Ranch
Stephany Nunneley
Thursday, February 20, 2020, GMT
Ranch
CD Projekt is now one of Europe's largest gaming companies, and it is second only to Ubisoft in terms of current market valuations.
Just last month, CDD Projekt was valued at $ 6.8 billion, and yesterday its market value climbed to $ 8 billion (via reddit). This is a huge leap from the 2017 valuation ($ 1.6 billion).
Over the years, the company went from becoming a publisher of foreign games to creating its own publisher under the CD Projekt Red label, and eventually launched its own publishing service, GOG.
Compared to Ubisoft, the French-based company currently has a market capitalization of $ 9.6 billion. So far, this makes CDP the second largest value game company in Europe.
The market value of CDP is $ 8 billion, which is the value the company sells at a particular time. Market valuation data is provided to companies trading on the open market.
It is worth noting that market values may fluctuate, sometimes even violently. Today, CDP's opening market valuation has fallen slightly