The9 (NCTY) said Friday its China Crown Technology unit signed an exclusive licensing deal with Wemade to publish the mobile and PC versions of the Mir M game in China.
The commercial launch is expected early next year, and the license period is five years with the possibility of a one-year extension, the company said.
The game may include blockchain technology in accordance with China's laws and regulations, subject to further agreement between the companies, The9 said.
Financial details weren't disclosed.
The9 shares fell 6.9% in recent trading Friday.
Price: 8.06, Change: -0.60, Percent Change: -6.91
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments