Krafton Crumbles
Krafton shares fall by 20% following IPO debut
The decline is the worst seen in South Korea since 2004
Quite The Gamble
Netmarble picks up social casino developer SpinX Games for $2.19 billion
"We expect to fortify our competitive edge…"
$447 Million
Sina Corp is looking at acquiring an 18% stake in Yoozoo Games
Encouraged by games growth under COVID-19 pandemic
Welcome To The Family
Tencent acquires majority stake in Don't Starve dev Klei Entertainment
"This partnership helps us navigate a changing industry, and helps us focus on what we do best: making unique experiences that no one else can"
Going Public
Playtika looks to go public as it confidentially files for an IPO
Could be valued at $10 billion
Top Of The World
Apple becomes the first US company to be worth $2 trillion
Follows a surge in share prices
Too Much Pay
EA shareholders vote against its exec compensation payment plan
It is rare for a plan like this to be rejected
Splashing Cash
Tencent acquires 20% stake in Japanese games firm Marvelous
"In comparison to Western companies, there is a widening abyss in terms of development capability and financial clout"
Future Acquisitions
Keywords Studios is raising $122 million to purchase businesses struggling with the pandemic
"This is likely to result in an increased number of acquisition opportunities for Keywords Studios"
Subject To Approval
Nordisk Film Games becomes largest shareholder in Nitro Games following $4.5 million investment
Funds will go towards more shooter games
Give It Up
Zordix acquires Hungarian mobile developer Invictus Games
100 per cent of shares purchased by Sweden studio
A Bigger Share
Kwalee pays out $1.3 million in staff bonuses through profit share scheme
Launched in October 2018
Super Jump
Nintendo's stock price jumps to 19-month high following China Switch launch
Console is region-locked however
Gotta Collect 'em All
Tencent spends $30 million acquiring 10% of UK studio Sumo Digital
Invests in Sheffield co-developer
Share This
Next Games looking to raise $8.85 million by offering shares in the studio
“The third and final phase of the turnaround project is to secure additional funding”
No Sale
Update: South Korea's Nexon no longer up for sale following lack of buyers
CEO Jungju Kim apparently wasn't impressed by the list of companies who stepped forward
Acquisition
Gumi Cryptos acquires $1.67 million worth of shares in Double Jump.Tokyo
As part of this acquisition deal Gumi Cryptos received 891 non-voting shares
Fund Raise
Update: Stillfront Group to raise $53 million from directed share issue; seeks up to $106m from bond loan
Company wants to add cash to its M&A warchest
Divesting Shares
Tencent sells $56m worth of Glu Mobile shares
Chinese publisher reduces stake in US developer to 14.46 per cent
Drastic Measures
Report: Nippon Ichi Software unable to pay staff following Disgaea RPG technical issues
Firm looking to sell off stock shares at low price
China
Tencent starts the road to recovery after a rocky 2018 with a $40 billion boost in share value
The publisher’s share value has already grown 10 per cent in 2019 so far
Ubi-free
Vivendi sells off last Ubisoft shares as takeover plans come to an end
Media conglomerate was in position for hostile takeover in 2018
War Chest
THQ Nordic raises $225 million through share sale for further mergers and acquisitions
European publishing firm's M&A shows no sign of slowing down
Marketing Fuel
Nitro Games plots share issue to raise over $5m
Funds will primarily go toward Heroes of Warland marketing
Sold
Vivendi aims to sell all shares in Ubisoft by March 2019
Fears of a hostile takeover come to an end as Vivendi pulls out of Ubisoft entirely
Amazon
Amazon quickly follows in Apple's footsteps and hits $1 trillion valuation
The online store joins Apple as the second public US firm to pass the threshold
Oh No
Netmarble shares plummet to all-time low as Lineage 2 popularity fades
Shares dropped 11.27 per cent on August 9th to close at 126,000 won
Charting Investor Confidence
Glu Mobile’s the best and Nintendo’s the worst performing game stock during 2018 so far
Ebbs and flows
Building Blocks
Roblox set to raise up to $150 million
PitchBook estimates funding would value the company at $2.4 billion
One Share, One Vote
Mark Pincus’ decision to relinquish Zynga majority voting rights reflects “my confidence in the company”
Founding CEO is stepping back
Business News
Eden Games majority owner Millennial Esports enters $10m credit facility
Publisher withdraws initial $1.1 million
Mixed Picture
2018 so far for mobile game company stock
Winners and the losers
Given The Boot
Vivendi pulls out of Ubisoft as Tencent becomes shareholder in the French publisher
Conglomerate sells its 27.3 per cent stake in the firm
Business News
Rovio issues profit warning as company plots big Hatch investment and UA costs rise
Revenues also anticipated to be well down from forecasts
Success Uncovered
Hidden object revealed: The rise of G5 Entertainment
The story behind 2017’s top game share
Taptica Funding
Taptica raises $52.6 million to reduce debt and fund future M&A opportunities
4.85 million new shares issued, while CEO Hagai Tal sells off some of his own
Bulls & Bears
Which mobile game stocks performed best in 2017?
On the up
Rovio Shares
Rovio's share price falls 20% as user acquisition spend increases and profits drop
UA spend went up by 308.7% in its July-September period
Snapped Up
Tencent snaps up 12% stake in Snapchat owner
"We have long been inspired by the creativity and entrepreneurial spirit of Tencent"
Finland Ipo
Ups and downs: How Finland's biggest IPOs of 2017 are performing
How are this year's IPOs performing today
Good To Share
Nitro Games generates $3.1 million from sale of 500,000 new shares
Swedbank Robur Ny Teknik picks up 9.66% of the firm's shares
Rovio Oversubscription
Rovio discontinues public offering of shares due to oversubscription during IPO
Institutional offering still going ahead
Nintendo Stocks
Nintendo shares hit nine-year high following Arena of Valor Switch reveal
Could just be that the console is still selling well
Angry Unicorn
Rovio eyes $1 billion valuation for October IPO
Listing could pave the way for acquisitions
Pocket Starship Sold
SPYR Games acquires full ownership of Pocket Starships in cashless deal
Offers shares in its stock to the game's owner
Go Nitro
Nitro Games begins public trading on NASDAQ First North Stockholm with $8.45 million market cap
Hoping to facilitate move into self-publishing through IPO
Switched On
Nintendo shares hit seven-year high on back of Switch success
Shares closed at ¥31,880 on May 24th
Lost Its Marbles
Netmarble share prices fall 8.3% from its IPO price despite $610 million revenues in Q1
Financial results apparently weren't good enough
Road To Recovery
Zynga shares surge to their highest point since mid-2014 after promising Q1 earnings
Latest financials please investors
Vivendi Ubisoft Takeover
Report: Vivendi sets eyes on takeover bid for Ubisoft by end of 2017
Needs to show investors that they have no need to worry