Big news in the gaming world! Niantic, the company that made the super popular game Pokémon Go, just sold its video game part to Scopely, a company owned by Saudi Arabia. This is a huge deal worth $3.5 billion! Niantic is now focusing on making maps and location technology.
- Niantic sold its video game business to Scopely for $3.5 billion.
- Saudi Arabia is investing a lot of money in the gaming industry.
- Niantic will now focus on making better maps and location technology.
| Fact | Number |
|---|---|
| Deal value | $3.5 billion |
| Extra money for Niantic investors | $350 million |
| Funding for Niantic's new map company | $250 million |
| Saudi Arabia's investment in gaming | $38 billion (approx.) |
