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China tech

Hong Kong-listed game developer jazzes up offerings with VR startup

With 150m yuan acquisition, Forgame gets both game tech and a chain of arcades

Xigua develops large-space VR technology and operates nearly 100 "Player No. 1" VR arcades across China. (Courtesy of Forgame Holdings)

BEIJING -- Forgame Holdings, a Hong Kong-listed Chinese online and mobile game developer, has acquired virtual reality startup Beijing Xigua Huyu Entertainment Technology in a bid to jazz up and expand its product line.

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