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 [...]
DoubleDown Interactive in USD$100m IPO; Nexon to Invest USD$1.5bn in Public Firms
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: DoubleDown Interactive in USD$100m (£79.8m) IPO; Nexon to invest USD$1.5bn (£1.2bn) in global entertainment companies; and Giants Gaming acquires x6tence. DoubleDown Interactive in USD$100m (£79.8m) IPO Social and [...]
Homa Games Partners with IRL Team; Lootlocker Raises SEK2.4m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Homa Games partners with IRL Team; LootLocker raises SEK2.4m (£201,000); and Paradox Interactive opens new Barcelona studio. Homa Games partners with IRL Team Homa Games has joined forces [...]
Zynga in Talks to Acquire Peak; NetEase to Raise up to USD$3bn;
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Zynga in talks to acquire Peak; NetEase to raise up to USD$3bn (£2.4bn); and Avalanche Studios Group to open new UK studio. Zynga in talks to acquire [...]
Bilibili to Raise USD$650m (£529m); Three Gates Acquires Majority Stake in Tivola Games
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Bilibili to raise USD$650m (£529m); Three Gates acquires majority stake in Tivola Games; and Kippo secures USD$2m (£1.6m) seed funding. Bilibili to raise USD$650m (£529m) Chinese streaming platform [...]
CD Projekt Now Most Valuable European Game Company; Amplifier Acquires DESTINYbit
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: CD Projekt now most valuable European game company; Amplifier Game Invest acquires DESTINYbit; and AdInMo raises USD$500,000 (£408,000). CD Projekt now most valuable European game company Warsaw-based CD [...]
Keywords Raises £100m Acquisition Fund; Ubisoft Sues Apple & Google
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Keywords raises £100m acquisition fund; Ubisoft sues Apple and Google; and Tencent to establish North American AAA studio. Keywords raises £100m acquisition fund Keywords Studios has raised approximately [...]
AppLovin Acquires Machine Zone; BLAST Premier Raises €12.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: AppLovin acquires Machine Zone; BLAST Premier raises €12.5m (£11.1m); and Sumo Group purchases Lab42. AppLovin acquires Machine Zone Mobile games company AppLovin has announced that it has acquired [...]
Video Games Market to Pass USD$200bn by 2023; Gravity Well Formed
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Video games market to pass USD$200bn (£162bn) by 2023; Gravity Well formed; and Torque Esports completes merger with Frankly and WinView. Video games market to pass USD$200bn [...]
PlayStation Store Suspended in China; Unity Acquires Finger Food
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PlayStation Store suspended in China; Unity acquires Finger Food Advanced Technology Group; and Rogue Games raises USD$2m (£1.6m). PlayStation Store suspended in China Sony has suspended the operations [...]
Sensor Tower Raises USD$45m; Unity Acquires Bolt
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sensor Tower raises USD$45m (£36m); Unity acquires Bolt; and Redemption Games receives AppLovin investment. Sensor Tower raises USD$45m (£36m) California-based mobile analytics firm Sensor Tower has announced that [...]
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