TGE Index Investment Report - Q4 & Year-End 2020
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: GameStop posts USD$165m (£130m) loss; Playrix acquires Cateia Games; and Nintendo confirms 300,000 accounts may have been compromised. GameStop posts USD$165m (£130m) loss Retailer GameStop has recorded a [...]
Embracer Group in USD$2.39bn Acquisition Haul; Nexters to go Public via SPAC
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group in USD$2.59bn (£1.89bn) acquisition haul; Nexters to go public via SPAC; and Anzu.io raises USD$9m (£6.6m). Embracer Group in USD$2.59bn (£1.89bn) acquisition haul Embracer Group has [...]
PlayStudios to List Publicly via SPAC; Stillfront Group Acquires Moonfrog
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PlayStudios to list publicly via SPAC; Stillfront Group acquires Moonfrog; and Google shutters Stadia development houses. PlayStudios to list publicly via SPAC Casual and social casino developer-publisher PlayStudios [...]
Roblox to Delay Listing for Second Time; Buildbox Raises USD$20m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox to delay listing for second time; Buildbox raises USD$20m (£14.6m); and Pocket Worlds secures USD$7m (£5.1m) for mobile MMO. Roblox to delay listing for second time Roblox [...]
IDFA Overhaul to Land in Early Spring; Tencent Acquires Minority Stake in Dontnod
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: IDFA overhaul to land in early spring; Tencent acquires minority stake in Dontnod; and Huuuge Games sets IPO maximum price to zł1.67bn (£324m). IDFA overhaul to land [...]
IMVU Relaunches as Together Labs; Corsair Shareholders to Raise USD$252m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: IMVU relaunches as Together Labs; Corsair shareholders to raise USD$252m (£184m); and Brave Lamb Studio raises zł1.2m (£234,700) ahead of prospective IPO. IMVU relaunches as Together Labs Redwood [...]
Jagex Reportedly Sold to Carlyle Group; Tencent Acquires Klei Entertainment
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Jagex reportedly sold to Carlyle Group; Tencent acquires Klei Entertainment; and IzanagiGames raises JP¥166.8m (£1.189m). Jagex reportedly sold to Carlyle Group Runescape developer Jagex has been sold to [...]
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) [...]
Opera Acquires YoYo Games; Multiple Studios Fined for Geoblocking
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Opera acquires YoYo Games; multiple studios fined for geoblocking; and Visionary Realms secures seven-figure investment. Opera acquires YoYo Games Internet browser developer Opera has announced that it has [...]
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 [...]
MGI Acquires KingIsle; Northzone Exits Kahoot
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: MGI acquires KingIsle; Northzone exits Kahoot; and non-domestic China game approvals fall by 47.6% in 2020. MGI acquires KingIsle Media & Games Invest (MGI) has announced that it [...]
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