LOS ANGELES--(BUSINESS WIRE)--Mar 4, 2026--
Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced the acquisition of Wetaps Corporation, a Ho Chi Minh City–based publisher providing comprehensive regulatory coverage for co-publishing partnerships, local operations, and market support for Vietnam, and the launch of its Merchant of Record (MoR) services in Vietnam.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260304005149/en/
As the first licensed MoR for games in the country, Xsolla offers developers a seamless and compliant entry point into Vietnam's booming gaming market through local payment methods, regulatory compliance, and publishing approvals in a single solution.
Vietnam has become a global gaming powerhouse, surpassing established leaders in mobile game exports with more than 6.7 billion downloads to date. The domestic market is projected to exceed $430 million in 2025, driven by a young, mobile-first audience and among the lowest acquisition costs worldwide. Despite these opportunities, international publishers face challenges including fragmented payments, low ARPU, and complex regulatory requirements.
As interactive entertainment continues to expand globally, regional hubs are becoming critical drivers of creative production, technical innovation, and intellectual property creation. Xsolla's launch in Vietnam directly addresses these hurdles. This launch of Xsolla Vietnam marks a pivotal step toward ensuring the company continues to expand access to emerging markets. This initiative is designed to strengthen the local infrastructure in Southeast Asia, accelerate the commercialization pathway, and expand opportunities within the gaming sector well into the future.
"Vietnam has quickly risen to become both a vital domestic market and a global leader in game exports," said Chris Hewish, President at Xsolla. "By becoming the first licensed Merchant of Record in Vietnam, we are helping developers and publishers overcome barriers so they can expand their businesses and reach millions of new players with confidence inside of Vietnam."
The acquisition of Wetaps Corporation and the launch of MoR services in Vietnam are part of Xsolla's Global Strategic Initiatives & Partnerships (GSIP) efforts to expand local publisher assets and build direct-to-consumer infrastructure in high-growth markets. By combining Wetaps' deep regulatory expertise and co-publishing capabilities with Xsolla's global commerce platform, the company is positioning itself to offer partners an end-to-end solution from market entry to monetization in one of Southeast Asia's most dynamic gaming economies.
"Vietnam is one of the fastest-growing mobile gaming markets in the world, and this acquisition gives Xsolla the foundation to build a multi-faceted co-publishing business designed to bring our partners' products to the local market," said Ron Scott, SVP of Global Strategic Partnerships at Xsolla. "From localization and licensing to regulatory coordination and government-mandated distribution requirements, we can now deliver a complete solution. This transaction also accelerates our strategy of expanding local publisher assets to support our global direct-to-consumer business."
Key advantages of Xsolla Vietnam include:
Developers and publishers interested in entering the Vietnamese market or learning more about Xsolla's global commerce and co-publishing solutions can visit xsolla.com/vietnam
For more information about Xsolla Release Notes solutions, please visit: https://xsolla.com/release-notes/march-2026
About Xsolla
Xsolla is a global commerce company with robust tools and services to help developers solve the inherent challenges of the video game industry. From indie to AAA, companies partner with Xsolla to help them fund, distribute, market, and monetize their games. Grounded in the belief in the future of video games, Xsolla is resolute in the mission to bring opportunities together, and continually make new resources available to creators. Headquartered and incorporated in Los Angeles, California, Xsolla operates as the merchant of record and has helped over 1,500+ game developers to reach more players and grow their businesses around the world. With more paths to profits and ways to win, developers have all the things needed to enjoy the game.
For more information, visit xsolla.com
About Wetaps Corporation
Wetaps Corporation is a Ho Chi Minh City–based video game publisher and digital entertainment company. As one of a select number of companies holding a G1 license for online game business operations in Vietnam, Wetaps provides comprehensive regulatory coverage, co-publishing partnerships, and local market support for game developers and publishers entering the Vietnamese market. The company operates leading gaming platforms and media properties, including the 2game.vn gaming portal and esports media channels, serving millions of users across Vietnam.
For more information, visit Wetaps.com
Chris Hewish, President at Xsolla
Graphic: Xsolla
DALLAS (AP) — The mess in Texas may be just beginning.
Four-term Sen. John Cornyn and his allies spent nearly $70 million to survive the first round of the party’s nomination fight on Tuesday. He was slightly ahead of conservative firebrand Ken Paxton, the state attorney general, with more votes still being counted on Wednesday.
