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Alibaba Invests $120M In Kabam At A Valuation Above $1B

Published August 1, 2014

Kabam Dragons of Atlantis game Chinese conglomerate Alibaba is making another big investment in an American startup. The Wall Street Journal reports that the company is investing $120 million in mobile game developer Kabam, best known for games like “Dragons of Atlantis” and for buying the naming rights to UC Berkeley’s Memorial Stadium. Read More