G5 Entertainment is a Swedish video game developer that produces free-to-play mobile games.[1]
| Company type | Public |
|---|---|
| |
| Industry | Video games |
| Founded | 2001 |
| Headquarters | , |
Key people | |
| Website | g5 |
History
G5 Entertainment was founded by Aleksandr Tabunov, Sergey Shults and Vlad Suglobov.[2] In 2006, the company went public on the Nasdaq Nordic exchange under the ticker G5EN.[3][4] In 2021, the company had grown significantly since it was founded.[5][6]
In 2006, the group started developing PC games and then went on to release mobile games such as Supermarket Mania and Virtual City.[7][8] The games were later launched on the Apple App Store.[9] Developed by the company, Mahjong Artifacts, was eventually adapted into a free game called Mahjong Journey.[10][11]
In 2024, G5 Entertainment was included in the Europe’s Long-Term Growth Champions ranking in Financial Times report.[12]
Games
G5 is primarily active in the mobile games market.[2][13] In 2011, G5 released Virtual City Playground, their first game with freemium monetization.[14]
As of 2018, their title Hidden City was responsible for most of their revenue, and represented a majority of the market share for hidden object games.[13][15] However, later that year, analyst Daniel Zetterberg reported that the game's revenue had passed its peak.[16] After Hidden City, which had been licensed from another developer, G5 focused more on their own game development.[17]
Games published by G5 Entertainment include: Sherlock, Jewels of Egypt, Jewels of the Wild West, Hidden City, Jewels of Rome, Mahjong Journey and The Secret Society.[18][19][20][21]
References
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