Linekong Grabs Hong Kong Mobile Game Stake

Chinese mobile game developer and operator Linekong announced a strategic investment in Hong Kong mobile game developer and distributor Gameone.

Gameone previously launched an IPO on the Hong Kong Exchanges and Clearing on January 13, 2016, making it the first listed Hong Kong local mobile game company. The company introduced Linekong and Taiwan-listed Soft-World as basic investors by allocating 1.2 million shares to each party.

Gameone is a game developer, operator and distributor that focuses on the Hong Kong and Taiwan markets. Established in 1999, the company has over ten years' operating experience in the Hong Kong gaming industry. Since the second half of 2015, Gameone had launched five mobile game products. In addition, the company has gained the usage rights of seven animation and literature intellectual properties.

Founded in 2007, Linekong is a well-known mobile game developer and distributor in China. On December 30, 2014, Linekong was listed on HKEx GEM.