Company Behind Pokémon Worth Almost $4 billion

Published on 22 Jan 2019, 1:24
According to Business Insider, Niantic, the developer of "Pokémon Go" and the similar upcoming game "Harry Potter: Wizards Unite," has announced that the company is valued at "almost $4 billion. CEO John Hanke has revealed that Niantic has a positive cash-flow stream, and the money is helping it prepare for a possible road towards an IPO. The CEO of Niantic John Hanke has said that the company didn't necessarily need the money, since Pokémon Go has brought in over $2 billion of revenues since its 2016 launch.

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