FunPlus Sells Gaming Subsidiary for $960 Million

Mobile social gaming company The Fun Plus Group has today announced it has sold its wholly owned gaming subsidiary DianDian Interactive to Zhongji Holding for up to $960 million. DianDian Interactive is responsible for multiple hit mobile titles, including Family Farm and Barn Voyage. According to FunPlus, the developer’s games are played by more than four million people every day.

FunPlus chief strategy officer, Dan Fiden, said this move was made at a logical time for both companies.