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'''GDEV Inc.''' is a Cypriot [[video game publisher]] and holding company based in [[Limassol]], [[Cyprus]]. Holding was created in June 2023 and emerged as a result of [[restructuring]] of [[Nexters]] Inc. on June 21, 2023.<ref>{{Cite web|url=https://finance.yahoo.com/news/nexters-inc-evolves-gaming-entertainment-120000074.html/|title=Nexters evolves to Gaming Holding Company - GDEV Inc|date=June 21, 2023|website=yahoo.com}}</ref>
'''GDEV Inc.''' is a Cypriot [[video game publisher]] and holding company based in [[Limassol]], [[Cyprus]]. Holding was created in June 2023 and emerged as a result of [[restructuring]] of [[Nexters]] Inc. on June 21, 2023.<ref>{{Cite web|url=https://finance.yahoo.com/news/nexters-inc-evolves-gaming-entertainment-120000074.html/|title=Nexters evolves to Gaming Holding Company - GDEV Inc|date=June 21, 2023|website=yahoo.com}}</ref>


The company has published several notable video game titles including ''[[Hero Wars]]'', ''Pixel Gun 3D'', ''Island Hoppers'' and others. According to ''[[Reuters]]'', the company went public with a valuation of 1.9 billion dollars.<ref>{{Cite web|url=https://www.reuters.com/article/idUSL4N2K73MF/|title=Nexters Global to go public via $1.9 billion SPAC deal|date=February 1, 2021|website=reuters.com}}</ref>
The company has published several notable video game titles including ''[[Hero Wars]]'', ''Pixel Gun 3D'', ''Island Hoppers'' and others. According to ''[[Reuters]]'', the company went public with a valuation of 1.9 billion dollars.<ref>{{Cite web|url=https://www.reuters.com/article/idUSL4N2K73MF/|title=Nexters Global to go public via $1.9 billion SPAC deal|date=February 1, 2021|website=reuters.com}}</ref>. GDEV now operates as the parent company and oversees a range of subsidiaries.

GDEV now operates as the parent company and oversees a range of subsidiaries.


== History ==
== History ==

Revision as of 11:24, 23 June 2024

  • Comment: I'm not seeing significant coverage of the company in this article. Phrases like strategic shift aimed to establish a dynamic ecosystem and the holding focuses on nurturing their growth are clearly corporate speak and not neutral in tone nor encyclopedic in nature. Unfortunately a lot of work is needed here to justify this entering the mainspace without issue. VRXCES (talk) 12:15, 19 May 2024 (UTC)
  • Comment: Do you have any more non-interview sources about the company itself(not it's games)?
    Companies are hard to write about because nobody really talks about them critically. Ca talk to me! 22:51, 15 December 2023 (UTC)
  • Comment: Little improvement made Ca talk to me! 01:27, 18 October 2023 (UTC)
  • Comment: The listed sources are just simple routine announcements. They only document the name change and provide a list of games produced. We need more substance than that. Ca talk to me! 14:58, 31 August 2023 (UTC)
  • Comment: press releases are not reliable or independent. Theroadislong (talk) 13:26, 25 August 2023 (UTC)

GDEV
Company typePublic
Nasdaq:GDEV
IndustryGaming
FoundedJune 21, 2023; 14 months ago (2023-06-21)
FounderAndrey Fadeev
Headquarters,
Cyprus
Area served
Worldwide
Key people
  • Andrey Fadeev (CEO and Co-Founder)
  • Natasha Braginsky-Mounier (Chairperson, Independent Director)
  • Anton Reinhold (COO)
  • Roman Safiyulin (CCDO)
  • Alexander Karavaev (CFO)
  • Yulia Dementieva (General Counsel)
RevenueIncrease US$465 million (2023)
Subsidiaries
  • Nexters
  • Cubic Games
  • Royal Ark
  • Game Gears
Websitegdev.inc

GDEV Inc. is a Cypriot video game publisher and holding company based in Limassol, Cyprus. Holding was created in June 2023 and emerged as a result of restructuring of Nexters Inc. on June 21, 2023.[1]

The company has published several notable video game titles including Hero Wars, Pixel Gun 3D, Island Hoppers and others. According to Reuters, the company went public with a valuation of 1.9 billion dollars.[2]. GDEV now operates as the parent company and oversees a range of subsidiaries.

History

In June 2023, international game development company Nexters (founded in 2014) restructured into GDEV holding, while Nexters became its largest wholly-owned subsidiary.

GDEV consolidated studios: Nexters, Cubic Games and studios with minority stake and option for consolidation: Royal Ark and Game Gears

Games

Nexters operates Hero Wars [3], an online RPG fantasy game and Island Hoppers [4], a jungle adventure game.

Cubic Games operates Pixel Gun 3D [5], a mobile first-person shooter and Block City Wars [6], is a multiplayer shooter on the huge map.

Royal Ark operates Zombie Miner [7], a immersive tycoon simulator and Dawn of Zombies [8], online multiplayer survival adventure.


Finances

In its financial report for the first quarter 2024, GDEV Inc. reported a revenue of $107 million, representing an 10% fall from same period in previous year.[9]

References

  1. ^ "Nexters evolves to Gaming Holding Company - GDEV Inc". yahoo.com. June 21, 2023.
  2. ^ "Nexters Global to go public via $1.9 billion SPAC deal". reuters.com. February 1, 2021.
  3. ^ "GDEV makes a big bet on Hero Wars Universe". 11 December 2023.
  4. ^ [https:https://www.pocketgamer.com/island-hoppers-jungle-farm/downloads-revenue-milestones/ "Island Hoppers hits two big milestones in a few years of launch"]. June 2024. {{cite web}}: Check |url= value (help)
  5. ^ "Pixel Gun 3D mobile has generated $200m in bookings". 6 October 2023.
  6. ^ "Top 10 best mobile games like Roblox in 2024". February 2024.
  7. ^ "Idle Zombie Miner Gold Tycoon: Game Guide". 18 November 2023.
  8. ^ "Dawn of Zombies: Survival". 23 March 2024.
  9. ^ "GDEV announces preliminary unaudited results for the first quarter 2024". 29 May 2024.