The power of data in gaming’s red-hot market Learn how to seize the power of data to attract and keep players, create personalized gaming experiences, and cash in on the industry’s seismic growth. Register Now Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. Mobile monetization firm IronSource said […]
Tag: billion
Putting Roblox’s incredible $45 billion IPO in context
Roblox Corp.’s valuation had been rising slowly and steadily until shooting up earlier this year. Ars Technica Roblox Corp.’s IPO instantly makes it one of the most valuable publicly traded video game publishers. Ars Technica Roblox Corp.’s revenues saw a large bump last year just as pandemic quarantines were going into effect. Ars Technica The […]
Roblox goes public at $41.9 billion valuation in direct listing
Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. Roblox, the platform for Lego-like user-generated games, went public today in a direct listing, where employees and investors finally get a chance to sell shares on the market. The initial price was far higher than the reference price of $ […]
U.S. gamers spent $4.5 billion on PC hardware and accessories in 2020
GamesBeat x Oculus Venues Join Dean Takahashi, Ramez Naam, and Tim Chang online for “Science Fiction, Tech, and Games.” Hosted in VR and 2D February 17th, 10:00am PT Learn More PC gaming hardware and accessories saw a huge leap in sales in 2020, according to industry-tracking firm The NPD Group. This is something that PC […]
“ShareIt” Android app with over a billion downloads is a security nightmare
Enlarge / You can’t argue with that green “safe” shield. ShareIt Trend Micro says it has found “several” security flaws in the popular Android app ShareIt. ShareIt has been downloaded over a billion times from the Play Store, and, according to App Annie, was one of the 10 most globally downloaded apps in 2019. The app was […]
Supercell’s Brawl Stars is its fifth mobile game to cross $1 billion
GamesBeat x Oculus Venues Join Dean Takahashi, Ramez Naam, and Tim Chang online for “Science Fiction, Tech, and Games.” Hosted in VR and 2D February 17th, 10:00am PT Learn More Supercell is an extraordinary company that prints money with its mobile games. But in 2020, it had another off year from a financial analyst’s point […]
Electronic Arts acquires Glu Mobile for $2.4 billion
Beyond the app store: Why mobile games need a multi-platform strategy Learn how to go beyond the tried-and-true pathways to improve discoverability, create community, and scale your mobile business. View On Demand Electronic Arts is getting into the Kim Kardashian business. At least, that is the case if its deal to grab mobile gaming behemoth […]
Playstudios will go public via SPAC at $1.1 billion valuation
Beyond the app store: Why mobile games need a multi-platform strategy Learn how to go beyond the tried-and-true pathways to improve discoverability, create community, and scale your mobile business. View On Demand Playstudios will be the next social casino game company to go public. In this deal, the company will raise money via a special […]
Mobile game maker Playtika goes public at $11 billion valuation
Driving Game Growth & Into the Metaverse Register today to connect with the games industry, join private networking sessions, and hear the latest on driving game growth and the metaverse. January 26-28, 2021 Register for free Playtika went public today in an initial public offering at $ 27 a share, giving the mobile game publisher […]
Qualcomm will acquire chip company founded by Apple execs for $1.4 billion
Enlarge / A splash image for Nuvia from the company’s blog. Nuvia Chipmaker Qualcomm announced a major acquisition today: it will buy Santa Clara-based silicon company Nuvia for $ 1.4 billion. Qualcomm intends to use Nuvia’s technology in future chip designs for a wide range of devices, from phones to cars. Nuvia was founded in […]
App Annie: Mobile games could grow 20% to $120 billion in 2021
Driving Game Growth & Into the Metaverse Register today to connect with the games industry, join private networking sessions, and hear the latest on driving game growth and the metaverse. January 26-28, 2021 Register for free Mobile game spending could grow 20% to $ 120 billion in 2021, according to a report by mobile data […]
SuperData: Games grew 12% to $139.9 billion in 2020 amid pandemic
The game industry grew 12% to $ 139.9 billion in 2020 from $ 120.1 billion in 2019 as many industries shrank during the pandemic, according to a report by market researcher SuperData. But for 2021, SuperData predicts that the game market will only grow 2% in 2021. SuperData said the double-digit growth of the sector […]
Roblox raises $520 million at $29.5 billion valuation, will go public through direct listing
User-generated game platform Roblox has raised $ 520 million in a new round of funding, and it will still go public through a direct listing where the company’s existing shareholders directly sell shares to investors. The private funding deal values Roblox at $ 29.5 billion. The direct listing offering, or DPO, circumvents the usual initial public […]
Lidar startup Innoviz goes public via $1.4 billion SPAC merger
The cutting-edge computer architecture that’s changing the AI game Learn about the next-gen architecture needed to unlock the true capabilities of AI and machine learning. Register here Israeli lidar startup Innoviz Technologies today announced that it will become publicly listed through a special-purpose acquisition company (SPAC) merger, where a “blank check” shell corporation — Collective […]
Airbnb Tops $100 Billion on First Day of Trading
The home-rental company’s blockbuster I.P.O. followed that of the delivery company DoorDash. Investors piled into both. SAN FRANCISCO — Over the last decade, Airbnb has upended the travel industry, riled regulators, frustrated local communities and created a mini-economy of short-term rental operators, all while spinning a warm narrative of belonging and connection. On Thursday, Airbnb […]