Mobile Game Developer Chukong Plans To Launch IPO in US

Chen Haozhi, founder of Chukong Technology, developer of trending casual game Fishing Joy, disclosed that the company planned to launch IPO in the U.S. market within this year (report in Chinese). Amid rising zeal for the gaming industry, rumor has it that Qihoo 360 (NYSE: QIHU) planned to acquire Chukong Technology with $400 million. Chen […]