Cacao Games, Mobile Advertising Platform Companies 'Ad X'

[INTERNATIONAL INTERNATIONAL INTERNATIONAL AND INTERNATIONAL INTERNATIONAL GALL CASO GAZES (Self Representative Nam Gong Hoon, Cho Byung Hyun) has acquired Ad-Tech Start-up Ad X (AD (X) to acquire Ad (X).

Cacao Games Invested W17.2bn in Ad X last year and acquired approximately 30% stake in Ad Xia, and took a call option in the second quarter, to secure 53.5% of the final stake, and completed the incorporation as a series company.

Ad X is an Ad-Tech company that provides advertising revenue optimization platforms that allow mobile apps and game developers to get advertising, and more advertising revenue.

We provide a one-stop platform for mobile advertising revenue, including advertising indicators and algorithms, as well as a solution that utilizes advertising UX reviews and integrated development libraries.

In April of this year, we attracted $ 8 billion in investment in Smile Gate Investment, Tes Investment, and others, took advantage of corporate value of W100bn. In 2020, annual sales, we have been linked to about W30.2bn in the connection, and I have a corporate disclosure (IPO).

Cacao Games said, "I will write Synthesis and know-how to advertise advertising revenue solutions and know-how of Ad X." We expect to create synergies and expand new business competitiveness. "

"In addition to game development, we will accelerate Ad-X 's growth with Cacao Games, which pursues the growth of mutual growth through partnerships and strategic investments in various fields."