TGE Index Investment Report - Q4 & Year-End 2020
Video game sensation and global cultural phenomenon Fortnite now courts the attention of 200 million players. That's according to Bloomberg, which points out that the shooter's user base is now approximately comparable to the populace of sizeable nations like Brazil. Put [...]
Leaf Mobile Signs LOI to Acquire Truly Social Games; Nodwin Gaming Raises ₹1.64bn
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Leaf Mobile signs LOI to acquire Truly Social Games; Nodwin Gaming raises ₹1.64bn (£16.2m); and Omeda Studios secures USD$2.2m (£1.6m) in seed funding. Leaf Mobile signs LOI [...]
ESE Acquires WPG; Colossi Games Raises USD$2.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ESE acquires WPG; Colossi Games raises USD$2.5m (£1.8m); and Starbreeze reduces losses in 2020. ESE acquires WPG ESE Entertainment Inc. has announced that it is set to acquire [...]
Zynga Posts Record Revenue & Loss; Tencent Invests in Bohemia Interactive
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Zynga posts record revenue and loss; Tencent invests in Bohemia Interactive; and Digi Game trio secure funding from WePlay Ventures. Zynga posts record revenue and loss US mobile [...]
EA to Acquire Glu Mobile for USD$2.4bn; Homa Games Raises USD$15m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EA to acquire Glu Mobile for USD$2.4bn (£1.7bn); Homa Games raises USD$15m (£11m); and Candivore secures USD$12m (£8.7m). EA to acquire Glu Mobile for USD$2.4bn (£1.7bn) Electronic Arts [...]
EA Usurps Take-Two in Codemasters Takeover; Roblox to Delay IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EA usurps Take-Two in Codemasters takeover; Roblox to delay IPO; and ForeVR launches with USD$1.5m (£1.1m) in funding. EA usurps Take-Two in Codemasters takeover Electronic Arts (EA) has [...]
Rollic Acquires Onnect from CHEF Game Studio; Metafy Raises USD$3m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Rollic acquires Onnect from CHEF Game Studio; Metafy raises USD$3m (£2.2m); and Sigma Resources acquires Simcoach Games. Rollic acquires Onnect from CHEF Game Studio Istanbul-based developer-publisher Rollic has [...]
US Senator Proposes Prison for Streaming Copyright Violators; Salad Technologies Raises USD$3.2m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: US Senator proposes prison for streaming copyright violators; Salad Technologies raises USD$3.2m (£2.4m); and Nintendo shifts 1.3 million Switch consoles in China. US Senator proposes prison for [...]
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 [...]
Bombay Play Raises USD$1m; Appyfurious Receives My.Games Funding
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Bombay Play raises USD$1m (£744,000); Appyfurious receives My.Games funding; and Activision Blizzard sues Netflix for alleged executive poaching. Bombay Play raises USD$1m (£744,000) Mobile social game developer Bombay [...]
EG7 to Acquire Daybreak Games; Bigger Games Raises USD$6m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EG7 to acquire Daybreak Games; Bigger Games raises USD$6m (£4m); and Krafton completes PUBG consolidation. EG7 to acquire Daybreak Games Stockholm-based video game holding company Enad Global 7 [...]
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