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]
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]
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]
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]
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, 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]
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]
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]
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]
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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