6 ms·
Probably having a hard time thinking straight with all the piles of money around them?
by rolobio 5y ago
Probably having a hard time thinking straight with all the piles of money around them?
- brundolf 5y agoTheir massive, important new market for expansion just got a whole lot smaller
- rolobio 5y agoThis only effects children. Plenty of room to expand into adults, for now.
- blibble 5y agothey've lost 50% of their users in 4 years and this was before the recent PR disaster
- jayd16 5y agoProbably has little to do with China.
- blibble 5y agowhich is why this decision will be such a blow they made the calculation that losing some percentage of their western markets to appease the CCP was worth it and now they're going to lose that too couldn't happen to a group of nicer people
- mbesto 5y ago> they've lost 50% of their users in 4 years Blizzard maybe, but Blizzard is owned by ATVI and are still growing top line revenue QoQ: https://www.reuters.com/companies/ATVI.OQ/financials/income-statement-quarterly https://www.reuters.com/companies/ATVI.OQ/financials/income-... So, yes the company is technically still in "piles of cash" ($2.8B net cash from operations in 2020 for example).