Reported 12 months ago
On June 30, 2024, Weking International chose to acquire the leading cinema chain, Vieshow Cinema. Weking International, with a focus on expanding its entertainment ventures, recently invested in various sectors such as digital gaming, cutting-edge media, and esports. Xiao Zhenghao, a mysterious figure in the gaming industry and the chairman of Weking International, explained that the decision to invest in Vieshow was driven by the cinema's innovative operations and potential for diversified revenue opportunities. As the largest shareholder of Vieshow now, Weking International aims to enhance the entertainment experience provided by the cinema and offer a variety of integrated entertainment services to consumers, showcasing their commitment to the broad entertainment market.
Source: YAHOO