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Revenues up 6% to $3.74bn in Xbox's best non-holiday quarter to date
Content and services, including Xbox Game Pass, grew 4% to £3.02 billion, but fell short of expectations
Financials (Page 14)
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Women and over 50s show biggest UK games spending increase since 2019
Barclays transaction data study also shows average games purchase is £15.11
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Mobile studio Spoilz Games raises $693,000
The funds will go towards expanding the Riyadh-based studio's portfolio
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Coherence raises $8 million for its multiplayer tech
The funding round was led by Griffin Gaming Partners
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Cocos Technology raises $50 million to further its open-source game engine
Funds to go towards improving the technology behind Cocos Creator, as well as advance its use beyond games
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Epic raises $2bn from Sony and Lego investors
Funds to go towards "the company's vision to build the metaverse"
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Take-Two selling $2.7bn senior notes to fund Zynga acquisition
Public offering to be made next week, publisher aiming to complete acquisition by January 9, 2023
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Legendary Play raises $4m for esports-themed mobile titles
The funding round was co-led by Bitkraft Ventures and MTG
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Thunderful Group full-year revenues up to $345m
Company sees another yearly uptick in earnings, net profit in Q4 hits $5 million
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Crown prince of Saudi Arabia's foundation now has a 96% stake in SNK
Purchase follows after organization's 2020 controlling stake of 51% for The King of Fighters maker
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Novos raises $6 million for games training platform
The funding round was led by MizMaa Ventures
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Roblox CEO set to receive $232.8 million by 2028
But David Baszucki's payment will rely on him raising the company's share price to $375 in seven years
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TinyBuild's post-IPO profit up 64% to $12.5m
In its first financial report since going public, the Potion Craft publisher reported growth across the board
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Team17 delivers another year of growth, as revenues hit £90m in 2021
Growth driven by strong sales of its back catalogue and 12 new titles launched last year
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NDreams receives $35m investment
VR developer says that the funding from Aonic Group will be used to expand its staff and game offerings
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Netflix continues games push with Boss Fight Entertainment acquisition
It's the streaming giant's third studio acquisition in six months
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Tencent games revenues rose to $27 billion in 2021
Despite slowest quarterly growth since 2004, world's largest games firm sees overall boost in sales and profit
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Dorian raises $14 million in series A round
Games platform aims to "further women as creators and as active players in the global games industry"
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Razer reports revenues of $1.6bn for 2021
Hardware company posts $43 million in net profit compared to $800k in 2020
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Studio MayDay rebrands as Riffraff Games after Tencent investment
Chinese megacorp secures minority ownership of New Zealand-based studio
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Frvr raises $76m to expand casual games platform
Investment will go towards securing "high quality" titles for its portfolio
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Tilting Point enters educational games market with Budge Studios acquisition
Budge to continue operating independently
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Kowloon Nights passes $150m revenue
Development fund reaches milestone across 14 titles in just five years
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Mods specialist Overwolf acquires server monetisation firm Tebex for $29m
Companies share common goal of "ensuring [in-game] creators get paid for their hard work"
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Tencent becomes majority investor in Rime developer Tequila Works
Fresh funding will be used to develop more original IP after work finishes on League of Legends spin-off