Acquiring Company
Wemade
Acquired Company
Kingnet
South Korea
ChinaGamingVideo GamesIntellectual PropertyGamingIosVideo GamesDescription
Wemade has officially initiated a takeover bid for Kingnet, transforming a former rivalry into a strategic alliance. This acquisition is poised to enhance Wemade's market position and expand its offerings in the gaming industry. With this union, both companies aim to leverage their strengths for mutual growth. The deal underscores a significant shift in the competitive landscape of the gaming sector.
Don't miss Wemade's next move
Get an email the moment Wemade makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
M&A Insights
Based on deal dataFrequently asked
Who acquired Kingnet?
Kingnet was acquired by Wemade, based in South Korea. The deal was reported on September 14, 2026. Wemade is a leading gaming company known for developing and publishing games. It is involved in the blockchain gaming industry and aims for expansion through innovative projects. Wemade is privately held and operates in Gaming.
When did Wemade acquire Kingnet?
Wemade's acquisition of Kingnet was reported on September 14, 2026. Wemade has officially initiated a takeover bid for Kingnet, transforming a former rivalry into a strategic alliance. This acquisition is poised to enhance Wemade's market position and expand its offerings in the gaming industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kingnet do?
Kingnet is a prominent mobile game developer in China, recognized for its captivating gaming titles. The company specializes in mobile and online games that appeal to a broad audience. It is privately held, operating in Gaming, and is based in China.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.
5 screens from a live account. No signup.