GREE International Entertainment, Inc. GREE, Inc. (“GREE”) is a global leader in building top-quality, high engagement free-to-play mobile games. GREE’s annual revenue run rate is over $1 billion, and the Company has a market cap of $1.4 billion with over $500 million available in cash and cash equivalents.
GREE International, the division leading GREE’s charge into the Western market, was formed in 2011 and rapidly achieved international success, with revenue growth of 350% and a cumulative lifetime revenue quickly approaching $500 million. GREE International is a world leader in the hugely popular role-playing and strategy game genres and its highly successful titles, including Modern War,Crime City, and War of Nations, have been downloaded over 130 million times. In addition to developing its own high-quality mobile games in San Francisco, GREE International developed in collaboration with IUGO the worldwide hit Knights & Dragons. Knights & Dragons earned over $80 million in revenue in its first two years, making it one of the most profitable co-development relationships in the mobile games industry.
GREE International is currently expanding its operating reach to Europe, Russia, Turkey and Latin America and