video game industry

The Latest

  • Roblox Stock Jumps 55% In Wall Street Debut
    Roblox
    Roblox ended its stock market debut 55% higher, closing at $69.50 per share.
  • Roblox Completes $520 Million Financing Round Ahead Of Direct Listing
    Roblux
    The latest funding valued the video game developer at around $29.5 billion.
  • Nintendo Reboots Iconic Game & Watch Handheld As Mario Bros Extravaganza
    Nintendo
    Nintendo will be re-releasing the new version of its iconic Game & Watch handheld in November for a limited time.
  • Bilibili Reports 70% Revenue Growth Amid Rising Mobile Gaming Demand
    Bilibili
    Chinese firm Bilibili reported a significant surge in revenues for the second quarter, mainly boosted by an uptick in video game sales amid the growing demand for digital entertainment.
  • Nintendo Sees 428 Percent Profit Increase Thanks To Success Of Switch
    Nintendo
    Nintendo reported operating profits of more than 145 billion yen or about $1.37 billion for its latest quarter
  • Tencent In Talks With Huya and DouYu For Potential Platform Merger
    Tencent
    The company is aiming to form China's largest video game streaming platform through the consolidation.
  • CHINA BRIEFING: Tesla Boosting Employee Numbers At Shanghai Gigafactory; 'The Eight Hundred' Film To Hit IMAX Screens
    Tesla Shanghai Gigafactory
    The U.S. automaker has started the process of hiring up to 1,000 factory employees and an undisclosed number of designers,
  • Xbox One & Other Consoles See Huge Spike In Sales
    Visitors play games on PlayStation 4 (PS4) at the Paris Games Week, a trade fair for video games in Paris
    The coronavirus pandemic has forced most people to stay indoors, contributing to the surge of console sales in Europe.
  • Fortnite Still Top-Grossing Game For 2019 With $1.8 Billion In Digital Sales
    Fortnite Video Game
    Fortnite raked in over $1.8 billion in total digital sales last year, beating more-popular titles across different mediums such as Pokemon Go, League Of Legends, and Candy Crush.
  • Nintendo Stocks Surge As Switch Console Releases In China
    Nintendo Switch
    As Nintendo officially made its Switch gaming console available in China, the company's shares surged to its highest intraday level since May 2018.
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