PUBG Mobile leads the revenue charge and Mario Kart Tour enters top ten downloads chart as overall mobile spend hits nearly $22 billion for the quarter.
The company expects a cash flow increase as a result of new game releases, in addition to the restructuring efforts.
The seed round was led by Bitkraft Esports Ventures, one of the most active esports investment funds in the world. Meta Games plans to use the investments to complete its first title, which is currently in open beta.
Epic has been tight lipped on its exclusivity deals, but a financial report from 505 Games' parent sheds new light on financial arrangement.
The monthly report from the NPD group showed significant drops in game hardware and software sales compared to August 2018. Madden '20 was the best seller of the month, while five Switch exclusives made it into August's top ten.
The video game specialty retailer missed earnings and revenue, sending the stock price tumbling.
Overcooked and My Time at Portia publisher has also created a list of ideal studio and IP acquisitions to target for sustainable future growth.
The company's deadline was set for today. Time is running out for the Swedish company to get its business back on track after a brutal year.
Revenue for Tencent and NetEase make up well over half of the revenue of the Chinese market.