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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting

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Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

Pokemon Go Tops $1 Billion in Revenue

By
Dean Takahashi
Dean Takahashi
and
VentureBeat
VentureBeat
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By
Dean Takahashi
Dean Takahashi
and
VentureBeat
VentureBeat
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February 1, 2017, 4:51 PM ET
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Pokémon Go has grossed over $1 billion in revenue since it was launched on July 6 last year, according to measurement firm Sensor Tower.

In less than seven months, Niantic’s mobile game on iOS and Android has become the fastest-growing mobile game in history in revenues.

By comparison, Sensor Tower said Supercell’s Clash Royale, which is itself closing in on $1 billion spent in-app by players, was released nearly 10 months ago, on March 2, 2016. In its first seven months, it grossed approximately $550 million worldwide.

Back in July, Pokémon Go had a day where it grossed more than 18 million. More recently, it has made about $1.5 million to $2.5 million per day. And it can spark revenue growth through one-time events such as its Halloween promotion.

App Annie, another market research firm, estimated that Pokémon Go hit $950 million in revenue by the end of 2016. Here’s a fireside chat I did with Niantic’s Archit Bhargava at CES 2017 earlier this month.

This article originally appeared on VentureBeat. All rights reserved.

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