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On June 22, 2023, Nexters Inc. restructured into the holding GDEV, becoming the largest wholly-owned subsidiary of GDEV along with current
Nextersβ subsidiaries Cubic Games and Dragon Machines. More studios are to be added in the future. As a consequence, GDEV replaced Nexters as the publicly-traded
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On
February 28, 2022, the Nasdaq halted trading the stock of Nexters and four Russia-based companies. The halts were due to regulatory concerns as the stock exchange sought more information following economic sanctions imposed on Russia because of its invasion of
309:(FCFE) in 2020. As of 2020, 35% of the company's net bookings came from the United States, 23% from Europe, and 19% from Asia Its flagship product, Hero Wars RPG, was downloaded 36 million times in 2020 on
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development studio. Not long after, Crazy Bit and
Progrestar began a partnership. Both teams moved into a new, shared office space and would regularly share best practices and hold cross-company events.
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In
January 2022, Nexters said it planned to acquire Cubic Games for $ 70M, 48.8% of MX Capital Limited (RJ Games) for $ 15M, and 49.5% of Castcrown Limited (Royal Ark) for $ 4.95M.
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deal with Kismet
Acquisition One Corp. The merger valued Nexters at $ 1.9 billion. On August 27, 2021, Nexters went public on Nasdaq under the ticker GDEV.
230:. The company story dates back to 2010 when Andrey Fadeev and Boris Gertsovskiy met. The company is best known for its misleading ads for the mobile games
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development studio, when he first met Boris
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In 2016, Nexters established its new headquarters in Cyprus. At the same time, they also released
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In 2014, Fadeev and
Gertsovskiy decided to form Nexters. This led to Nexters' first release,
632:"Russian mobile game publisher Nexters will go public via a SPAC at $ 1.9 billion value"
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246:. Nexters is one of the top five independent mobile game companies in Europe.
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654:"Π ΠΎΡΡΠΈΠΉΡΠΊΠΈΠΉ ΡΠ°Π·ΡΠ°Π±ΠΎΡΡΠΈΠΊ ΠΈΠ³Ρ Nexters Π²ΡΠΉΠ΄Π΅Ρ Π½Π° Π±ΠΈΡΠΆΡ Ρ ΠΎΡΠ΅Π½ΠΊΠΎΠΉ $ 1,9 ΠΌΠ»ΡΠ΄"
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at the end of the year the company soft-launched the new casual game
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On March 16, 2023, the Nasdaq resumed trading the stock of
Nexters.
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By 2012, Gertsovskiy had become the
President of Crazy Bit, also a
238:, which attracted regulatory scrutiny in Germany due to the use of
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Nexters generated $ 318 million in bookings and $ 120 million in
698:"NYSE, Nasdaq halt trading in stocks of Russia-based companies"
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In
February 2021, Nexters announced it would go public on the
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679:"Nexters ΠΊΡΠΏΠΈΡ 100% ΠΈΠ·Π΄Π°ΡΠ΅Π»Ρ ΠΈΠ³Ρ Cubic Games Π·Π° $ 70 ΠΌΠ»Π½"
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562:"Werberat rΓΌgt sexistische Reklame fΓΌr Videospiele"
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46:. Unsourced material may be challenged and removed.
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242:in ad campaigns on social media platforms such as
255:In 2010, Andrey Fadeev was running Progrestar, a
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785:Video game companies established in 2010
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331:In 2021, in addition to the released
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44:adding citations to reliable sources
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790:Video game development companies
601:Anastasia Karpova (2020-09-29).
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780:Companies listed on the Nasdaq
652:Irina Yuzbekova (2021-02-01).
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770:2010 establishments in Cyprus
630:Dean Takahashi (2021-02-01).
269:In 2013, Progrestar released
696:McCrank, John (March 2022).
539:. 2023-04-04. Archived from
339:. Nexters plans to launch a
118:Cypriot video game developer
775:Companies based in Limassol
152:; 14 years ago
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307:free cash flow to equity
568:(in German). 2023-05-16
40:improve this article
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141:Video game industry
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480:Farming Adventure
460:Farming Adventure
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341:match-3-style game
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722:. March 15, 2023.
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545:. Retrieved
541:the original
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456:Chibi Island
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433:Fantasy RPG
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264:social games
257:social games
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182:Headquarters
127:Company type
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96:January 2022
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38:Please help
33:verification
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485:Web Browser
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764:Categories
664:2021-04-11
638:2021-04-11
613:2021-04-11
572:2024-06-25
547:2024-08-01
519:References
347:, in 2022.
131:Subsidiary
66:newspapers
683:ΠΠ½ΡΠ΅ΡΡΠ°ΠΊΡ
429:Hero Wars
403:Strategy
384:Platform
293:Hero Wars
236:Hero Wars
55:"Nexters"
438:Facebook
415:Facebook
354:Ukraine.
275:Facebook
244:Facebook
224:Limassol
205:.nexters
187:Limassol
165:Founders
137:Industry
716:"NYSE,"
702:Reuters
411:Android
315:Android
300:Playrix
250:History
216:Nexters
198:Website
155: (
147:Founded
122:Nexters
80:scholar
720:Nasdaq
387:Notes
381:Genre
378:Title
324:via a
322:Nasdaq
228:Cyprus
192:Cyprus
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495:2023
472:2021
452:2021
425:2016
395:2013
375:Year
366:Games
218:is a
87:JSTOR
73:books
508:TBD
390:Ref
326:SPAC
313:and
277:and
234:and
207:.com
157:2010
150:2010
59:news
407:iOS
311:iOS
203:www
42:by
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