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In a recent report, CD Projekt Market Valuation has now reached $8.13 Billion. This means that they are now the most valuable gaming company in Europe because Ubisoft is valued at $8.12 Billion. Moreover, this is a huge increase, considering CD Projekt valuation was just $6.8 in December 2019.
The company had a 21,000% increase in their stocks, and it was the highest increase in the stocks since the Stoxx Europe 600 Index. Moreover, CD Projekt just has a couple of games, so where is the money coming from?
Well, CD Projekt Red is selling a lot of books. After the popularity of Netflix Show, the Company sold more than 500,000 books in the US Alone. Apart from that, they have managed to get a significant increase in Witcher game sales in the past few months. Various reports published from Steam indicated the massive increase in Witcher Games. The recent report indicated that Witcher Games had seen a 554% increase in their sales. Witcher 3 which recently had its 5th anniversary, sold $30 Million Copies. The game also made a debut to Switch.
CD Projekt Red is the most valuable Gaming Company in Europe Only. If you compare it to the likes of American companies like Take-Two, the parent company of Rockstar. Take-Two is valued at $16.13 Billion. Similarly, EA is valued at a whopping $34.34 Billion. Most of the American companies are way ahead of CD Projekt.
Source: GamesFontaine
The company had a 21,000% increase in their stocks, and it was the highest increase in the stocks since the Stoxx Europe 600 Index. Moreover, CD Projekt just has a couple of games, so where is the money coming from?
Well, CD Projekt Red is selling a lot of books. After the popularity of Netflix Show, the Company sold more than 500,000 books in the US Alone. Apart from that, they have managed to get a significant increase in Witcher game sales in the past few months. Various reports published from Steam indicated the massive increase in Witcher Games. The recent report indicated that Witcher Games had seen a 554% increase in their sales. Witcher 3 which recently had its 5th anniversary, sold $30 Million Copies. The game also made a debut to Switch.
CD Projekt Red is the most valuable Gaming Company in Europe Only. If you compare it to the likes of American companies like Take-Two, the parent company of Rockstar. Take-Two is valued at $16.13 Billion. Similarly, EA is valued at a whopping $34.34 Billion. Most of the American companies are way ahead of CD Projekt.
Source: GamesFontaine
