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MTG acquires Indian gaming startup PlaySimple for $360 mn prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Swedish gaming giant acquires India's PlaySimple for $360 million – TechCrunch techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
Gamasutra - MTG acquires Indian word game developer PlaySimple for initial $360 million gamasutra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gamasutra.com Daily Mail and Mail on Sunday newspapers.
Swedish gaming giant MTG buys Indian games developer PlaySimple for $360 mn business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
MTG today reported its first quarter earnings, showing year-over-year growth in revenues but still posting a significant loss. For the three months ended March 31, MTG reported sales up 9% to SEK 1.01 billion ($121 million), with a net loss of SEK 124 million ($14.8 million) representing a modest improvement over the previous first quarter s shortfall of SEK 132 million ($15.8 million). The company s gaming business saw revenues up 23% to SEK 767 million ($91.6 million), thanks to growth from InnoGames and the addition of sales from Hutch, which it acquired in December. However, MTG s esports vertical (the merged ESL Gaming and Dreamhack) continues to be hurt by the pandemic, with revenues down 18% to SEK 244 million ($29.1 million). ....