Epic Games, the creator of the popular video game 'Fortnite' said on Thursday it has raised $1.78 billion in its latest funding round, taking the company's valuation past $17 billion.
FILE PHOTO: An attendee stops to text next to Epic Games Fortnite sign at E3, the annual video games expo revealing the latest in gaming software and hardware in Los Angeles, California, U.S., June 12, 2019. REUTERS/Mike Blake
- Epic Games, the creator of the popular video game “Fortnite” said on Thursday it has raised $1.78 billion in its latest funding round, taking the company’s valuation past $17 billion. The latest funding round includes the $250 million investment from Japan’s Sony Corp last month for a stake in the company.
Spending in the United States on video games for June surged 26% to $1.2 billion, the highest for the month in over a decade, according to research firm NPD, as people turned to games during lockdowns and also purchased more in-game content. Epic, which also developed the game engine"Unreal", said the latest round included funds managed by BlackRock Inc (
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Universal Indefinitely Delays the Epic Universe Theme Park, Which Would Have Included Super Nintendo WorldSo long, Epic Universe. Universal's next Orlando theme park--which would've been the East Coast home of Super Nintendo World--has been delayed indefinitely, after reporting an almost $1.5 billion drop in second quarter theme park revenues year-over-year.
Weiterlesen »
Pandemic portraits: Celebrity photographer Brian Bowen Smith documents epic American road tripPhotographer Brian Bowen Smith's planned photo book, 'Drivebys,' will document portraits of American pandemic life — shot through his truck window during an epic cross-country road trip.
Weiterlesen »
Scott Thomas unveils epic body transformation after lockdown 'boot camp'The former Love Island star quit alcohol at the start of the year and has completely overhauled his diet during the lockdown. Scott has now launched a business to help others do the same
Weiterlesen »
Meet the Stylist Behind Beyoncé’s Epic Visual AlbumZerina Akers has been creating classic Beyoncé looks for years, but their latest project serves as a magnum opus.
Weiterlesen »
Angry Blizzard Entertainment Staffers Share Their Salaries to Protest Pay InequitiesDisgruntled employees at games developer Blizzard Entertainment — some of whom reportedly earn only minimum wage — have shared their compensation details in an internal document, hoping…
Weiterlesen »
Brazil's BNDES raised $1.5 billion with sale of Vale shares: sourceBrazil's state-controlled development bank BNDES raised 8.1 billion reais ($1.53 billion) by selling 135 million shares in miner Vale SA in an auction on Tuesday morning, a source familiar with the matter said.
Weiterlesen »