another major signing from China
LONDON, 26th of April, 2019 - Flexion Mobile Plc (Nasdaq: FLEXM) (http://flexionmobile.com/), the London-based Android games distribution company today signed yet another major title from a leading publisher in China. The game is currently making more than USD 7 million per month in Google Play and is very popular in Russia and Turkey where it is currently Top 5 Grossing. Today's announcement marks the second big deal in less than a month and follows the signing of Flexion's first Top 10 US grossing title in March.
The distribution agreement allows Flexion to distribute the top-tier game in its main channels Amazon and Samsung and it is planned to go live during the 2nd financial quarter ( July-Sep). Flexion expects games to take up to 6 months from launch before hitting optimal revenue pace in its channels.
"Our China strategy is really starting to pay off and we are pleased that we now are working closely with some of the most successful Chinese publishers who also rank amongst the leading publishers in the world. We believe China, the biggest games market in the world, will continue to produce blockbusters and we will continue to ride this wave, says Flexion CEO Jens Lauritzson.
At the end of March 2019 Flexion had 4 Top Tier games and 5 Mid Tier games live in its channels and launched another Top Tier game during April.
This information was distributed by Cision http://www.cisionwire.se/