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On October 21, Incubees reported that Thai meta-universe startup Translucia Global Innovation has acquired a majority stake in local esports community Infofed for an undisclosed sum, with sources familiar with the matter saying that Sources close to the matter said that the size of the deal could be in the eight-figure range.<br />Translucia is said to be a subsidiary of arts and entertainment company T&B Media Global, which launched the 'Translucia Metaverse' project in October 2021 with a first phase investment of US$283 million in virtual worlds.

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【Meta-universe startup Translucia acquires majority stake in Thai esports community Infofed】On October 21, Incubees reported that Thai meta-universe startup Translucia Global Innovation has acquired a majority stake in local esports community Infofed for an undisclosed sum, with sources familiar with the matter saying that Sources close to the matter said that the size of the deal could be in the eight-figure range.
Translucia is said to be a subsidiary of arts and entertainment company T&B Media Global, which launched the 'Translucia Metaverse' project in October 2021 with a first phase investment of US$283 million in virtual worlds.

Meta-universe startup Translucia acquires majority stake in Thai esports community Infofed

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