Despite GST hike, e-gaming companies revenue up 12% in FY24
NEW DELHI: Contrary to the concerns raised by online gaming companies when GST rates were raised by govt, the industry’s revenue grew by 12% to $3.8 billion in FY24, even surpassing what was earned by social media companies.According to a report released by gaming VC Lumikai, the growing trend of in-app purchasing (IAP) by players, […]