Hot Five: Wuthering Waves sails to $150 million, Scopely’s “megadeal” plan, and Xbox Android app is on the way

In the ever-evolving landscape of mobile gaming, the past week has brought forth a series of noteworthy developments that industry insiders will find compelling.

Wuthering Waves Coasts to 0 Million

Kuro Games’ Wuthering Waves has made impressive waves, amassing over 0 million in gross revenue on mobile platforms within just four months of its launch. According to estimates from AppMagic, a significant portion of this revenue has been generated in Asia, with both China and Japan contributing approximately 23% each to the game’s earnings. However, despite its strong debut, the game’s revenue has experienced a downward trend since its peak in June, with September figures dropping to .7 million.

Five Lessons from Dice Dreams’ Successful Growth Strategy

SuperPlay’s 2019 title Dice Dreams is currently enjoying a remarkable year, showcasing a revenue growth of nearly 400% since the beginning of 2023, alongside a 91% increase in downloads. This success can be attributed to a variety of strategic initiatives, including:

  • Event integration that keeps players engaged
  • Compelling live operations that enhance the gaming experience
  • Proactive player engagement strategies
  • Rapid adaptation to market trends

These elements have collectively contributed to making Dice Dreams a standout title in the competitive mobile gaming arena.

Scopely Plans Major Acquisition Next Year

In an exciting development, Scopely, the creator of Monopoly Go, is reportedly preparing for a significant acquisition next year. This was hinted at during a subscriber-only Q&A at Variety’s Entertainment & Technology Summit. Scopely’s Chief Revenue Officer, Tim O’Brien, described the potential deal as a “megadeal,” aiming for a scaled global franchise that could generate at least billion in revenue.

Africa’s Video Games Market Projected to Rise

The future looks bright for Africa’s video games market, which is projected to grow from .14 billion to .72 billion by 2029, reflecting a compound annual growth rate (CAGR) of 11.62%. This growth is expected to be fueled by increased mobile penetration, particularly in Sub-Saharan Africa, where unique mobile subscribers are anticipated to reach nearly 700 million by 2030. The expansion of 5G networks is also expected to significantly enhance the gaming landscape across the continent.

Xbox Android App to Start Game Sales Next Month

In a significant shift for mobile gaming, Xbox games will soon be available for purchase through the Xbox App on Android, starting this November. This change follows a court ruling mandating that Google open its Play Store in the US to third-party sales. Although Google plans to appeal the decision, the current ruling requires the tech giant to allow third-party access for the next three years, setting the stage for a new era in mobile gaming commerce.

AppWizard
Hot Five: Wuthering Waves sails to $150 million, Scopely’s "megadeal" plan, and Xbox Android app is on the way