Jump to content

G5 Entertainment: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
Added {{Undisclosed paid}}; and removed {{COI}} tags: more accurate
m block evasion
 
(13 intermediate revisions by 8 users not shown)
Line 1: Line 1:
{{Short description|Swedish video game company}}
{{Short description|Swedish video game company}}
{{Undisclosed paid|date=January 2024}}
{{Use dmy dates|date=December 2023}}
{{Use dmy dates|date=December 2023}}
{{infobox company
{{infobox company
Line 16: Line 15:


== History ==
== History ==
G5 Entertainment was established in Moscow in 2001.<ref name="av"/> In 2006, the company went public on the [[Nasdaq Nordic]] exchange under the ticker G5EN.<ref name="dtf"/><ref name="blo-lock"/> In 2022, due to having a workforce based in [[Russia]] and [[Ukraine]], G5 was particularly affected by the [[Russian invasion of Ukraine]], and the company opened new offices across Europe.<ref name="blo-war"/>
G5 Entertainment was established in Moscow in 2001, founded by Aleksandr Tabunov, Sergey Shults and Vlad Suglobov.<ref name="av">{{Cite news |last=Levander |first=Margaretha |date=2021-11-15 |title=Kodaren från Sovjet |url=https://www.affarsvarlden.se/artikel/kodaren-fran-sovjet |access-date=2024-03-10 |work=[[Affärsvärlden]] |pages=10–14}}</ref> In 2006, the company went public on the [[Nasdaq Nordic]] exchange under the ticker G5EN.<ref name="dtf" /><ref name="blo-lock" /> In 2021, the company had grown significantly since it was founded.<ref>{{Cite news |last=Mellqvist |first=Gabriel |date=2021-12-06 |title=Aktiespararna kritiska mot anonymt ägande i G5 – "en unik situation" |url=https://www.di.se/nyheter/aktiespararna-kritiska-mot-anonymt-agande-i-g5-en-unik-situation/ |access-date=2024-03-10 |work=[[Dagens Industri]] |pages=12 |language=Swedish}}</ref> In 2022, due to having a workforce based in [[Russia]] and [[Ukraine]], G5 was particularly affected by the [[Russian invasion of Ukraine]], and the company opened new offices across Europe.<ref name="blo-war" /> At the start of the invasion, G5 had 500 employees in Russia and as many in Ukraine.<ref name="svd2022">{{cite news |last1=Eklund |first1=Henning |title=Vd: Fler medarbetare flyr från Ryssland än Ukraina |url=https://www.svd.se/a/KzV3PM/g5-s-vd-vlad-suglobov-fler-flyr-fran-ryssland-an-fran-ukraina |access-date=10 March 2024 |work=[[Svenska Dagbladet]] |date=2022-06-19}}</ref>

== Games ==
== Games ==
G5 is primarily active in the [[mobile games]] market.<ref name="av"/> Their games primarily target older women.<ref name=jordan/> In 2011, G5 released Virtual City Playground, their first game with [[freemium]] monetization.<ref name="pg-2011"/>
G5 is primarily active in the [[mobile games]] market.<ref name="av"/> Their games primarily target older women.<ref name=jordan/> In 2011, G5 released ''Virtual City Playground'', their first game with [[freemium]] monetization.<ref name="pg-2011"/>


As of 2018, their title ''Hidden City'' was responsible for most of their revenue, and represented a majority of the market share for [[hidden object game]]s.<REF name="jordan"/><ref name="redeye"/> However, later that year, analyst Daniel Zetterberg reported that the game's revenue had passed its peak.<ref name="av-analysis"/>
As of 2018, their title ''Hidden City'' was responsible for most of their revenue, and represented a majority of the market share for [[hidden object game]]s.<REF name="jordan"/><ref name="redeye"/> However, later that year, analyst Daniel Zetterberg reported that the game's revenue had passed its peak.<ref name="av-analysis"/> After ''Hidden City'', which had been licensed from another developer, G5 focused more on their own game development.<ref>{{Cite news |last=Zetterberg |first=Daniel |date=2021-11-14 |title=G5 spelbar på nytt |url=https://www.affarsvarlden.se/analys/g5-spelbar-pa-nytt |access-date=2024-03-10 |work=[[Affärsvärlden]] |pages=34–35 |language=Swedish}}</ref>


== References ==
== References ==
Line 28: Line 26:


<ref name="blo-war">{{Cite news |date=22 June 2022 |title=Swedish Gaming Firm Upended by War Opens New Hubs Across Europe |language=en |work=[[Bloomberg News]] |url=https://www.bloomberg.com/news/articles/2022-06-22/swedish-gaming-firm-upended-by-war-opens-new-hubs-across-europe |last=Ekblom |first=Jonas |access-date=7 December 2023}}</ref>
<ref name="blo-war">{{Cite news |date=22 June 2022 |title=Swedish Gaming Firm Upended by War Opens New Hubs Across Europe |language=en |work=[[Bloomberg News]] |url=https://www.bloomberg.com/news/articles/2022-06-22/swedish-gaming-firm-upended-by-war-opens-new-hubs-across-europe |last=Ekblom |first=Jonas |access-date=7 December 2023}}</ref>

