Wed, 12 Mar 2025

Wed, 12 Mar 2025 Saudi Investment Fund pays $3.5bn to capture Pokémon Go

It is amongst the highest-grossing mobile games in the world, with 30 million monthly players.

* Saudi Arabia's Public Investment Fund (PIF) has agreed to buy Niantic's gaming division, including Pokémon Go, for $3.5bn (£2.7bn).
* The deal will see Niantic's games, including Monster Hunter Now and Pikmin Bloom, become part of Scopely Inc, a major player in mobile gaming.
* This acquisition marks the latest step by Saudi Arabia to develop its gaming industry, which has invested billions in recent years.
* Pokémon Go remains one of the world's highest-grossing mobile games, with 30 million monthly players and is jointly owned by Nintendo, Game Freak and Creatures.
* Niantic's team will remain responsible for creating and evolving the game under Saudi Arabian ownership.
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