Chinese investors are upping the ante in mobile games. A recent near-$9 billion deal for the firm behind “Clash of Clans” showed buyers from China were willing to place huge bets on the sector. Now comes a $4.4 takeover of Playtika, an Israeli maker of casino-style games. If anything, this move looks even bolder.
If you’ve ever released a mobile app or game yourself, you’ve probably been asking yourself this same question through the whole Flappy Bird saga: how the hell did this game get to #1 in the App Store in the first place?
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