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Major share in Infofed acquired by Translucia

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Oct. 21, 2022(incubees)-- Metaverse company Translucia has acquired a sizable share in Thailand-based Infofed to promote esports in Southeast Asia. Despite the fact that the deal’s magnitude was kept secret, it is believed to be in the USD eight-digit area.

In an effort to establish Thailand as a regional centre, the two businesses intend to establish an esports boot camp. For Translucia’s metaverse, they are also aiming to create esports content.

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