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.