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China’s iDreamSky pays $10M for majority stake in Silicon Valley game startup Rumble Entertainment

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

China’s iDreamSky Technology, a publicly traded mobile gaming firm, has acquired a 50.1 percent stake in Rumble Entertainment, the Silicon Valley maker of social and mobile games such as KingsRoad, for $10 million. The transaction is yet another that points to a future for mobile gaming in which big multinational companies dominate the market.

iDreamSky will also publish Rumble’s KingsRoad game in China under the agreement.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.