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Exclusive: China's Bilibili in Talks to Buy 24% Stake of Games Maker Yoozoo - Vimarsana News

Exclusive: China's Bilibili in Talks to Buy 24% Stake of Games Maker Yoozoo

Exclusive: China's Bilibili in talks to buy 24% stake of games maker Yoozoo - sources Julie Zhu , By Julie Zhu HONG KONG (Reuters) - Chinese online video site Bilibili is in talks to buy a 24% stake and the headquarters building of Yoozoo Games as part of a deal worth nearly 5 billion yuan ($765 million), two people said, as it seeks to expand in the world's top gaming market. Bilibili is in talks on the deal with Xu Fenfen, chairwoman of Yoozoo, the video game company that is also known as Youzu Interactive, said the two people and another person with di...

Investing in India's Online Gaming Industry: Key Market Growth Drivers - Vimarsana News

Investing in India's Online Gaming Industry: Key Market Growth Drivers

Investors should note that India’s online gaming industry, already growing at a rapid pace, witnessed a jump in its user base since last year's lockdowns.

Chinese gaming tycoon dies at 39 as police probe poisoning case - Vimarsana News

Chinese gaming tycoon dies at 39 as police probe poisoning case

December 27, 2020 Lin Qi, the late founder and chairman of Chinese games publisher Yoozoo, also known as Youzu Interactive, speaking during an undated event. Handout/Yoozoo Lin Qi, the chairman and chief executive of games publisher Yoozoo, died in a Shanghai hospital on Christmas Day in what the police characterised as suspected poisoning, the company confirmed. The 39-year-old billionaire first fell ill on December 16. On Wednesday, Yoozoo, also known as Youzu Interactive, said that the founder’s condition was “stable”. On Friday, the company announced that Lin had died, without givi...