RFAC.
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