Indonesian Game Developer Wants To Help Southeast Asian Game Developers

Asian Game Developer Wants To Help Southeast Asian Game Developers

Toge Productions, the Indonesian developer of Coffee Talk, announced the launch of the Toge Game Fund Initiative, which will support Southeast Asian game developers.
The publisher will offer up to $10,000 in funding to Southeast Asian-based developers.
Besides providing financial assistance, the fund will also provide mentorship, consultation, and project management to assist with the creation of prototypes or minimum viable products.
Toge will have the right of first refusal to sign a publishing agreement with any supported projects, but developers will retain ownership of their IP.
“To help marginalized and underrepresented game developers in Southeast Asia turn their game ideas into reality, we want to offer you a safety net so that you can experiment and iterate,” the company commented on Twitter.
Developers who are interested in applying to the Toge Game Fund Initiative can do so at any time, according to the company.

Two More Amazon Executives Have Joined GameStop

The retailer has attracted two more Amazon executives to its leadership team as it announced recently that its new CEO and CFO will both join the online retailer.
Matt Furlong will take over as CEO of the company from his role as head of Amazon’s Australian business. He worked for Proctor & Gamble for a dozen years on brand, marketing, and sales strategy.
A long-time Amazon veteran, Mike Recupero, who most recently served as VP of finance and CFO for the company’s North American consumer business, will join him as CFO. Prior to joining Amazon, I served as a project manager for Hitachi and Koch Industries.
Since February, Amazon executives have been hired into C-level positions at GameStop. Amazon has also recently appointed chief operating officer Jenna Owens and chief growth officer Elliot Wilke, as well as chief technology officer Matt Francis.
In addition to the new appointments, GameStop released its first-quarter sales figures. GameStop reported net sales of $1.28 billion for the 13 weeks ended May 1 compared to $165.7 million in the year-ago quarter, during which COVID-19 was declared a pandemic.
The retailer attributed the increase in net sales to a 12% reduction in its global store base due to closing hundreds of stores and the COVID-19 pandemic causing many more closures in Europe.
In May, net sales grew about 27% year-over-year, the company said, but it does not provide guidance for future results.

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