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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

By James Batchelor

Women and over 50s show biggest UK games spending increase since 2019

Barclays transaction data study also shows average games purchase is £15.11

By James Batchelor

Mobile studio Spoilz Games raises $693,000

The funds will go towards expanding the Riyadh-based studio's portfolio

By Marie Dealessandri

Coherence raises $8 million for its multiplayer tech

The funding round was led by Griffin Gaming Partners

By Marie Dealessandri

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

By Marie Dealessandri

Epic raises $2bn from Sony and Lego investors

Funds to go towards "the company's vision to build the metaverse"

By Marie Dealessandri

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

By James Batchelor

Legendary Play raises $4m for esports-themed mobile titles

The funding round was co-led by Bitkraft Ventures and MTG

By Marie Dealessandri

Thunderful Group full-year revenues up to $345m

Company sees another yearly uptick in earnings, net profit in Q4 hits $5 million

By Danielle Partis

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

By Jeffrey Rousseau

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

By James Batchelor

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

By Marie Dealessandri

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

By Marie Dealessandri

NDreams receives $35m investment

VR developer says that the funding from Aonic Group will be used to expand its staff and game offerings

By Jeffrey Rousseau

Netflix continues games push with Boss Fight Entertainment acquisition

It's the streaming giant's third studio acquisition in six months

By Marie Dealessandri

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

By James Batchelor

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"

By Marie Dealessandri

Razer reports revenues of $1.6bn for 2021

Hardware company posts $43 million in net profit compared to $800k in 2020

By Danielle Partis

Studio MayDay rebrands as Riffraff Games after Tencent investment

Chinese megacorp secures minority ownership of New Zealand-based studio

By James Batchelor

Frvr raises $76m to expand casual games platform

Investment will go towards securing "high quality" titles for its portfolio

By Marie Dealessandri

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