TGE Index Investment Report - Q4 & Year-End 2020
BITKRAFT Esports Ventures has spearheaded a USD$5m (£4.1m) Series A funding round in competitive hyper-casual platform Ready. By any technical definition, Ready is an esports offering. At its most fundamental, it lets players do battle in multiplayer games for cash prizes. [...]
Bublar Group to Acquire Goodbye Kansas; Xbox Game Pass Reaches 10m Subscribers
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Bublar Group to acquire Goodbye Kansas; Xbox Game Pass reaches 10 million subscribers; and majority of genres seeing player increases. Bublar Group to acquire Goodbye Kansas Swedish XR [...]
Jagex Acquired for USD$530m; ESL & Dreamhack Enter Twitch Exclusivity Deal
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Jagex acquired for USD$530m (£426m); ESL and Dreamhack enter Twitch exclusivity deal; and Scopely acquires PierPlay. Jagex acquired for USD$530m (£426m) Cambridge-based developer Jagex has been sold by [...]
Stillfront Group Acquires Candywriter; Transcend Fund Raises USD$50m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Stillfront Group acquires Candywriter; Transcend Fund raises USD$50m (£40m); and UK and German market revenue figures announced. Stillfront Group acquires Candywriter Stillfront Group AB has announced that it [...]
Facebook to Launch Gaming App; Republic Acquires Fig
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Facebook to launch gaming app; Republic acquires Fig; and Sega shutters two former Demiurge titles. Facebook to launch gaming app Facebook Gaming will launch a dedicated streaming app [...]
Europe Mobile Game Revenue Hits Record High; Riot Acquires Hypixel
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: European mobile game revenue hits record high; Riot Games acquires Hypixel Studios; and esports predicted to withstand recession. European mobile game revenue hits record high March 2020 saw [...]
US Gaming Time Up 45%; SteelSeries Acquires A-Volute
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: US gaming time up 45%; SteelSeries acquires A-Volute; and Torque Esports partners with Blake Broadcasting. US gaming time up 45% Time spent gaming in the United States has [...]
Subspace Raises USD$26m; Apple Eyeing NextVR Acquisition
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Subspace raises USD$26m (£21m); Apple eyeing NextVR acquisition; and Tencent becomes majority Huya shareholder. Subspace raises USD$26m (£21m) Internet traffic management organisation Subspace has launched publicly and has [...]
Niantic Acquires 6D.ai; iDreamSky & CVC to Lower Leyou Bid
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Niantic acquires 6D.ai; iDreamSky and CVC to lower Leyou bid; and mobile gaming on the rise during Covid-19. Niantic acquires 6D.ai Niantic has acquired fellow augmented reality (AR) [...]
Tencent & Huawei Partner for Cloud Gaming; Colopl Acquires Mages
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent and Huawei partner for cloud gaming; Colopl acquires Mages; and HQ Trivia returns. Tencent and Huawei partner for cloud gaming Tencent has partnered with Huawei to launch [...]
Microsoft Bullish on Xbox Supply Chain; Tencent Replaces DouYu and Huya Directors
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft bullish on Xbox supply chain; Tencent replaces DouYu and Huya directors; and Big Run Studios raises USD$1.4m (£1.2m) from Galaxy Interactive. Microsoft bullish on Xbox supply [...]
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