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{{Short description|Swedish video game company}}
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Revision as of 08:26, 14 December 2023

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

G5 Entertainment, also known as G5 Games, is a developer and publisher of free-to-play adventure and puzzle games.[1][2] They are headquartered in Stockholm, Sweden.[2] The company has been trading publicly in Stockholm since 2006 and New York since 2019.[3][4][5]

History

The company began in Moscow in 2001, initially established as a game development company.[6]

In October 2006, G5 Entertainment AB began trading on the Nordic MTF exchange in Stockholm, using the trading symbol G5EN.[7][2][4]

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.[2]

Games

G5 is primarily active in the mobile games market. Their games primarily target older women.[8]

In 2011, G5 launched its first free-to-play mobile game, Virtual City Playground.[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]

References

  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 c d "Swedish Gaming Firm Upended by War Opens New Hubs Across Europe". Bloomberg.com. 22 June 2022. Retrieved 7 December 2023.
  3. ^ Placement, Paid (9 February 2023). "G5 Games Opened an Office in Georgia • Forbes Georgia". Forbes Georgia. Retrieved 7 December 2023.
  4. ^ a b "Sweden Gaming Stocks Crowned Lockdown Winners, With More to Come". Bloomberg.com. 21 December 2020. Retrieved 7 December 2023.
  5. ^ "G5 Entertainment AB". Reuters.
  6. ^ "G5 Entertainment Profile - Redeye". www.redeye.se. Retrieved 7 December 2023.
  7. ^ Babaev, Sergey (11 July 2016). "«Если есть что-то постоянное в игровой индустрии, то это непрерывное изменение условий работы» — Gamedev на DTF". DTF. Retrieved 7 December 2023.
  8. ^ a b Jon Jordan (31 May 2018). "G5 Entertainment CEO on the focus driving its success in hidden object games and beyond".
  9. ^ Jordan, Jon (2 January 2012). "2011 in review: Vlad Suglobov, CEO, G5 Entertainment". pocketgamer.biz. Retrieved 7 December 2023.
  10. ^ "The "King" of its niche". redeye.se. 8 June 2017.