GGP Gaming Weekly – Week 28
Highlights
Nintendo announces the Nintendo Switch (OLED model) (link)
A brand-new trailer from Nintendo has revealed the latest iteration of the Switch platform, known as the Nintendo Switch (OLED model), with a launch slated for this ...
GGP Gaming Weekly – Week 27
M&A and Capital Raising
WinZO raises $65M to scale social interactive entertainment platform (link)
Griffin Gaming Partners led the round
Indian social entertainment platform WinZO will use the funds to accelerate its growth in the Indian Interactive ...
GGP Gaming Weekly – Week 26
M&A and Capital Raising
Electronic Arts acquires Playdemic from AT&T for $1.4B (link)
LionTree served as exclusive financial advisor to AT&T / Playdemic
Electronic Arts has acquired Playdemic from AT&T for $1.4B in cash
Founded in 2010, ...
GGP Gaming Weekly – Week 25
Highlights
Mobile gaming downloads and spending rose 30% and 40% in Q1 2021, respectively, according to App Annie/IDC (link)
App Annie and IDC’s Gaming Spotlight report claims that consumers spent $1.7B per week in mobile in ...
GGP Gaming Weekly – Week 24
Highlights
Netmarble releases FQ1 2021 earnings (link)
Netmarble generated $512M in revenue representing a 7% increase YoY and $56M of net profit representing an 8% increase YoY
North America accounted for 36% of the revenue, with ...
GGP Gaming Weekly – Week 23
Highlights
Netmarble releases FQ1 2021 earnings (link)
Netmarble generated $512M in revenue representing a 7% increase YoY and $56M of net profit representing an 8% increase YoY
North America accounted for 36% of the revenue, with ...
GGP Gaming Weekly – Week 22
Highlights
Netmarble releases FQ1 2021 earnings (link)
Netmarble generated $512M in revenue representing a 7% increase YoY and $56M of net profit representing an 8% increase YoY
North America accounted for 36% of the revenue, with ...
GGP Gaming Weekly – Week 21
Highlights
TTWO Reports FQ4 2021 Earnings (link)
TTWO reported FQ4 2021 net bookings that exceeded expectations
Reported FQ4 2021 net bookings of $785M, representing an 8% increase YoY and exceeding prior outlook ($602M - $652M) and consensus ...
GGP Gaming Weekly – Week 20
Highlights
AppLovin Reports FQ1 2021 Earnings (link)
FQ1 2021 Results
Reported FQ1 2021 total revenue of $604M, representing a 132% increase YoY, and exceeding consensus of $557M
Reported FQ1 2021 adj. EBITDA $131M, representing a 110% ...
GGP Gaming Weekly – Week 19
Highlights
Activision Blizzard Reports Q1 2021 Earnings (link)
ATVI reported increased YoY revenue during FQ1 2021, and strong growth in its core franchises
Reported FQ1 2021 revenue ex-deferrals of $2,066M representing a 36% increase YoY, ...