Daniel_Mallorca1985
Member
Via reddit:
Source: https://investgame.net/news/digest/18-2025/
This started as a joint venture with Oriental Pearl back in 2014: https://www.reuters.com/article/bus...o-set-up-china-playstation-jvs-idUSBREA4P014/
Mod Edit: Thread title and OP updated for improved clarity.
Source: https://investgame.net/news/digest/18-2025/
MERGERS & ACQUISITIONS
China-based subsidiary of Sony Interactive Entertainment (TYO: 6758), Sony China, has acquired the remaining 51% controlling stake in its joint venture with China-based entertainment company Oriental Pearl. The two companies originally partnered in May'14 to support PlayStation hardware distribution in China. Following the transaction, the entity will be renamed Wanzhanpiwu Cultural Entertainment Development, granting Sony full ownership of PlayStation hardware distribution operations in the Chinese market.
This started as a joint venture with Oriental Pearl back in 2014: https://www.reuters.com/article/bus...o-set-up-china-playstation-jvs-idUSBREA4P014/
Mod Edit: Thread title and OP updated for improved clarity.
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