Shanghai Fukong International Plans To Sell Its Stake In Jagex

Reuters is reporting that Shanghai Fukong International plans to sell its partial or full stock in RuneScape developer Jagex at some time presumably in the near future. Shanghai Fukong International was formed in 2016 and is a venture capital firm that bought all investments from Jagex’s previous investors for a 100% stake in the developer to the tune of $300 million USD.

Previous Jagex investors include Insight Venture Partners, The Raine Group, and Spectrum Equity Investors (source).

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