TGE Index Investment Report - Q4 & Year-End 2020
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group in 13-strong acquisition spree; Queens Gaming Collective raises USD$1.5m (£1.1m); and AudioMob secures USD$1.5m (£1.1m). Embracer Group in 13-strong acquisition spree Video games holding company Embracer [...]
Facebook Gaming Increases Audience Share; China Launches Mental Health Initiative Targeting Gaming
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Facebook Gaming increases audience share; China regulators launch mental health initiative targeting gaming; Pokemon GO generated USD$894m (£684m) in 2019; and Hamburg launches €2.08m (£1.77m) developer [...]
Games grew 4% in 2019 to USD$120.1bn (£91.8bn); Razer applies for Digital Full Bank License
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Games grew 4% in 2019 to USD$120.1bn (£91.8bn); Razer applies for Digital Full Bank License in Singapore; and Xiaomi set to invest CNY¥50bn (£5.5bn) in AI, [...]
Team17 Acquires Yippee Entertainment; Worldwide Christmas App Spend Tops USD$277m (£209.6m); Nexon Sell off Gloops For JPN¥1 (£0.007)
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Team17 picks up Yippee Entertainment; Worldwide Christmas spend on apps tops USD$277m (£209.6m); and Nexon sells off mobile development subsidiary for JPN¥1 (£0.007). Team17 picks up Yippee [...]
Typhoon Studios Joins Google's Stadia Games and Entertainment; Tencent-Backed Global Esports Federation Founded
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Typhoon Studios joins Google's Stadia Games and Entertainment; Tencent-backed Global Esports Federation founded; and Twitch Fortnite viewership dips 28% in 2019. Typhoon Studios joins Google's Stadia Games [...]
Tencent Nintendo Switch Sells 50,000 Units on Release; GameStop Posts Net Loss of USD$83.4m (£63.4m)
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Tencent Nintendo Switch sells 50,000 units on release; GameStop posts net loss of USD$83.4m (£63.4m); and Gosu.ai raises USD$2.8m (£2.1m). Tencent Nintendo Switch sells 50,000 units on [...]
iDreamSky in Talks to Acquire Leyou for USD$1.4bn (£1.1bn); PatronGG Raises USD$1m (£760,000)
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: iDream Sky in talks to acquire Leyou for USD$1.4bn (£1.1bn); PatronGG raises USD$1m (£760,000); and MLB The Show to debut on non-Sony consoles. iDreamSky in talks to [...]
Nintendo Switch to Launch in China on December 10th; Mario Kart Tour is Most Downloaded iOS Game of 2019
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Nintendo Switch to launch in China on December 10th; Mario Kart Tour is most downloaded game of 2019; and Owlcat Games raises USD$1m (£770,000). Nintendo Switch to [...]
Niantic Establishes Developer Fund & Location Sponsorship; China & US Agree to Roll Back Tariffs
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Niantic establishes developer fund and location sponsorship; China and US agree to roll back tariffs; and US gaming spending reaches USD$9.18bn (£7.13bn) in Q3 2019. Niantic establishes [...]
Improbable Partners with Tencent Cloud; Unity Acquires Obvioos
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Improbable partners with Tencent Cloud; Unity acquires Obvioos; Anzu.io enters Xbox Tools and Middleware Program. Improbable partners with Tencent Cloud London-based simulation software distributor Improbable has announced a [...]
Tencent Gains China Approval to Publish Mario Title; 78% of Gaming Preteens Watch Gaming Videos
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Tencent gains China approval to publish Mario title; 78% of gaming preteens watch gaming videos; and Blade raises €30m (€25.9m). Tencent gains China approval to publish Mario [...]
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