TGE Index Investment Report - Q4 & Year-End 2020
2020 highlights - Total investment and M&A activity across the video games industry tracked by the TGE Index through April-December 2020 reached USD$37.890bn from 406 disclosed transactions (501 total). Adding averaged publicly-available data for Q1 gives a full-year approximation of USD$40.572bn [...]
Huya Acquires USD$30m (£24.7m) Stake in ESL; Google Open Sources Real-Time Hand Tracking Tech
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Huya acquires USD$30m (£24.7m) stake in ESL; Google open sources real-time hand tracking tech; and PEGI clarifies position on NBA 2K20 gambling imagery. Huya acquires USD$30m (£24.7m) [...]
Tencent and NetEase earn CN¥79.1bn (£9.04bn) from online games in H1 2019
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Tencent and NetEase earn CN¥79.1bn (£9.04bn) from online games in H1 2019; Supercell launches Rush Wars; and Playtika acquires Seriously. Tencent and NetEase earn CN¥79.1bn (£9.04bn) from [...]
THQ Nordic Sales Increase by 36%; Loot Crate Files for Bankruptcy
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s edition: THQ Nordic sales increase by 36%, announces multiple acquisitions; Loot Crate files for bankruptcy; and US delays tariffs on China-made games consoles. THQ Nordic sales increase by 36%, [...]
61% of Chinese Gamers Prefer FTP or Ad-Funded titles; Immortals Gaming Club Selling Houston Outlaws
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s edition: 61% of Chinese gamers prefer free-to-play or ad-funded titles; Immortals Gaming Club reportedly selling Houston Outlaws for USD$40m (£32.8m); and Ubisoft acquires Green Panda Games. 61% of Chinese [...]
Private Equity Firm Blackstone Buys Vungle; Tencent Launches Streaming App for WeGame
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Private equity firm Blackstone buys Vungle; Tencent launches streaming app for WeGame; and Baidu renews partnership with Snap. Private equity firm Blackstone buys Vungle Private equity firm Blackstone has [...]
Tencent Leads Efforts to Build China Age Ratings System; HQ Trivia Lays Off 20% of Staff
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Tencent leads efforts to build age ratings system in China; HQ Trivia lays off approximately 20% of staff; and worldwide mobile gaming revenue hits USD$29.6bn (£23.6bn) in [...]
Microsoft, Nintendo, and Sony write letter to Trump against game console tariffs; Industry is only "paying lip service" to gaming addiction
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Microsoft, Nintendo, and Sony write letter to Trump against game console tariff; Industry is only "paying lip service" to gaming addiction - UK technology inquiry chair; and [...]
Harry Potter Wizards Unite Due to Gross USD£10m (£7.85m) in first month; Nintendo Opens Second Retail Store
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Harry Potter Wizards Unite due to gross USD£10m (£7.85m) in first month; Nintendo opens second retail store; and US government blocks League of Legends in Iran and [...]
Tencent and Riot rumoured to be partnering on League of Legends mobile
Chinese technology giant Tencent is understood to be partnering with Riot Games to bring the latter's globally popular PC game League of Legends to mobile. While Tencent can feel like a company that dominates the headlines all too often, this one [...]
China’s Mobile Game Revenue Predicted to Exceed USD$25bn by 2023
That figure – and Niko's other findings – point to rapid growth in China’s games market, despite state involvement stifling game releases in the country through 2018 and into this year. Niko's in-depth report points to the fact that China presently [...]
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