ByteDance has reported for 2020. The company’s revenue reached $34.3 billion, an increase of 111% compared to the previous year. Rumors around a possible IPO of the Chinese giant could play an important role in this.

Nazara has invested in the mobile publishing agency Publishme, which is the largest in the Middle East and Turkey. The Indian gaming company paid $3 million for 69.8% of the shares.With the help of the deal, Nazara plans to strengthen itself in the international market of mobile free-play games.

Roblox managed to partially settle the scandal related to the illegal use of songs on the site. The company has announced a collaboration with BMG, the fourth largest music label in the world. Together they plan to help artists look for a new audience and opportunities for promos.Details of the transaction, including financial ones, were not disclosed.

In a little more than a year, the valuation of Hong Kong-based Animoca Brands has grown tenfold to $1 billion. The co-founder of the company Yat Siu (Yat Siu) told in an interview with the South China Morning Post how the development in the field of blockchain and NFT helped to achieve explosive growth.

Another company, following Apple and Google, reduces the commission for developers with a small income. Amazon has announced that from the fourth quarter of 2021, the commission in its Appstore will be reduced to 20%. Developers will also be able to receive 10% cashback.

Due to the length of the cycle of modern development, game designers manage to implement not so many ideas during their career. Ryan Sumo, CEO of the Squeaky Wheel indie studio, believes that the situation will improve if the gaming industry can adopt one practice from cinema. We are talking about the sale of options for design documents.Academia: School Simulator, one of the Squeaky Wheel games

The Philippine startup Yield Guild Games (YGG) has closed a Series A funding round. The company has received $4 million, which it is going to invest in the development of the “play to earn” model in mobile blockchain games.

In the final third reading, the State Duma of Russia adopted the so-called “landing” bill. As soon as it comes into force, all foreign IT companies whose daily audience in Russia is more than 500 thousand people will be required to have an official representative office in the country.

Developer Scott Cawthon, known as the creator of the Five Nights at Freddy’s series, has announced his retirement from the gaming industry. This happened shortly after he and his pregnant wife began receiving death threats. The reason was Coughton’s political views and support for “wrong” candidates like Donald Trump.

The head of Xbox, Phil Spencer, said that a joint show with Bethesda at E3 broke records for views from his company. He thanked for a great week and noted that Microsoft has not felt so much energy and inspiration from players and teams since the Xbox 360.

Ads will appear in games for Oculus VR headsets. Facebook has announced that it will start testing creatives in the coming weeks.

The last major presentation at E3 2021 was Nintendo Direct. According to many players, the show was very successful, but investors did not share the enthusiasm. The shares of the Japanese company fell by several points.

App Annie, together with IDC, presented a new study of the gaming market based on the results of the first quarter. The revenue growth that began during the pandemic continued. During the reporting period, gamers spent an average of $1.7 billion on mobile games per week.Mobile market data

Consoles account for a small share of the Chinese gaming market compared to other platforms. However, their popularity will only grow, according to Niko Partners. According to analysts’ forecasts, by 2025, the revenue of the Chinese console market will approach $ 2.5 billion. We are talking about sales of both legal and gray products.Console market revenue and the number of gamers in China for 2020, 2021 and 2025

Facebook continues to expand the capabilities of its gaming communities. To do this, the company has introduced a new feature in the form of special fan Groups. They will allow streamers to build an audience, and users to get together for discussions or to find partners for online games.The new feature was announced personally by CEO Mark Zuckerberg (Mark Zuckerberg), according to VentureBeat.

Wanted: a game designer at Matryoshka Games, a 2D artist at Weappy studio and a level designer at FUN-TO-MASS GAMES.

Rumors that Krafton is preparing to enter the stock exchange have been circulating since the beginning of the year. But now the owners of PUBG themselves have announced — they have indeed applied for an IPO. According to the results of the placement, the company is going to attract 5.6 trillion rubles ($5 billion).

The Russian mobile games market earned almost a billion dollars last year. And this year he can earn even more. In January-March 2021 alone, Russian users spent $235 million on mobile games.

Most often, developers present their games at summer exhibitions like E3 or their own events. In his new column, gaming expert Simon Carless told how such events affect the growth of the number of vishlist, and what percentage of them are converted into purchases.Carless notes that the following criteria will help to track the effectiveness of participation in a certain exhibition or other online event: