The Chinese games industry generated more than $12 billion in the first quarter of 2022. The market continues to grow, with mobile accounting for the vast majority of total revenues.

Valheim has sold more than 10 million copies globally, Iron Gate Studio and publisher Coffee Stain revealed. It took the Viking survival game a little over a year to hit this major milestone.

The NPD Group has released a new report on the best-selling video games, consoles, and accessories of March and the first quarter of 2022. Overall, the US consumer spending reached almost $14 billion during the last three months.

Activision Blizzard has released a financial report for the first quarter of 2022. The company saw its revenues and net income decline year-over-year, with lower Call of Duty sales and the Microsoft deal being named among the reasons behind it.

Several private equity firms have been reportedly studying Ubisoft as a target for a potential acquisition. The company saw its shares rise, although no serious talks have been made yet.