owned Scopely takes majority stake in Turkey’s Loom Games in $1B deal
owned Scopely takes majority stake in Turkey’s Loom Games in $1B deal is drawing significant interest across the industry.
Saudi-owned mobile gaming giant Scopely is doubling down on its global expansion strategy with a majority investment in Istanbul-based Loom Games, a deal that values the Turkish studio at more than $1 billion. The transaction turns Loom into Türkiye’s seventh unicorn and adds fresh momentum to Saudi Arabia’s push to position itself as a serious
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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