(From South China Morning Post)
Byline: Hui Yuk-min
Nanjing-based mobile games maker Bbmf is pursuing talks with several potential new partners in Japan to bring in US$10 million of fresh capital for its expansion plans.
Bbmf chief executive and co-founder Han Lian said the firm was in a rush to team up with various Japanese firms that owned large numbers of game titles and characters which Bbmf could license.
This strategy followed the company's recent partnership with games developer Atlus, a subsidiary of Japanese toymaker Takara. Atlus invested US$1.1 million to take a 2.4 stake in the Nasdaq over-the-counter-listed Bbmf.