Chukong Technologies, a China mobile game developer and publisher, has raised $50m in a series D funding round, bringing its total fund raising efforts to date to $83m. Other investors include existing investors GGV Capital, Sequoia Capital, Steamboat Ventures and Northern Light.
The company’s breaking record monthly revenues have more than doubled this year from its Android-based game title Fishing Joy, a franchise which is now bringing in more than $6m each month from its 10 million daily active users.
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