Bloober Team to intensify its presence in China

Bloober Team, a video game developer, plans to increase its presence in the Chinese market. The company will open an office in Hong Kong before the end of Q1. Bloober wants to secure financing of promotion and new games development by issuing €2.5 million worth in stocks. It also plans to move from NewConnect, an alternative stock exchange, to the Warsaw Stock Exchange. "The growing Chinese video game market opens a vide array of opportunities. We are highly esteemed among our Chinese partners and the cooperation with them has brought first results. To intensify operations, our presence there is necessary," said Piotr Babieno, the CEO of Bloober Team, in a press release. The company operates in China since last year. A special edition of Brawl was selected as one of the few Playstation 4 Launch Titles in China.