Alibaba Group Holding Limited is considering acquiring HanbitSoft, Inc. (KOSDAQ:A047080), reported Private Equity Korea citing reports by the Edaily. Industry sources were cited as saying that Alibaba has been reviewing potential acquisitions in South Korea because it is considering investing in game developers from the country. One of the directors of Alibaba's mobile business was formerly a staff at Hanbitsoft.

There has been talk that it could be acquired by Alibaba. However, game sector experts say that the possibility is not very high because Hanbitsoft's publishing has not hit the industry.