- Video services company Vobile said it has secured funding for its $127 million purchase of China-based Particle Culture Technology.
- Company’s stock trades at a premium to peers due to its strong profitability and deepening focus on the fast-growing China market.
- It’s worth noting that while the company’s business seems deeply tied to individual platforms, its core business centered on content and IP means that any content producer could be a potential future customer.
For further details see:
Video-Minded Vobile Nears Major Purchase To Boost Growing China Business