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Ömer Yakabagi

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Good Job Games Secures Investment from Menlo Ventures, Valued at $100M+

Source: Webrazzi Turkey-based mobile game studio Good Job Games, known for its focus on hyper-casual and casual puzzle games, has received an investment from Menlo Ventures. According to available data, the investment surpasses $15 million, pushing Good Job Games' valuation above $100 million. This funding round includes contributions from multiple funds under Menlo Ventures. About Good Job Games Founded in 2017 by İlker Ilıcalı, Good Job Games has developed over 30 games and accumulated more than 100 million downloads across iOS and Android. Some of its most popular titles include: Fun Race 3D Color Bump 3D Run Race 3D Color Fill 3D Epic Race 3D Already scaling. Growing Match Villains & Wonder Blast, or new game incoming? Past Acquisitions Good Job Games has previously been in the spotlight due to significant acquisitions: In 2022, the company sold its Zen Match […]

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Unity Q4 2024: A Rocky Reset with a 25% Loss

Source: StockTitan Unity (NYSE: U) reported Q4 2024 revenue of $457 million, down 25% year-over-year, as the gaming and ad tech giant navigates a major portfolio reset. Despite the decline, the company sees momentum in AI-driven advertising solutions, mobile game development tools, and strategic growth areas. Feb 20: NASDAQ Weirdly, Unity Stocks jumped from 18,3 to 25,3 (38%) while AppLovin went to 440 from 490. (-10%) AppLovin Empire: Monopoly in Mobile Gaming?AppLovin to Sell Its Gaming Division for $900M to Strengthen Its Ad Tech Focus Key Financials (Q4 2024) Create Solutions (Game Engine & Dev Tools): $152M, down 47% Y/Y. Without the $99M Weta FX contract termination, the decline would have been 20% Y/Y. Grow Solutions (Ad Tech & Monetization): $305M, down 5% Y/Y. Excluding pre-merger IronSource incentives, revenue would have risen 2% Y/Y, supported by strong seasonal ad demand. […]

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Big Fish Games Pulls the Plug on New Titles

Big Fish Games is stepping away from new game development, shifting its focus to running and monetizing its existing live titles. The move comes as part of a major restructuring by its parent company, Aristocrat Leisure, which is scaling back investment in the studio’s portfolio. No Sale, No New Games After putting Big Fish and Plarium on the market last year, Aristocrat found a buyer for Plarium—Sweden’s MTG scooped it up for $620M. But Big Fish? No takers. Instead, Aristocrat held onto the studio’s social casino games and is now reshaping its business. The company is also retiring its Pixel United reporting segment, replacing it with Product Madness, which will now house Big Fish’s operations alongside its core slots business. Leadership Shake-Up As part of the shift, Superna Kalle, Aristocrat’s chief strategy officer, will take the reins of Product Madness, […]

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Jam City Offloads Ludia in Strategic Sell-Off

Just after 3.5 years. Jam City is cutting loose its Montreal-based studio, Ludia, selling it to a consortium of Canadian institutional investors in a deal currently under review by the Canadian Competition Bureau. The price tag? Still under wraps. A Jurassic Exit The sale includes Ludia’s full game catalog, home to mobile hits like Jurassic World: The Game, Jurassic World Alive, and Ninja Turtles: Legends. Despite the shake-up, Jam City claims the move won’t disrupt its core business, as its biggest successes come from casual narrative and puzzle-style games. A Quick Flip The deal comes less than 3.5 years after Jam City acquired Ludia for $165M, backed by a $350M funding round as part of its ambitious—but ultimately scrapped—plan to go public at a $1.2B valuation. Now, Ludia is being sold off. "If the sale is approved, we’re committed to […]

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Nitro Games Hits Record Growth in 2024

Autogun Heroes developer Nitro Games delivered a standout year in 2024, with revenue surging 29% to €11.4M ($12.3M) and EBITDA skyrocketing 241% to €2.4M ($2.6M). Net profit more than doubled, hitting €475K ($495K), up 114% YoY. Q4 Snapshot: Revenue: €3M ($3.2M) (+5.3% YoY) EBITDA: €556K ($578K) (-29.3% YoY) Net profit: €78K ($82K) (-74% YoY) Nitro Games credits its success to an expanding game portfolio—including Autogun Heroes, NERF: Superblast, Warframe Mobile, and an upcoming Netflix project—along with tight cost control. The studio also highlighted growing demand for cross-platform titles, particularly those with mobile support. "All-Time High" CEO Jussi Tähtinen emphasized the studio’s momentum:📈 €9.4M in new B2B orders & partnerships🔥 Profitability sustained despite market challenges🎯 Expanding shooter/action brands across platforms "Looking at our history, this isn’t a one-off—it’s a logical next step. We stayed profitable throughout 2024 while investing in future […]

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Meeple Secures £500K to Digitize Tabletop Games

Newly formed UK-based digital board game developer and publisher Meeple Corp has raised £500,000 ($629K) in pre-seed funding to accelerate its mission of bringing tabletop games to digital platforms. Founded by former Marmalade Game Studio senior programmer Matt Hilson and ex-Electric Square game designer Harri Elmer, Meeple Corp partners with publishers to digitize board games. Its debut title, Kingdomino Digital, is set to launch later this year. Investors include Hiro Capital, The Mini Fund, and industry angels. Hiro Capital co-founder Ian Livingstone praised the team, stating that the investment supports their vision to create top-tier digital board game experiences. CEO Matt Hilson emphasized the company's goal of expanding game communities and advancing technology to offer fresh experiences for board game fans. Source: PocketGamer

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The State of Turkish Gaming Ecosystem: Invest in Türkiye

The Turkish gaming industry has emerged as a global force, particularly in mobile gaming. With Istanbul ranking as the second-largest gaming hub in Europe, following London, the region has demonstrated rapid growth, a strong investment climate, and a thriving startup culture. This article dives into the factors driving Turkey's mobile gaming success, key acquisitions, and what’s next for this booming industry. Published by Invest in Türkiye A Thriving Hub for Mobile Gaming Over the past decade, Turkey has evolved into a key mobile gaming market, attracting both local and international investors. The country has produced major success stories, including Peak Games (acquired by Zynga for $1.8 billion), Gram Games, and Rollic, which have set the stage for a new generation of game developers. Hyper-casual and hybrid-casual games have flourished, with Turkish studios leveraging efficient production cycles and data-driven decision-making to […]

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Ad Tech Rocks: Meta Hits Record-Breaking Rvenue in 2024!

Meta Hits Record-Breaking $165B Revenue & $62B Net Income in 2024! Over the past decade (2014-2024), Meta's revenue has grown at a staggering 29% CAGR, while net income surged at 36% CAGR. -From a social media giant to an AI, advertising, and metaverse powerhouse, Meta continues to dominate digital ecosystems.-Despite regulatory challenges & economic shifts, the company’s profitability remains unmatched in Big Tech.-Can Meta maintain this trajectory? Not sure. The hot topic is still AppLovin, though. AppLovin to Sell Its Gaming Division for $900M to Strengthen Its Ad Tech Focus

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3.5$ Billion Deal: Pokémon Go maker Niantic to Sell its Games Division

Niantic, the studio that brought us Pokémon Go and made AR gaming a global sensation, is reportedly looking to sell off its game development division. According to Bloomberg, the company is in talks with Scopely—a mobile gaming powerhouse owned by Saudi Arabia’s Savvy Games Group to strike a deal worth around $3.5 billion. Data: AppMagic Data: AppMagic Neither Niantic nor Scopely commented on the rumored sale, but if it goes through, it could mark a major shift for Niantic, which has been one of the few companies to truly crack the AR gaming formula. It all started with Ingress, a cult favorite that turned real-world locations into a high-stakes battleground. But Pokémon Go catapulted Niantic into gaming history, taking the world by storm in 2016 and changing how people played mobile games forever. Since then, the studio has had mixed […]

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Elon Musk is launching AI Game Studio

Musk's xAI is diving into Game Dev with a next-gen AI-powered studio. Alright. So, can Elon Musk Make Games GREAT AGAIN? Elon Musk wants to shake up gaming, claiming big studios have too much power. The plan? AI-driven game studio. But if it works, wouldn’t it just become another massive studio, repeating the same industry problems? The real challenge for indie devs isn’t just competition—it’s lack of resources and visibility:🚀 High dev costs🚀 No organic traffic🚀 Zero UA budget🚀 A discovery system built for profits, not quality A Better Play: AI-Powered Support for Indies🛠 1. Free AI Tools for Indie DevsWhat if AI helped indie devs build more with less?Think AI-driven art, monetization, live-ops automation, and even AI-powered NPCs—available for free (or via simple X-based ad revenue deals). 🎮 2. A Curated Indie App StoreMusk’s X could launch a next-gen […]

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Mobile Gaming Today: 47

⚡️ Feb 11-18: What's up? Hei Fam! After your feedback, I changed the Newsletter Format a bit. Lmk how you feel 🦧 Game of the Week: Goods Puzzle ABI Game Studio’s Hit Game here. Making around 300K IAP + Ads altogether per day! More? Sort Puzzle: The Hottest Genre Of 2024 This newest iteration of the mixed object match pair puzzler is hitting the gas, overtaking even the previous leader of this loop. Another testament to the quality setup of Hybrid Casual puzzler, powered by a unique core gameplay loop with very accessible gameplay and theme. On top of it, its metagame is using all of the best practices of the event rotation meta from Royal Match, making this a highly grossing combination. Sort Puzzle Top 10: AppMagic 2025 Gaming Investments » AppLovin is selling all its Game Studios for […]

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War Robots by MY.GAMES: $1 Billion in Revenue

As reported by PocketGamer, My.Games and Pixonic’s War Robots has officially joined the billion-dollar club, surpassing $1 billion in lifetime revenue across all platforms. The milestone follows the game’s 10-year anniversary, cementing its status among fewer than 100 mobile titles to hit this benchmark, according to data.ai. With over 300 million installs, War Robots maintains an active player base of 4.7 million monthly users and 690,000 daily players. Mobile dominates the game's success, contributing 95% of total installs and 94% of revenue. Android leads in downloads with 212 million compared to iOS’s 70 million, but revenue is nearly split—$455 million from Android and $442 million from iOS. Global Reach and Expansion The U.S., Japan, Germany, South Korea, and the UK drive the game's revenue, with U.S. players alone contributing over $380 million. The game's return to China last year further […]

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