{
    "success": true,
    "data": {
        "id": 1592045,
        "msgid": "xsolla-strengthens-presence-in-emerging-markets-with-vietnam-acquisition-and-becomes-the-first-licensed-1772770775",
        "date": "2026-03-06 09:50:35",
        "title": "Xsolla Strengthens Presence in Emerging Markets With Vietnam Acquisition and Becomes the First Licensed Merchant of Record Solution in the Country",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Business",
        "summary": "Xsolla has acquired Wetaps Corporation in Ho Chi Minh City and launched its Merchant of Record services in Vietnam, becoming the first licensed MoR for games in the country. The deal combines Wetaps' regulatory expertise with Xsolla's global commerce platform to provide end-to-end market entry, local payments and publishing approvals for developers targeting Vietnam's rapidly expanding gaming market, which boasts over 6.7 billion mobile game downloads and a domestic market expected to exceed $430 million in 2025. This move positions Vietnam as a strategic hub in Southeast Asia's gaming economy and reinforces Xsolla's GSIP-driven push into high-growth markets.",
        "content": "<p>Los Angeles\u2013(ANTARA\/Business Wire)\u2013Xsolla, a global video game\ncommerce company that helps developers launch, grow, and monetize their\ngames, today announced the acquisition of Wetaps Corporation, a Ho Chi\nMinh City\u2013based publisher providing comprehensive regulatory coverage\nfor co-publishing partnerships, local operations, and market support for\nVietnam, and the launch of its Merchant of Record (MoR) services in\nVietnam.<\/p>\n<p>As the first licensed MoR for games in the country, Xsolla offers\ndevelopers a seamless and compliant entry point into Vietnam\u2019s booming\ngaming market through local payment methods, regulatory compliance, and\npublishing approvals in a single solution.<\/p>\n<p>Vietnam has become a global gaming powerhouse, surpassing established\nleaders in mobile game exports with more than 6.7 billion downloads to\ndate. The domestic market is projected to exceed $430 million in 2025,\ndriven by a young, mobile-first audience and among the lowest\nacquisition costs worldwide. Despite these opportunities, international\npublishers face challenges including fragmented payments, low ARPU, and\ncomplex regulatory requirements.<\/p>\n<p>As interactive entertainment continues to expand globally, regional\nhubs are becoming critical drivers of creative production, technical\ninnovation, and intellectual property creation. Xsolla\u2019s launch in\nVietnam directly addresses these hurdles. This launch of Xsolla Vietnam\nmarks a pivotal step toward ensuring the company continues to expand\naccess to emerging markets. This initiative is designed to strengthen\nthe local infrastructure in Southeast Asia, accelerate the\ncommercialization pathway, and expand opportunities within the gaming\nsector well into the future.<\/p>\n<p>\u201cVietnam has quickly risen to become both a vital domestic market and\na global leader in game exports,\u201d said Chris Hewish, President at\nXsolla. \u201cBy becoming the first licensed Merchant of Record in Vietnam,\nwe are helping developers and publishers overcome barriers so they can\nexpand their businesses and reach millions of new players with\nconfidence inside of Vietnam.\u201d<\/p>\n<p>The acquisition of Wetaps Corporation and the launch of MoR services\nin Vietnam are part of Xsolla\u2019s Global Strategic Initiatives &amp;\nPartnerships (GSIP) efforts to expand local publisher assets and build\ndirect-to-consumer infrastructure in high-growth markets. By combining\nWetaps\u2019 deep regulatory expertise and co-publishing capabilities with\nXsolla\u2019s global commerce platform, the company is positioning itself to\noffer partners an end-to-end solution from market entry to monetization\nin one of Southeast Asia\u2019s most dynamic gaming economies.<\/p>\n<p>\u201cVietnam is one of the fastest-growing mobile gaming markets in the\nworld, and this acquisition gives Xsolla the foundation to build a\nmulti-faceted co-publishing business designed to bring our partners\u2019\nproducts to the local market,\u201d said Ron Scott, SVP of Global Strategic\nPartnerships at Xsolla. \u201cFrom localization and licensing to regulatory\ncoordination and government-mandated distribution requirements, we can\nnow deliver a complete solution. This transaction also accelerates our\nstrategy of expanding local publisher assets to support our global\ndirect-to-consumer business.\u201d<\/p>\n<p>Key advantages of Xsolla Vietnam include:<\/p>\n<ul>\n<li><p>Accelerated Market Entry: Developers can launch quickly through\nan established approval framework<\/p><\/li>\n<li><p>Regulatory Compliance: Simplified procedures and reduced risk\nsupported by strong ties with government regulators<\/p><\/li>\n<li><p>Local Payments: Access to 5+ major local payment methods such as\nMoMo, ZaloPay, and Napas<\/p><\/li>\n<li><p>Revenue Optimization: Streamlined payout structure and optimized\nrevenue share<\/p><\/li>\n<li><p>Localized Support: A curated partner network and customer support\ndesigned for the Vietnamese market<\/p><\/li>\n<\/ul>\n<p>For more information about Xsolla Release Notes solutions, please\nvisit: https:\/\/xsolla.com\/release-notes\/march-2026<\/p>\n<p>About Xsolla<\/p>\n<p>Xsolla is a global commerce company with robust tools and services to\nhelp developers solve the inherent challenges of the video game\nindustry. From indie to AAA, companies partner with Xsolla to help them\nfund, distribute, market, and monetize their games. Grounded in the\nbelief in the future of video games, Xsolla is resolute in the mission\nto bring opportunities together, and continually make new resources\navailable to creators. Headquartered and incorporated in Los Angeles,\nCalifornia, Xsolla operates as the merchant of record and has helped\nover 1,500+ game developers to reach more players and grow their\nbusinesses around the world. With more paths to profits and ways to win,\ndevelopers have all the things needed to enjoy the game.<\/p>\n<p>For more information, visit xsolla.com<\/p>\n<p>About Wetaps Corporation<\/p>\n<p>Wetaps Corporation is a Ho Chi Minh City\u2013based video game publisher\nand digital entertainment company. As one of a select number of\ncompanies holding a G1 license for online game business operations in\nVietnam, Wetaps provides comprehensive regulatory coverage,\nco-publishing partnerships, and local market support for game developers\nand publishers entering the Vietnamese market. The company operates\nleading gaming platforms and media properties, including the 2game.vn\ngaming portal and esports media channels, serving millions of users\nacross Vietnam.<\/p>\n<p>For more information, visit Wetaps.com<\/p>\n<p>Contacts<\/p>\n<p>Media Contact<\/p>\n<p>Derrick Stembridge<\/p>\n<p>Vice President of Global Public Relations, Xsolla<\/p>\n<p>d.stembridge@xsolla.com<\/p>\n<p>Source: Xsolla<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/xsolla-strengthens-presence-in-emerging-markets-with-vietnam-acquisition-and-becomes-the-first-licensed-1772770775",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
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