Wupima, which distributes Chinese mobile content in North America, said that it has paid an undisclosed sum to acquire Hook Mobile, which uses MMS for peer-to-peer content. Existing investors of Hook Mobile, which includes Amplifier Venture Partners, have become investors in Wupima which has also raised an unspecified amount of new funding, with the round co-led by Amplifier and previous investor DG-Accel China Growth Fund. Wupima will use the the investment for business expansion and product development reports Digital Media Wire.
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