Logo of Phnom Penh Post newspaper Phnom Penh Post - Belt Road takes stake in Sabay Digital

Belt Road takes stake in Sabay Digital

Content image - Phnom Penh Post
Sabay CEO Chy Sila. Photo supplied

Belt Road takes stake in Sabay Digital

Private equity firm Belt Road Capital Management (BRCM) has acquired a 40 per cent stake in Sabay Digital Corporation, a local digital publishing and entertainment group, according to a press release Thursday.

The capital injected into Sabay will go towards further enhancements for internal game development through Sabay Osja gaming studio, as well as boosting a Cambodia-focused e-sports ecosystem.

Funds will be set aside to bring more international game titles to the Kingdom, the document says.

Belt Road is a private equity investment manager based in the capital, which focuses on projects in the Mekong sub-region.

Alex Odom, chief investment officer at BRCM, said that Sabay’s dominant position in the gaming industry in Cambodia and the management team’s expertise in publishing and distributing content leads to confidence over their future growth in the gaming market.

Established in 2007, Sabay has grown to become one of Cambodia’s most renowned technology companies. It predominantly publishes desktop and mobile games for the local market.

“We are excited to cooperate with BRCM as a strategic partner to help accelerate our current projects and to strengthen our market entry in unexplored business areas,” said Chy Sila, CEO of Sabay.

MOST VIEWED

  • Would you like fries with that? US burger chain makes Phnom Penh debut

    California-based The Habit Burger Grill restaurant chain is all set to serve up a delicious array of charbroiled burgers and sides at its newest international location in the centre of Phnom Penh. The Habit is “renowned for its award-winning Charburgers grilled over an open flame,

  • Woman seeks answers after arrest of American partner

    Filipina Lalaine de Guzman, 48, is demanding answers for the detention of her American partner by Cambodian immigration officers after he was arrested at their home almost 90 days ago. She said without an arrest warrant or proffering any criminal charges, Stephen Sidney Greatsinger, 56, is being detained

  • ‘No chance Cambodia booted out of ASEAN’

    A group of former and current Cambodian diplomats on Tuesday fired back at retired Singaporean diplomat Bihalari Kausikan after he proposed that ASEAN dismiss Cambodia and Laos from the bloc. In an open letter, the Cambodian diplomats said Kausikan’s remarks were made from a

  • Phnom Penh underpass opens to ease traffic

    Prime Minister Hun Sen has announced a temporary opening of the 488m underpass at the Chaom Chao roundabout in Phnom Penh’s Por Sen Chey district, which was recently completed to connect traffic from National Road 4 to Russian Federation Blvd. The move is to reduce

  • Banteay Meanchey flood victims receive aid

    Prime Minister Hun Sen on Wednesday provided aid to more than 10,000 families affected by flooding in Banteay Meanchey province’s Mongkol Borei district and offered his condolences to the 18 victims who drowned in the province over the past week. He said flooding had occured in

  • PM urges caution as Polish man tests positive for Covid

    The Ministry of Health on Wednesday reported that a 47-year-old Polish man tested positive for Covid-19 after arriving in Cambodia on Monday. There are a total of six Covid-19 patients currently in the country, all of whom are being treated at the Khmer-Soviet Friendship Hospital