TGE Index Investment Report - Q4 & Year-End 2020
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: gamescom attracts 373,000 visitors; Steam business model ‘unrealistic’ according to Ubisoft; and Tik Tok adopts F2P-style video ads. gamescom attracts 373,000 visitors The 2019 edition of gamescom attracted [...]
VSPN Secures Further USD$60m; Turnip Raises USD$1.6m Seed Funding
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: VSPN secures further USD$60m (£44m); Turnip raises USD$1.6m (£1.2m) seed funding; and Three Gates acquires gameXcite. VSPN secures further USD$60m (£44m) Esports solutions provider Versus Programming Network (VSPN) [...]
Enthusiast Gaming Secures CAD$42m Deal Financing; Miniclip Acquires Gamebasics
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Enthusiast Gaming secures CAD$42m (£24m) deal financing; Miniclip acquires Gamebasics; and ENJ gaming cryptocurrency approved in Japan. Enthusiast Gaming secures CAD$42m (£24m) deal financing Video game media platform [...]
Bilibili Esports Raises CN¥180m; 505 Games Acquires Infinity Plus Two
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Bilibili Esports raises CN¥180m (£20.4m); 505 Games acquires Infinity Plus Two; and VSPN completes Banana Gaming & Media acquisition. Bilibili Esports raises CN¥180m (£20.4m) Chinese esports organisation Bilibili [...]
ESA to Pause Political Donations; Capcom Breach Affecting up to 390,000
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ESA to pause political donations; Capcom breach affecting up to 390,000; and Microsoft-bound Bethesda secures Indiana Jones licence. ESA to pause political donations The Entertainment Software Association (ESA) [...]
Niantic Acquires Mayhem; WestBridge Sells INR₹5bn Stake in Nazara Technologies
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Niantic acquires Mayhem; Westbridge sells INR₹5bn (£50.2m) stake in Nazara Technologies; and Frogwares' The Sinking City returns to stores amid legal dispute with Nacon. Niantic acquires Mayhem Augmented [...]
MTG Acquires Hutch; 37Games Completes Guangzhou Sanqi Network Purchase
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: MTG acquires Hutch; 37Games completes Guangzhou Sanqi Network purchase; and gamified ecommerce platform Aglet secures USD$4.5m (£3.4m). MTG acquires Hutch Modern Times Group (MTG) has announced that it [...]
MTG Increases Innogames Investment; Wizard Games Secures 9-Figure Tencent Funding
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: MTG increases Innogames investment; Wizard Games secures nine-figure Tencent funding; and Quell raises USD$3m (£2.2m) for gamified home fitness. MTG increases Innogames investment Modern Times Group (MTG) has [...]
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