The Tencent and Legend-backed company, which claims to be China's largest mobile game publisher, will earmark some of the proceeds for acquisitions.
China-based mobile game publisher IDreamSky Technology filed for an initial public offering in the US on Thursday that could raise up to $115m.
Internet portal Tencent holds a 26.6% stake in IDreamSky through an investment vehicle called THL A19. Other notable shareholders include Dream Data Services, an investment vehicle for CEO Michael Chen that holds 22%, conglomerate Legend Holdings (20.4%), Redpoint Ventures (16.6%) and DT01, a holding company for two of IDreamsky’s co-founders (5.6%).
IDreamSky claims to be China’s largest…