Epic, Maker of Fortnite, Raises $1.25 Billion
Fortnite has become one of the most popular video games in the world and it seems that the company designed Epic Games intend to take advantage of it, on Friday the company was able to collect $ 1.25 billion from a group of investment companies such as KKR.
Behind the investment is the hope that Fortnite will remain a popular game and global phenomenon. Since its launch last year, many people and celebrities like Drake have been playing this game and have introduced new celebrities in the video game world like Tyler Blevins, who is known as Ninja.
The game is a battleground in which hundreds of players compete. The game can be played free of charge, but players pay for costumes or dances for the characters they play. Analysts estimated the sales to have reached millions of dollars, including $ 300 million in April Only.
The company’s last headline-making round was in 2012, when the Chinese internet giant Tencent bought a 40 percent stake at a roughly $825 million valuation. But that was before Fortnite.
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