Datang Telecom Acquires Yaowan.com

July 3, 2013
Categories: China
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Here is something that demonstrates the “wild west” environment in China’s webgames segment. A smaller telecom company, Datang Telecom, announced it will acquire webgame platform Yaowan.com, operator of approximately 70 webgames. Yaowan, relatively unknown to westerners, has 1 million gamers, 570 RMB ARPU per month, and 863,000 active users.

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