Tencent confirms deal to buy majority stake in Supercell from SoftBank for $8.6B

It is finally confirmed: Tencent has announced that it has acquired a majority ownership of Supercell, the massively profitable Finnish firm behind hit game Clash Of Clans, for around $8.6 billion. Tencent has been rumored to be close to a deal to buy the shares from SoftBank for the past month or so, and today it […]

Supercell acquires 62% of London’s Space Ape Games for $55.8M

Some consolidation is afoot in the world of gaming. Today, Space Ape Games — a London social and mobile games studio founded by alums from Playfish, Mind Candy and EA — announced that Supercell has acquired 62 percent of the company for $55.8 million, as part of a long-term strategic partnership. The deal gives Space Ape a […]

Pan-European seed fund firstminute hits a final fund close of $100M

New UK early stage VC firstminute Capital launched in June last year to the tune of $60m, with European VC Atomico as its first cornerstone investor. They were joined by 30 unicorns founders from Europe and the US. Last September they brought in the huge China-based company, Tencent reaching a fund size of $85m. Today […]

Reactions to Nova Esports Winning the First Ever Clash Royale League World Championship

Mobile Esports history was made yesterday as Nova Esports won the first ever Clash Royale League World Champions by defeating LATAM champions Vivo Keyd.  Below are some reactions and highlights from the historic event in Tokyo: Official Congrats from Clash Royale and Supercell CEO: History is MADE. @NovaEsportsTeam are the CRL 2018 World Champions! They’re taking […]