Riyadh - Sharikat Mubasher: Savvy Games Group, the Saudi gaming and esports company owned by the Public Investment Fund (PIF), plans to conclude multibillion-dollar deals with Chinese developers to expand into Asian markets, according to CEO Brian Ward.

This strategic move came after the US studio Scopely, wholly owned by Savvy Games, acquired the games business of Niantic, Ward stated in an interview with the Financial Times.

“We think for the right teams we are significantly better placed than a lot of other competitors, American competitors to offer a home to Chinese developers,” the CEO stated.

He added: “The mandate is to create the world’s number one games and esports company. We are currently the number eight largest games publisher by net revenue, so we have got a way to climb the chart still.”

Savvy Games Group also recently released its first annual report for 2024, highlighting its milestones and pivotal role in advancing the gaming and esports sectors in Saudi Arabia.