Clash of Clans maker profit up despite Pokemon challenge


  • TECH
  • Wednesday, 15 Feb 2017

Good year: Supercell co-founder and CEO Ilkka Paananen at the company's headquarters in Finland, 2016. Supercell's core profit rose 8% last year. — Reuters

HELSINKI: Supercell, the maker of hit mobile game Clash Of Clans, said on Feb 15 sales growth stalled last year due to competition from new challengers such as Nintendo Co's Pokemon GO, though earnings rose.

The Finnish company, majority owned by China's Tencent Holdings Ltd, said profits benefited from lower spending on advertising and the successful launch of its latest game, Clash Royale.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Robinhood set to report highest quarterly revenue since meme stock frenzy
Apple unveils new AI-focused chip in upgraded iPad Pro
US consumer watchdog fines Chime $3.25 million for delaying refunds
OpenAI to launch tool to detect images created by DALL-E 3
Investopedia-owner Dotdash Meredith signs content license deal with OpenAI
GlobalFoundries forecasts Q2 revenue, profit above estimates on chip market recovery
Tesla Autopilot probe escalates with US regulator’s data demands
How the EU transformed tech
Nigeria sets dangerous precedent by detaining Binance execs, CEO says
Online retailer Zalando returns to growth thanks to premium brands

Others Also Read