Konstantin Savusia / Shutterstock.com
Market Herald logo

Subscribe

Be the first with the news that moves the market

iCandy have successfully executed an investment agreement with Xcademy to acquire a 20 percent stake.

The developer and publisher of mobile games partnered with Xcademy to offer interactive tutorials and training to those wanting to become video influencers.

Xcademy is yet to be launched however, it is anticipating to be the largest and first influencer educational platform.

Living in a society where everything integrating online, Chairman of iCandy Kin W. Lau thinks this partnership will be extremely beneficial.

“The rapid growth of video-capable social media across the globe gives confidence to the iCandy management that the trend we observe today will continue to expand with more of the younger generation making their mark as video influencers,” he said.

Cash considerations include up to $USD200,000 and $USD100,000 for digital advertising.

This joint management group will monetise iCandy as the largest base of mobile gamers.

Please find announcement attached here 

ICI by the numbers
More From The Market Herald
The Market Herald Video

" X2M Connect (ASX:X2M) completes $3.97m entitlement offer

Internet-of-Things technology company X2M Connect (ASX:X2M) has completed its $3.97 million entitlement offer.

" Ai-Media Technologies (ASX:AIM) signs new multi-year global contract with Google

Media tech company Ai-Media Technologies (ASX:AIM) has signed a three-year agreement with global tech giant Google,…

" Elsight (ASX:ELS) receives $121K repeat Halo order

Elsight (ASX:ELS) has received a repeat ‘Halo’ order from a leading US-based complete drones services provider.
The Market Herald Video

" Nuheara’s (ASX:NUH) hearing aids to become available over the counter in US

Nuheara (ASX:NUH) will see its hearing aids sold directly to consumers in the United States without…