CD Projekt has finally beaten Ubisoft in terms of market cap, now they just need to keep growing to show other companies how it's done.
A few months ago we discussed the fact that CD Projekt was the second-largest European game company. Ubisoft was only just beating them. Now, CD Projekt has finally overtaken the competition.
The Poland-based studio, owners of GOG, are now worth more than any gaming company in Europe. Once again, I feel the need to reiterate that this is a good thing for the gaming community.
If there’s anything that you can say about CD Projekt, it’s that they’re consumer-friendly. They run an entirely DRM-free storefront to make getting games more convenient. That same storefront also acts as a conservation platform for older games.
That doesn’t even begin to delve into the refund-policy changes and the well-balanced corporate policy. In short, they’re a great company for the community.
Since they’re now worth more than Ubisoft, one of the biggest companies in gaming, it might start to put pressure on those bigger companies. After all, if they can be so successful without being anti-consumer, what excuse do people like EA have?
While this is great news, there’s still a way to go for CD Projekt. They’re now worth $8.13 Billion, which is a lot. But, it’s not so much when compared to the biggest gaming companies like Nintendo or Activision that are worth around the $50 Billion mark.
If CD Projekt can approach that level of market cap, and still retain its consumer-friendly corporate policy, then they could become one of the biggest forces for good in the games industry.
Of course, that is a world away from where they are right now. They’d have to keep up their rapid rate of growth for a while longer to match Activision. Not that it’s impossible. But as a company gets bigger it almost certainly becomes harder to control.
If CD Projekt changes hands, will it still be the company we know and love today?
Last modified: September 23, 2020 1:57 PM