Leading gaming company
Take-Two Interactive (TTWO) is one of the largest gaming publishers in the world. It continues to actively invest in emerging platforms (mobile), business models (esports), and geographies (China and emerging markets).
Take-Two Interactive’s franchises are a hit among players. It has a strong gaming portfolio across genres such as shooters, sports, action, strategy, and role-playing games.
Growth via acquisitions
Apart from its key gaming titles, TTWO has experienced revenue growth via acquisitions. In 2017, it acquired Social Point for $250 million. Social Point is one of only six publishers to have at least two games among the annual 100 top-grossing mobile games simultaneously.
A primary reason TTWO keeps developing world-class titles is that its creative team has grown from 1,100 employees in 2007 to 3,400 as of 2018. Its creative team has an enviable track record. TTWO has two of the highest-rated titles for Xbox One and PlayStation 4. It also has four of the ten highest-rated titles for Xbox 360 and PlayStation 3.
Industry leading IP
TTWO has over 60 multimillion-unit-selling titles. The company has published 11 series with individual titles that have sold over 5 million units. It also has three top-100-grossing mobile games.
The Grand Theft Auto franchise has sold over 290 million units. Grand Theft Auto V has sold 110 million units and topped $1 billion in retail sales faster than any entertainment release in history.
Digital sales have been increasing at a significant pace over the years. TTWO’s digital sales rose at a compound annual growth rate of 52% between 2012 and 2018.