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Video game spending increased 27% in 2020 – TechCrunch

If you’ve been following the gaming space — or just the state of the world, generally — over the past 12 months, this shouldn’t come as a major surprise. Spending saw big increases pretty much across the board in 2020 as a homebound populace sought comfort and distraction in gaming. ...

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Niantic buys competitive gaming platform Mayhem – TechCrunch

Pokémon GO creator Niantic has acquired a small SF gaming startup building a league and tournament organization platform to help gamers create their own communities around popular titles. Mayhem was in Y Combinator’s winter 2018 batch and went on to raise $5.7 million in funding, according to Crunchbase. Other backers ...

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The Roblox Gambit – TechCrunch

Also: Who is really mispricing companies? So it turns out that Roblox is worth $29.5 billion. That’s the lesson the market learned this week when the gaming platform company announced that it had raised $520 million in an epic Series H. For a company valued at just $4 billion last ...

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