CD Projekt is now one of many largest European game firms, second solely to Ubisoft by present market valuation.
Just final month, CDD Projekt’s market valuation was $6.8 billion and yesterday it climbed to $eight billion (through reddit). And that’s fairly an enormous soar in comparison with 2017 when its valuation stood at $1.6 billion.
Over the years, the corporate went from being a distributor of foreign games to creating its personal underneath the CD Projekt Red label and finally launching its personal distribution service, GOG.
Comparing it to Ubisoft, the France-based firm at the moment has a market valuation of $9.6 billion. This makes CDP, as of as we speak, the second-largest valued game firm in Europe.
The $eight billion market cap for CDP is the worth positioned on the corporate ought to it’s bought at a sure time. And the market valuation figures are given to firms that commerce on the open market.
It’s value noting market valuation can fluctuate, and generally severely. Today, the opening market valuation for CDP is down barely by