News

Vietnamese mobile and online games publisher VNG considers US IPO

Vietnamese mobile and online games publisher VNG considers US IPO

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.


Senior Editor

Craig Chapple is Senior Editor of PocketGamer.biz and InfluencerUpdate.biz. He was previously Deputy Editor at Develop and Online Editor at Nintendo of Europe.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies