Technology
Epic Games Seeks $1.7bn USD Fundraising Haul – channelnews – ChannelNews
Fortnite developer Epic Games is aiming to raise $1.7 billion USD, doubling its fundraising efforts over the past year. As reported in Bloomberg, sources have valued…
Fortnite developer Epic Games is aiming to raise $1.7 billion USD, doubling its fundraising efforts over the past year.
As reported in Bloomberg, sources have valued the company 40 per cent of which is owned by Chinese gaming giant Tencent at $28 billion, despite its ongoing legal stoushes with Apple and Google over their respective app store policies.
Bloomberg reports that more than $1 billion USD has already been committed, largely from institutional investors such as big mutual funds; many of…
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