Launch in India Creates Incremental Long-term Revenue Opportunity
SAN FRANCISCO – January 3, 2022 – Skillz (NYSE: SKLZ), the leading mobile games platform bringing fair and fun competition to players worldwide, today announced the platform’s recent launch in India, with a live pilot for players, as the company continues scaling its global footprint in the esports sector.
Players in the region will soon be able to deposit in rupees in the free download title Diamond Strike, a Skillz-owned and operated game and platform, to pilot the latest innovations and features. For the first time, players can compete in a localized experience against other players located in India. With this initial release, the company will collect player feedback and insights to hone the experience before rolling it out to additional games on the Skillz platform.
Launching in India is an important step on the journey to capturing the international revenue opportunity, and provides a template to launch in other markets in the future. Skillz does not currently include any revenue from India in its previously provided revenue guidance.
About Skillz Inc.
Skillz is the leading mobile games platform that connects players in fair, fun, and meaningful competition. The Skillz platform helps developers build multi-million dollar franchises by enabling social competition in their games. Leveraging its patented technology, Skillz hosts billions of casual esports tournaments for millions of mobile players worldwide, and distributes millions in prizes each month. Skillz has earned recognition as one of Fast Company’s Most Innovative Companies, CNBC’s Disruptor 50, Forbes’ Next Billion-Dollar Startups, and the #1 fastest-growing company in America on the Inc. 5000. www.skillz.com
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Source: Skillz Inc.