Ejoy: Chinese e-commerce giant Alibaba acquires EJoy and sets up new games division

Chinese e-commerce giant Alibaba has formally set up a new games division. As reported by China Daily , the division has been set up by the Alibaba Digital Media and Entertainment Group and aims to develop new games in-house. Experienced team As part of the move Alibaba has acquired online entertainment company EJoy, whose founder Zhan Zhonghui, also former Chief Operations Office at NetEase...