<ref name="av">{{cite web | url=https://www.affarsvarlden.se/artikel/kodaren-fran-sovjet | title=Kodaren från Sovjet - G5 Entertainments VD Vlad Suglobov om framtiden |lang=sv |last=Levander |first=Margaretha | date=12 November 2021 |website=[[Affärsvärlden]]}}</ref>


<ref name="dtf">{{Cite web |last=Babaev |first=Sergey |date=11 July 2016 |title=«Если есть что-то постоянное в игровой индустрии, то это непрерывное изменение условий работы» — Gamedev на DTF |url=https://dtf.ru/gamedev/577-esli-est-chto-to-postoyannoe-v-igrovoj-industrii-to-eto-nepreryvnoe-izmenenie-uslovij-raboty |access-date=2023-12-07 |website=DTF |lang=ru}}</ref>
<ref name="dtf">{{Cite web |last=Babaev |first=Sergey |date=11 July 2016 |title=«Если есть что-то постоянное в игровой индустрии, то это непрерывное изменение условий работы» — Gamedev на DTF |url=https://dtf.ru/gamedev/577-esli-est-chto-to-postoyannoe-v-igrovoj-industrii-to-eto-nepreryvnoe-izmenenie-uslovij-raboty |access-date=2023-12-07 |website=DTF |lang=ru}}</ref>
Line 45: Line 41:
[[Category:2001 establishments in Europe]]
[[Category:2001 establishments in Europe]]
[[Category:Companies based in Stockholm]]
[[Category:Companies based in Stockholm]]
[[Category:Video game companies]]
[[Category:Video game companies of Sweden]]

Latest revision as of 01:46, 18 June 2024

G5 Entertainment
Company typePublic
IndustryVideo games
Founded2001; 23 years ago (2001)
Headquarters
Stockholm
,
Sweden
Websiteg5.com

G5 Entertainment is a Swedish video game developer that produces mobile games.[1]

History[edit]

G5 Entertainment was established in Moscow in 2001, founded by Aleksandr Tabunov, Sergey Shults and Vlad Suglobov.[2] In 2006, the company went public on the Nasdaq Nordic exchange under the ticker G5EN.[3][4] In 2021, the company had grown significantly since it was founded.[5] In 2022, due to having a workforce based in Russia and Ukraine, G5 was particularly affected by the Russian invasion of Ukraine, and the company opened new offices across Europe.[6] At the start of the invasion, G5 had 500 employees in Russia and as many in Ukraine.[7]

Games[edit]

G5 is primarily active in the mobile games market.[2] Their games primarily target older women.[8] In 2011, G5 released Virtual City Playground, their first game with freemium monetization.[9]

As of 2018, their title Hidden City was responsible for most of their revenue, and represented a majority of the market share for hidden object games.[8][10] However, later that year, analyst Daniel Zetterberg reported that the game's revenue had passed its peak.[11] After Hidden City, which had been licensed from another developer, G5 focused more on their own game development.[12]

References[edit]

  1. ^ Benson, Peter (4 January 2017). "Spekulativt läge i G5 Entertainment | Peter Benson". Svenska Dagbladet (in Swedish). ISSN 1101-2412. Retrieved 7 December 2023.
  2. ^ a b Levander, Margaretha (15 November 2021). "Kodaren från Sovjet". Affärsvärlden. pp. 10–14. Retrieved 10 March 2024.
  3. ^ Babaev, Sergey (11 July 2016). "«Если есть что-то постоянное в игровой индустрии, то это непрерывное изменение условий работы» — Gamedev на DTF". DTF (in Russian). Retrieved 7 December 2023.
  4. ^ Hoikkala, Hanna; Wilen, Anton (21 December 2020). "Sweden Gaming Stocks Crowned Lockdown Winners, With More to Come". Bloomberg News.
  5. ^ Mellqvist, Gabriel (6 December 2021). "Aktiespararna kritiska mot anonymt ägande i G5 – "en unik situation"". Dagens Industri (in Swedish). p. 12. Retrieved 10 March 2024.
  6. ^ Ekblom, Jonas (22 June 2022). "Swedish Gaming Firm Upended by War Opens New Hubs Across Europe". Bloomberg News. Retrieved 7 December 2023.
  7. ^ Eklund, Henning (19 June 2022). "Vd: Fler medarbetare flyr från Ryssland än Ukraina". Svenska Dagbladet. Retrieved 10 March 2024.
  8. ^ a b Jon Jordan (31 May 2018). "G5 Entertainment CEO on the focus driving its success in hidden object games and beyond". Pocket Gamer.
  9. ^ Jordan, Jon (2 January 2012). "2011 in review: Vlad Suglobov, CEO, G5 Entertainment". Pocket Gamer. Retrieved 7 December 2023.
  10. ^ "The "King" of its niche". redeye.se. 8 June 2017.
  11. ^ Zetterberg, Daniel (6 November 2018). "Analys: Köpa aktier i G5 Entertainment?". Affärsvärlden (in Swedish).
  12. ^ Zetterberg, Daniel (14 November 2021). "G5 spelbar på nytt". Affärsvärlden (in Swedish). pp. 34–35. Retrieved 10 March 2024.
Retrieved from "https://en.wikipedia.org/w/index.php?title=G5_Entertainment&oldid=1229663817"