TGE Index Investment Report - Q4 & Year-End 2020
As the Game Developers Conference 2019 nears its end, the news continues to flow. The most interesting story related to the show in this roundup doesn't come from the GDC floor itself, though. Instead, it's from within a reported internal [...]
Huuuge to Raise USD$150m; Nazara Files for Public Listing
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Huuuge to raise USD$150m (£110m); Nazara files for public listing; and Playtika nets USD$1.88bn (£1.38bn) in Nasdaq IPO. Huuuge to raise USD$150m (£110m) Mobile social and casino developer [...]
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 [...]
Sony Launches Immersive Music Division; Ubisoft Partners with Lucasfilm on Star Wars Title
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony launches immersive music division; Ubisoft partners with Lucasfilm on Star Wars title; and Tilting Point to invest USD$10m (£7.3m) in Storytaco's Dangerous Fellows. Sony launches immersive [...]
ironSource Acquires Soomla; Zupee Raises USD$10m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ironSource acquires Soomla; Zupee raises USD$10m (£7.4m); and AlgoriX launches mobile gaming division. ironSource acquires Soomla Ad monetisation platform ironSource has announced the full acquisition of fellow Tel [...]
Roblox Raises USD$520m Ahead of Direct Listing; SuperData Forecasts 2% Growth for 2021
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox raises USD$520m (£382m) ahead of direct listing; SuperData forecasts 2% growth for 2021; and Trump administration mulling Tencent investment ban. Roblox raises USD$520m (£382m) ahead of [...]
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 [...]
Holiday News Roundup: ft. Moon Active; Liftoff; Stillfront Group; et al.
As we move into 2021 with high hopes for a more healthy year globally, TheGamingEconomy summarises the most significant video game business news stories from the past two weeks. In this digest: Moon Active acquires Melsoft; Liftoff receives USD$400m (£294m) [...]
Discord Raises USD$100m; Unity Partners with Snap
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Discord raises USD$100m (£74.7m); Unity partners with Snap; and Rec Room secures USD$20m (£15m). Discord raises USD$100m (£74.7m) Gaming-centric voice chat app Discord has announced that it has [...]
Keywords Studios in Dual Acquisition; Embracer Group Secures New M&A Warchest
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Keywords Studios in dual acquisition; Embracer Group secures new M&A warchest; and esports to be medalled event at 2022 Asian Games. Keywords Studios in dual acquisition Following on [...]
Parsec Raises USD$25m; Keywords Studios Acquires High Voltage
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Parsec raises USD$25m (£19m); Keywords Studios acquires High Voltage; and UK MPs propose ban on resale of bot-bought consoles. Parsec raises USD$25m (£19m) Remote desktop technology and video [...]
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