Sections

DouYu goes public with $775m Nasdaq IPO

Tencent-backed Chinese streaming platform is valued at more than $3.7 billion

By Matthew Handrahan

MTG has invested $11m in games companies this year

H1 deals include Dorian, Tonk Tonk Games and Sviper

By Matthew Handrahan

German consumers spent €4.4bn on video games in 2018

Mobile and consoles have overtaken PC as nation's most popular games platforms

By James Batchelor

NetEase acquires minority stake in Behaviour Interactive

Partnership to help enhance Chinese game giant's research and development efforts

By Haydn Taylor

Sports Direct now owns 84% of GAME

Shares in UK games retailer will be removed from London Stock Exchange by August 12

By James Batchelor

Ratio of successful Kickstarter projects at highest since Double Fine Adventure

ICO Partners breaks down ongoing maturation of crowdfunding projects with H1 2019 update

By James Batchelor

Smartphone maker ROKiT announces $50m indie dev fund

Selection committee of industry veterans established, up to $500,000 per project on offer

By Haydn Taylor

Jagex denies reports it has been sold

Suggested sale by owner Fukong "remains one of various possible outcomes"

By Rebekah Valentine

Game investments continue at record pace in first half of 2019

Digi-Capital: $3.8b in investments contrasts with lowest merger and acquisition and IPO spend since 2010

By Rebekah Valentine

Monolith Soft opens new studio as profits boom

New Osaki studio arrives following a fiscal year in which profits doubled

By Matthew Handrahan

Digital Minister wants UK Games Fund to continue

Margot James declares the £5m financing initiative a success but extension depends on next government spending review

By James Batchelor

Nexon takes majority share in Patrick Söderlund's Embark Studios

Swedish studio is working on free-to-play co-op action game and a platform to make games development accessible

By James Batchelor

Nexon reportedly no longer for sale due to lack of buyers

Founder Kim Jung-ju halts plan to quit games business after low bids cast doubt on buyer financing

By Rebekah Valentine

Animoca Brands acquires Gamma for a potential $2.5m

Initial fee is $350k, with the remainder tied to performance bonuses

Spil Games sells mobile division to Azerion

Founders remain owners of Spil's web portals, will work in partnership with Azerion

By Matthew Handrahan

Keywords Studios acquires Descriptive Video Works Inc

Canadian firm provides audio description services for film, TV and video games

Zynga proposes $600m convertible note sale

If successful, it would add to the $600m raised from the sale of its San Francisco headquarters

By Matthew Handrahan

Tencent sells a quarter of its stake in Glu Mobile

Online giant still owns nearly 15% of mobile publisher after unloading about 5% for more than $56 million

By Brendan Sinclair

Starbreeze granted extension to its reconstruction period

Stockholm District Court has allowed the troubled publisher until September 3, 2019

GameStop shares plummet nearly 39%

Specialty retailer trading at lowest price since 2003 after reporting sinking sales and halting shareholder dividends

By Brendan Sinclair

GameStop quarterlies show slumping sales

Collectibles and new Switch hardware sales are up, but nearly everything else is down as retailer eliminates quarterly shareholder dividends

By Brendan Sinclair

Two of Korea's largest gaming firms bid for Nexon parent company

Netmarble and Kakao joined by three equity firms in bid for NXC

By Haydn Taylor

Zynga sells San Francisco headquarters for $600m

Building sold to real estate firm but Zynga will still operate there, sharing with AirBnB and more

By James Batchelor

Animoca Brands raises $2.5m for blockchain gaming platform

Money is a combination of investment and a token sale, will help fund the growth of The Sandbox

Metro Exodus recoups all costs, boosts Q1 revenue at THQ Nordic

Net sales spiked 158% at the publisher thanks to 4A Games' shooter and Coffee Stain's Satisfactory

By Matthew Handrahan

Page 1 of 63

Subscribe to the GamesIndustry.biz Newsletters