TGE Index Investment Report - Q4 & Year-End 2020
When King launched its ad business nearly two years ago, you sensed a struggle within the company between the burgeoning ad business and its well-established in-app monetisation strategy. The company has nearly 400 million MAUs, and there was clearly an [...]
EG7 Acquires Innova for €109.8m; Rivalry Raises USD$20m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EG7 acquires Innova for €109.8m (£94.91m); Rivalry raises USD$20m (£14m); and Frogwares accuses Nacon of selling hacked version of The Sinking City. EG7 acquires Innova for €109.8m [...]
Dream Games Raises USD$50m; Catalis Considering IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Dream Games raises USD$50m (£36m); Catalis considering IPO; and Corsair acquires Visuals by Impulse. Dream Games raises USD$50m (£36m) Istanbul-based mobile gaming studio Dream Games has announced that [...]
AdColony Sold for USD$400m; Hiro Capital in USD$15m Funding Triple
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: AdColony sold for USD$400m (£283m); Hiro Capital in USD$15m (£11m) funding triple; and SIE to "re-organise" Sony Japan Studio. AdColony sold for USD$400m (£283m) Mobile advertising platform AdColony [...]
HP Acquires HyperX for USD$425m; Thunderful in €11m Headup Acquisition
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: HP acquires HyperX for USD$425m (£300m); Thunderful in €11m (£9.4m) Headup acquisition; and BebopBee raises USD$2m (£1.4m). HP acquires HyperX for USD$425m (£300m) HP Inc. has announced that [...]
ironSource Acquires Luna Labs; Soccer Manager Raises £3m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ironSource acquires Luna Labs; Soccer Manager raises £3m; and GameStop CFO Jim Bell resigns. ironSource acquires Luna Labs Mobile and in-game advertising platform ironSource has acquired British video [...]
Roblox to List Publicly in March; VSPN Mulling US IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox to list publicly in March; VSPN mulling US IPO; and Miniclip acquires Green Horse Games. Roblox to list publicly in March Roblox Corporation has amended its S1 [...]
Saudi Wealth Fund Invests USD$3.3bn in Gaming; Apple Subpoenas Valve
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Saudi Wealth Fund invests USD$3.3bn (£2.4bn) in gaming; Apple subpoenas Valve; and Netmarble acquires Kung Fu Factory. Saudi Wealth Fund invests USD$3.3bn (£2.4bn) in gaming The Public Investment [...]
Embracer Group sales up 44%; Artie Raises USD$10m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group sales up 44%; Artie raises USD$10m (£7.2m); and Epic submits EU antitrust complaint against Apple. Embracer Group sales up 44% Embracer Group has released its financial [...]
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 [...]
PS5 Drift Lawsuit Filed Against Sony; Final Level Raises R$8.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PS5 drift lawsuit filed against Sony; Final Level raises R$8.5m (£1.1m); and redundancies at 22cans. PS5 drift lawsuit filed against Sony United States law firm Chimicles Schwartz Kriner [...]
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