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Home / Technology / Fortnite sends Epic Games to a $ 3B profit in 2018: Report

Fortnite sends Epic Games to a $ 3B profit in 2018: Report



It was an epic year for the makers of Fortnite.

Epic Games grossed a $ 3 trillion profit for this year fueled by the continued success of the game Fortnite, a source with knowledge of the business customs TechCrunch

Epic did not respond to a request from TechCrunch

Fortnite, which is free to play, but makes money selling digital items, has been the standout title for the US-based game publisher.

This is September, Epic commanded a valuation of nearly $ 1

5 trillion, accoridng to the Wall Street Journal, as marquee investors like KKR, Kleiner Perkins and Lightspeed piled on in a $ 1.25 billion round to grab a slice of the red-hot development firm. 19659003] China's Tencent, the maker of blockbuster chat app WeChat and a prolific games firm in its own right, became the first outside investor in Epic's business back in 2012 when it injected $ 330 million in exchange for 40 percent stake in the business. 19659003] B Acc then, Epic was best known for Unreal Engine, the third-party development platform that operates silently today, and top-selling titles like Gears of War.

As a private company, Epic keeps its financials closely guarded. [19659003] Fortnite is a cross-platform title that supports PlayStation, Xbox, Switch, PC, Mac, Android and iOS.


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