Vietnamese mobile and online games publisher VNG considers US IPO
Exploring opportunity with Nasdaq
Vietnamese mobile and online gaming company VNG Corp has signed a preliminary agreement with the Nasdaq to explore an initial public offering in the US, according to Reuters.
The tech firm operates in a number of areas including mobile messaging apps, social networking, e-commerce, music streaming, video streaming and other software.
Its mobile games include Dead Target: Zombie, Dead Warfare: Zombie, World Cup Run and more.
No other specifics on the potential IPO were provided.
East to West
According to Newzoo, mobile revenues for the entire Southeast Asia region will reach $1.4 billion in 2017, coming mainly from Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.
2016 mobile game revenues for Vietnam were said to have reached $136 million.
Craig Chapple is Senior Editor of kiemtung.vn and InfluencerUpdate.biz. He was previously Deputy Editor at Develop and Online Editor at Nintendo of Europe.
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