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I wonder what Scopely's plan for Niantic is. At first glance, $3.5b seems like a lot for a game division of this size that's on a decline. Like, that's the current equivalent of 5.5 years of its shrinking IAP revenue, which is 90% PoGo.

Take-Two bought Zynga for ~4.5 times its annual revenue just a few years back, and that was a much larger and more diversified mobile gaming factory that posted 42% revenue growth the previous year. I guess Scopely has big ambitions requiring location data?

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It's just more game-washing by the Saudi-fund. Put that blood-and-oil money everywhere and it gets clean faster. At least, that's the plan.

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