Both now advance to a May 26 runoff election that Republicans fear could be even uglier and more expensive than the first contest.
“It's judgment day for Ken Paxton,” Cornyn said on Tuesday night.
But whether any level of attacks can stop Paxton — who has long been shadowed by allegations of corruption and infidelity — remains unclear, especially as he fashions himself as the kind of Make America Great Again warrior President Donald Trump needs in Washington.
Paxton was defiant when speaking to a few hundred supporters at a Dallas hotel ballroom, a far different scene than Cornyn's small press conference.
“We just sent a message, loud and clear, to Washington,” he said. “We are not going to go quietly, and we are not going to let you buy the seat.”
Republicans are sweating the runoff because the 83-day sprint takes place as operatives in both major political parties acknowledge that Democrats have an unusually solid chance of winning a Senate seat in Texas this year, something that hasn't happened in nearly four decades.
Democrats nominated state Rep. James Talarico, who Republicans immediately attacked as a far-left extremist — even though they privately consider the 36-year-old Christian progressive to be a stronger general election candidate than his primary opponent, Rep. Jasmine Crockett.
The Texas contest is playing out as Trump fights to maintain control of Congress for his final two years in the White House. Republicans are more confident about keeping their majority in the Senate than the House, but a competitive race in Texas could scramble the map, or at least consume resources that the party needs in more competitive states like North Carolina, Maine, Ohio and Alaska.
Republican leaders in Washington insist that Cornyn has the best shot, especially after he finished ahead of Paxton in Tuesday's primary, with U.S. Rep. Wesley Hunt finishing a distant third and conceding. Cornyn's campaign argued that a runoff wouldn't even be necessary if it wasn't for “Wesley Hunt's vanity campaign.”
“Paxton’s problems aren’t just an issue in a Republican primary; they also threaten to put the Senate seat at risk due to his lack of strength against Democrat nominee Talarico," a memo from Cornyn's team said.
But Paxton and his allies are showing no signs of backing down.
“The D.C. establishment has done its job: it rallied around its wounded incumbent, opened the fundraising spigot, and flooded the airwaves. But the results, the data, and the reality on the ground all point to the same conclusion: John Cornyn has no viable path to the Republican nomination,” the pro-Paxton Lone Star PAC wrote in a memo. “Cornyn should suspend his campaign, concede the nomination to Ken Paxton, and refuse to allow another $100+ million in Republican resources to be burned in a race that is already decided.”
The only person who might be able to forestall the intraparty fight, or at least limit its fallout, is Trump. But the president has declined to endorse a candidate in the primary, describing all of them as “great,” and it was unclear if anything would change in the runoff.
Without Trump's support, Cornyn made it clear that he would make the case himself. He told reporters that Paxton would be “a dead weight at the top of the ticket for Republicans" in November.
“I’ve worked for decades to build the Republican Party, both here in Texas and nationally,” Cornyn said. “I refuse to allow a flawed, self-centered and shameless candidate like Ken Paxton to risk everything we’ve worked so hard to build over these many years.”
Cornyn will face intense fundraising pressure, having already spent so much money in the first round of the primary. Aides said he had some small fundraisers planned but nothing in the days immediately after this week's vote as he returns to Washington.
In addition, Paxton's allies are confident that the political landscape will tilt in the attorney general's favor.
“The casual and moderate Republican voters who are most likely to support an establishment incumbent are the least likely to return for a runoff,” said the memo from the Lone Star PAC. “The committed conservative activists who form Paxton’s base are the most likely to show up.”
Follow the AP's coverage of the 2026 elections at https://apnews.com/hub/elections.
Texas Attorney General Ken Paxton, a Republican candidate for the U.S. Senate, speaks during a primary election night watch party Tuesday, March 3, 2026, in Dallas. (AP Photo/Julio Cortez)
Sen. John Cornyn, R-Texas, speaks to the media Tuesday, March 3, 2026, in Austin, Texas. (AP Photo/Jack Myer)
Texas Attorney General Ken Paxton, a Republican candidate for the U.S. Senate, speaks during a primary election night watch party Tuesday, March 3, 2026, in Dallas. (AP Photo/Julio Cortez)
Sen. John Cornyn, R-Texas, speaks to the media Tuesday, March 3, 2026, in Austin, Texas. (AP Photo/Jack Myer)
