Image: Embracer Group Following a series of video game company acquisitions made by Saudi Arabia’s Public Investment Fund recently, the state-run wealth fund has now spent $1.05 billion to purchase an 8.1% stake in Embracer Group. That stake will make the PIF’s Savvy Gaming Group the second-largest shareholder in Embracer, according to Bloomberg. This follows ...
Bloomberg is reporting today that the Saudi Arabia’s Public Investment Fund (PIF) has bought a 5% stake in Nintendo. Nintendo hasn’t officially acknowledged the purchase by the PIF as it may not be something that the Kyoto-based company is bursting at the seams to announce. The Saudi Arabia Public Investment Fund was set up by ...
picture: Nintendo The Public Investment Fund of Saudi Arabia, a never-ending cash mine tasked with diversifying the country’s economy (and glossing over its human rights record), earned a 5.01% stake in Nintendo. The news was announced in a filing filed with the Japanese Ministry of Finance. Bloomberg reports. It follows similar investments were made in ...
Will Ubisoft be the next major video game company to be acquired? According to Bloomberg and Kotaku sources, the French company would indeed attract interest from several mutual funds. Among the latter, Blackstone Inc. and KKR & Co, two of the world’s largest companies, are currently exploring the possibility of acquiring the publisher ofAssassin’s Creed. ...
News receipt plan What if your best real estate investment was Hogwarts Castle? Published on 04/15/2022 at 21:40 Even Stéphane Plaza will not be able to offer you a lock of this type at such a price! This LEGO, which is usually hard to find, is on sale at Zavvi. Instead of 419 dollars, you ...
screenshot: Amourant / Kotaku On April 12th, top Twitch streamer and content creator Kaitlyn “amourant” Siragusa announced their intention to leave OnlyFans this June. She tweeted that she had a $350,000-$400,000 investment in Twitch and that she had plans to move “influencers” and the “creator economy” into what has traditionally been the domain and competency ...
The Sony group and the company that owns LEGO take a stake in Epic Games’ capital. The company behind Fortnite has spoken about this new fundraiser. Epic Games’ bride has never looked so beautiful and continues to be wooed everywhere. In particular from Sony, who, alongside Kirkbi (LEGO), are increasing their stake in the company. ...
With the amount of rumors we hear about the Apple Car, it’s easy to think, given the development times required, that they are just rumors. What is certain, however, is that the supply chain he is already starting to make movements to be able to participate of the manufacture of the Apple Car. The big ...
Investments in mobile applications in 2021 broke all records. The data, however, indicates a huge difference between the App Store and Google Play. IApple users spend triple on subscriptionscompared to those of Android, a trend we’ve been seeing for years. Profits almost tripled in the App Store The data collected and published by Sensor Tower ...
Related news Xiaomi closed 2021 with good results, as some company representatives claimed at their last event. In this, the Chinese firm reviewed its results this year, in addition to setting some of its goals for the near future, and that’s something the company plans to achieve with a significant capital investment. Xiaomi will make ...
