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Marvelous Enters Business Alliance With Tencent Subsidiary

Marvelous have announced they have entered a business and capital alliance Tencent Holding’s subsidiary Image Frame Investment Limited. This will see Image Frame Investment Limited acquired 20% equity of Marvelous for 7 billion yen ($64,999,550 USD).

The company will use to money to develop existing IPs such as Story of Seasons as well as some new IPs like their upcoming game Daemon X Machina.

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