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#EPIC GAMES INVESTMENT

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Epic Games on Monday announced a USD 2 billion round of funding in advancing the company’s vision to build metaverse and support continued growth. “This investment will accelerate our engagement in the world of digital play, and we are pleased to be investing in Epic Games to support their continued growth journey, with a long-term focus toward the future metaverse,” said KIRKBI CEO Søren Thorup Sørensen. Epic has a post-money equity valuation of USD 31.5 billion and the closing of the investment is subject to customary closing conditions, including regulatory approvals. Today, Apple approved the operations of Epic Games’ app store in the European marketplace. Epic Games claimed that the company’s initial rejections were “arbitrary, obstructive, and in violation of the DMA (Digital Markets Act)”. Epic Games has also stated that Apple rejected their app twice this week. With this, Epic Games threatened to report this to the European Commission. Read more in our articles including "Sony, KIRKBI invest USD 2B in Epic Games" and "Apple approves Epic Games app for EU marketplace".

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What is EPIC GAMES INVESTMENT?

Epic Games on Monday announced a USD 2 billion round of funding in advancing the company’s vision to build metaverse and support continued growth. “This investment will accelerate our engagement in the world of digital play, and we are pleased to be investing in Epic Games to support their continued growth journey, with a long-term focus toward the future metaverse,” said KIRKBI CEO Søren Thorup Sørensen.

What have you covered about EPIC GAMES INVESTMENT?

Epic has a post-money equity valuation of USD 31.5 billion and the closing of the investment is subject to customary closing conditions, including regulatory approvals. Today, Apple approved the operations of Epic Games’ app store in the European marketplace. Epic Games claimed that the company’s initial rejections were “arbitrary, obstructive, and in violation of the DMA (Digital Markets Act)”.

Where can I find articles about EPIC GAMES INVESTMENT?

Our coverage of EPIC GAMES INVESTMENT includes: "Sony, KIRKBI invest USD 2B in Epic Games"; "Apple approves Epic Games app for EU marketplace"; "Google tests 5GB storage limit for new accounts without phone number verification". Each article provides unique insights and information.