CD Projekt Red is The Second-Biggest Video Game Company in Europe

February 24, 2020
CD Projekt Red is The Second-Biggest Video Game Company in Europe

CD Projekt Red is now the second-biggest video game company in Europe in terms of its market valuation. The only company that’s ahead of it is Ubisoft, whose valuation is somewhere between $8.5 and $9.5 billion.

According to this Reddit post, CD Projekt Red’s market valuation has surpassed $8 billion. Just about a month ago, the company was valued at $6.8 billion, but after the launch of the Witcher 3 on Nintendo Switch and the success of the Netflix show, its value has rocketed.

In September, CD Projekt Red is supposed to release the highly-anticipated Cyberpunk 2077 which is expected to be a huge hit too.