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Trusted by
Acquiring Company
Kingnet
Acquired Company
WeMade
China
South KoreaGamingIosVideo GamesGamingVideo GamesIntellectual PropertyDescription
The acquisition of Wemade's control by Chinese gaming company Kingnet has been delayed until December 30 due to regulatory approval uncertainties. Kingnet aims to finalize the deal following the payment of the remaining balance of KRW 828 billion. A substantial deposit has already been paid, and both parties remain committed to completing the transaction despite potential regulatory hurdles.
Fundz sees it the moment Kingnet makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired WeMade?
WeMade was acquired by Kingnet, based in China. The deal was reported on October 15, 2026. 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. Kingnet is privately held and operates in Gaming.
When did Kingnet acquire WeMade?
Kingnet's acquisition of WeMade was reported on October 15, 2026. The acquisition of Wemade's control by Chinese gaming company Kingnet has been delayed until December 30 due to regulatory approval uncertainties. Kingnet aims to finalize the deal following the payment of the remaining balance of KRW 828 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does WeMade do?
WeMade is a game development company known for its MMORPGs. It has a popular intellectual property called Mir, especially in the Chinese market. The company focuses on innovating its gaming content and user experience. It is privately held, operating in Gaming, and is based in South Korea.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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