Gumi, which earns about $100 million a month on Brave Frontier, announced that it is entering the stock market on December 18.
According to preliminary estimates, the company’s value on the stock exchange will be about $900 million.
The company went to this for a long time. As our colleagues from Techcrunch write, Gumi started as a social network for mobile phones back in 2001. After rebranding (there was a name change from Atmovie Pirates to, in fact, Gumi) in 2008, the company started playing games. As you can see, quite successfully.
Also on the topic:
- Line bought 10% of Brave Frontier developersThe authors of Brave Frontier raised $49 million
- Gumi is a large Japanese company, developer of Brave Frontier.
It has a staff of more than 800 people. The company has offices in South Korea, Singapore, China, USA, France and Canada.