Stillfront Group purchases Jordan app Jawaker in USD205M deal
Date
9/11/2021 3:56:47 AM
(MENAFN) A report by Magnitt showed that Jawaker, the Jordan-based online card game studio, was bought by global gaming company Stillfront Group in a USD205 million deal.
The game studio runs a hub with at least 30 products, and more than 50 percent of Jawaker’s users play two or more games every week using the app.
“From its humble beginnings 12 years ago, Jawaker has always maintained its belief that steady profitable growth can achieve meaningful results over the long term,” according to Mohamad Hasan, co-founder and CEO of the company.
“The best investment we made over the years was in our culture. This created the environment that unlocked the potential of our truly inspirational team who made Jawaker what it is today,” he further declared.
MENAFN11092021000045011369ID1102776256
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.