Singapore Internet venture accelerator Fatfish Internet Group Limited has acquired a 70 percent stake in Malaysia mobile game studio Appxplore, developer of games like Mobfish Hunter and Caveboy Escape. This follows its recent IPO on the Australian Stock Exchange, where it raised $3.22 million.

The Appxplore acquisition is to be completed by Fatfish's 70-percent-owned subsidiary, High Joyful International Limited, for an undisclosed sum in cash.

Fatfish Internet Group CEO Kin-Wai Lau promised in a press release that mobile games developed by Appxplore will be downloaded "by more than 5 million smartphone users by the end of this year." Lau also said that with the resources and support Fatfish intends to put into Appxplore, it expects the downloads to double over the next 12 months.

(See: Learn how Appxplore went from zero to hero)

Appxplore co-founder and producer Desmond Lee thinks achieving the numbers Fatfish expects is possible, but adds that "download numbers don't mean anything if the retention is poor."

With the resources, we will focus on building better and larger-scale games which we hope can make players stay longer.

Lee also added that Appxplore would be expanding to take on bigger games, and following the acquisition, is building a team in Indonesia to work on more casual games. However, he assured us that Appxplore will still focus on quality rather than quantity.

At the moment, Appxplore is working on a major update for Mobfish Hunter. It also has a new game that's still in the prototype stage.



MALAYSIA — July 3, 2014 - Appxplore today is proud to announce the release of Mobfish Hunter, a major update to its free endless action-fishing game for iOS and Android. This update introduce a brand new power-chip system and a tons of enhancements. Enhance your Sea-Mine with 60 extraordinary Power-Chips and over 50,000 combinations of hunting styles! Rejuvenating the endless fishing subgenre with customizable explosive weapons and modern graphics, Mobfish Hunter is everything a real fishing trip wishes it could be: action-packed, fast-paced and 100% awesome. Mobfish Hunter was featured by Apple and received acclaim from top gaming sites. Dive into Mobfish Hunter today, free on the iTunes App Store and Google Play.

Set in the year 2020, after the greedy Autocracy has stripped the world of rare Earth elements, disastrous pollution has wreaked havoc on our once-beautiful oceans. Now the world's fish have mutated into dangerous new species known as Mobfish... and they've got the teeth to prove it! To combat these vicious critters, a new class of Mobfish Hunters emerged - and it's up to you to rise through their ranks. Trick-out your fishing lures with a variety of projectile and melee weapons to rid the seas of Mobfish and become a champion Hunter.


  • New power-chip system: 60 Power-Chip variations and over 50,000 combinations of playing style
  • Weapon Boomerang and Moon Blade Balancing adjustment
  • Input Control enhancementRare, Unique and Special Mobfishes are now come with glowing indicator
  • Bug fixes


  • Four Fishin' Holes: Set in the Mobfish Hunter dystopia, each area includes challenging environmental hazards and different types of Mobfish
  • 141 Collectable Species: Play cryptozoologist to find rare and common species, and receive rewards for complete collections
  • Adaptable Weapons: Select from nine different Sea-Mines - complete with spinning blades, spread-shot projectiles and heat-seeking abilities - then upgrade them for increased performance
  • Customizable Utilities: Dive deeper, move faster, and brighten the dark depths around your Sea-Mine with four additional utilities
  • 6 Leaderboards: Compare your skills against other Mobfish Hunters in your city and across the world30 Achievements: Test your hunting skills and expand your collection of rare Mobfish, as you work to complete rewarding challenges
  • Responsive Controls: Steer your Sea-Mine with sensitive tilt control, sliding between Mobfish as you dive, then blasting as many as possible on your ascent
  • Facebook Integration: Challenge Facebook friends and compete for high scores
  • Compatibility: Save your game progress with iCloud or Google Cloud Save, and track your score and achievements with Game Center or Google Play

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