Video gaming company Take-Two Interactive has taken significant steps to increase its mobile gaming portfolio. In the fiscal year ending March 2023, social gaming company Zynga generated approximately 2.1 billion U.S. dollars in revenue. Take-Two announced its decision to purchase Zynga in January 2022 and completed the purchase a few months later. The tactic paid off, as mobile accounted for the most significant share of company revenues in 2023.
Annual net revenue and net loss generated by select mobile gaming companies owned by Take-Two Interactive in fiscal year 2023
(in million U.S. dollars)
In May 2023, Take-Two completed its 12.7 billion U.S. dollar acquisition of mobile gaming company Zynga. Zynga is now part of TT's mobile revenue segment and fiscal reporting period has changed to match the parent company's. Data is not comparable with prior figures as a standalone company.
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Take-Two Interactive. (May 26, 2023). Annual net revenue and net loss generated by select mobile gaming companies owned by Take-Two Interactive in fiscal year 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1387586/take-two-mobile-gaming-companies-revenue-net-loss/
Take-Two Interactive. "Annual net revenue and net loss generated by select mobile gaming companies owned by Take-Two Interactive in fiscal year 2023 (in million U.S. dollars)." Chart. May 26, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1387586/take-two-mobile-gaming-companies-revenue-net-loss/
Take-Two Interactive. (2023). Annual net revenue and net loss generated by select mobile gaming companies owned by Take-Two Interactive in fiscal year 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1387586/take-two-mobile-gaming-companies-revenue-net-loss/
Take-Two Interactive. "Annual Net Revenue and Net Loss Generated by Select Mobile Gaming Companies Owned by Take-two Interactive in Fiscal Year 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 26 May 2023, https://www.statista.com/statistics/1387586/take-two-mobile-gaming-companies-revenue-net-loss/
Take-Two Interactive, Annual net revenue and net loss generated by select mobile gaming companies owned by Take-Two Interactive in fiscal year 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1387586/take-two-mobile-gaming-companies-revenue-net-loss/ (last visited October 31, 2024)
Annual net revenue and net loss generated by select mobile gaming companies owned by Take-Two Interactive in fiscal year 2023 (in million U.S. dollars) [Graph], Take-Two Interactive, May 26, 2023. [Online]. Available: https://www.statista.com/statistics/1387586/take-two-mobile-gaming-companies-revenue-net-loss/