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Technology

Uber buys Drizzly
Analyst Articles

Bardown – Uber into the Top Shelf of the Liquor Cabinet with Drizzly Acquisition

February 20, 2021 Michael Lacasse

Propelled by surging eCommerce, Drizly cashes in on shuttered bars with sale to Uber. It is the second major deal in the last year for Uber after buying Postmates for $2.65 billion in 2020. [more]

Analyst Articles

WELL Health to Triple Revenue with $369.2M CRH Medical Acquisition

February 17, 2021 Michael Lacasse

WELL Health’s buying spree continues with a major acquisition with C$302.5M financing led by Mr. Li Ka-shing. The acquisition will add annual revenue of US$100M with a run-rate of US$120 million to Well Health’s books. CRH currently has an EBITDA operating margin of 40%. [more]

Analyst Articles

2021 PGC Conference – Trends in the Gaming Industry

February 13, 2021 Michael Lacasse

Pocket Gamer Connects conference discusses the market growth in 2020, an uptick in M&A activity, and how revenue models are changing the industry. [more]

EA - GLU - Acquisition
Analyst Articles

Electronic Arts Acquires Glu Mobile to Boost Online Gaming Portfolio

February 12, 2021 Chris Thompson

Video game developer Electronic Arts announced the acquisition of mobile game developer Glu Mobile for $2.1 billion, a 36% premium to the market. [more]

Analyst Articles

2021 PGC Conference – Talking Esports

February 11, 2021 Michael Lacasse

From LAN parties to stadiums, Esports looks to take the next steps in 2021 with innovative sponsors, expanding revenue streams, and growing viewership. [more]

Roblox IPO
Analyst Articles

After Latest $520M VC Raise, Roblox Sets Site on Public Listing in February

February 3, 2021 Michael Lacasse

Roblox, an online game platform, filed an amended prospectus in preparation for a direct listing on the NYSE in February, under the ticker “RBLX”. The latest financing values the Company at $29.5B, making Roblox one of the most valuable private companies. [more]

Analyst Articles

Electric Vehicle Market Showed Quarterly Decrease in Sales Growth While Manufacturers Continue to Develop and Launch New Models

January 26, 2021 Jay Yi

The EV market is experiencing high activity as more EV-focused companies list publicly, expand product offerings, and create partnerships. However, EV sales growth has significantly declined in the past year. [more]

Crypto update image
Analyst Articles

Crypto Update – Jefferies Buys Bitcoin, China Introduces Digital Yuan, and MOGO Invests in Bitcoin

January 20, 2021 Jay Yi

Cryptocurrencies have regained market interest as Bitcoin reached an all-time-high price of $41,940 per BTC at the beginning of this year. As digital currencies experience stronger adoption, more capital is flowing into investments related to crypto. [more]

Fandom Sport Media
Analyst Articles

Fandifi to Mint Non-Fungible Tokens for Esports Fan Rewards

January 17, 2021 Chris Thompson

Last week, Fandom Sports Media announced plans to undertake the development of Non-Fungible Tokens (“NFTs”) to reward esports fans on its All-Age Prediction Platform. [more]

Analyst Articles

eSports Betting Platform LuckBox IPO’s by Merging with Elephant Hill Capital

January 12, 2021 Jay Yi

Last month, Real Luck Group, the parent company of LuckBox, an eSports betting platform, listed publicly and opened at C$0.80 per share. Global eSports betting market forecasted to reach $18B by 2026. [more]

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