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  • China to Enforce Age ID System from September; Veloce Merges Esports and Racing Divisions

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: China to enforce age ID system from September; Veloce merges esports and racing divisions; and Microsoft rebrands Game Pass. China to enforce age ID system from September China [...]

  • Live-Streaming Climbs Rapidly Over Q2; LocalizeDirect Raises SEK10.26m

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Live-streaming viewership climbs rapidly over Q2; LocalizeDirect raises SEK10.26m (£909,600); and ESL and Dreamhack enter partnership with Huya. Live-streaming viewership climbs rapidly over Q2 Hours spent watching content [...]

  • Chushou TV Shuttered; Microsoft Tells Developers Not to Charge for Next-Gen Upgrades

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Chushou TV shuttered; Microsoft tells developers not to charge for next-gen upgrades; and AppLovin appoints four executive team members. Chushou TV shuttered Chinese video game streaming platform Chushou [...]

  • Discord Raises USD$100m; Thousands of Games Removed from China iOS Store

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Discord raises USD$100m (£80.5m); thousands of games removed from China iOS store; and Animoca Brands acquires GAMEE. Discord raises USD$100m (£80.5m) Voice and video chat platform Discord has [...]

  • Grishin Robotics Raises USD$100m Fund; China iOS Games to Require Government Approval

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Grishin Robotics raises USD$100m (£80.1m) fund; China iOS games to require government approval; and FaZe Clan gains stake in CTRL. Grishin Robotics raises USD$100m (£80.1m) fund Silicon Valley [...]

  • Activision Blizzard Shareholders File CEO Pay Complaint; Cloud9 Partners with Guinevere Capital

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Activision Blizzard shareholders file CEO pay complaint; Cloud9 partners with Guinevere Capital; and NetEase establishes first console studio. Activision Blizzard shareholders file CEO pay complaint Voting advisory bodies [...]

  • Zynga in Talks to Acquire Peak; NetEase to Raise up to USD$3bn;

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Zynga in talks to acquire Peak; NetEase to raise up to USD$3bn (£2.4bn); and Avalanche Studios Group to open new UK studio. Zynga in talks to acquire [...]

  • Magic Leap Raises USD$350m; McLaren Racing Partners with Veloce Esports

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Magic Leap raises USD$350m (£286m); McLaren Racing partners with Veloce Esports; and MyGamez closes funding round. Magic Leap raises USD$350m (£286m) Magic Leap has raised USD$350m (£286m) from [...]

  • Baidu to Invest CN¥500m in Livestreaming; Respawn Opens Vancouver Studio

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Baidu to invest CN¥500m (£58m) in livestreaming; Respawn opens Vancouver studio; and T1 invests in Mobalytics. Baidu to invest CN¥500m (£58m) in livestreaming Baidu executives have announced that [...]

  • PlayStation Store Suspended in China; Unity Acquires Finger Food

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PlayStation Store suspended in China; Unity acquires Finger Food Advanced Technology Group; and Rogue Games raises USD$2m (£1.6m). PlayStation Store suspended in China Sony has suspended the operations [...]