Third-quarter investment in mobile games rises as backers smell revenue

10/10/2013 | All Things D

Third-quarter investment in mobile game applications rose 35% year over year to $876 million, according to Digi-Capital. After a period of flagging interest following Zynga's IPO, investors are back as the gap between the revenue produced by game apps and nongame apps widens. Digi-Capital estimates game revenue will constitute 72% of the total this year while nongame revenue appears to be leveling.

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