Weibo takes controlling stake in Jiamian

Communication Services · China · Undisclosed

Sina Weibo took a controlling stake in Jiamian, developer of Werewolf Kill, in 2020, coinciding with Jiamian's registered capital increasing more than eightfold from roughly 10.8 million yuan to 100 million yuan. Several of Jiamian's earlier venture backers exited in the round with reported solid returns.