London, November 14, 8:00 a.m. (GMT) — Singapore-based Winking Studios has successfully listed on the London Stock Exchange, marking a historic milestone as the first Asian gaming company to go public in the UK this century. It is also the first gaming company globally to achieve dual listings in both London and Singapore.
Winking Studios’ Founder and CEO Johnny Jan stated, “Today marks a new milestone for Winking Studios. Our listing in London will further support our global ambitions and accelerate our growth. Leveraging the UK’s stature as an international hub for game development and innovation, we are excited to attract more talent and teams to build a comprehensive global platform for game art outsourcing and development services.”
According to an independent research report by renowned market research firm China Insights Consultancy, the growth rate of the global game art outsourcing market has now surpassed that of the global game market, underscoring a clear trend of studios collaborating with specialized partners to enhance development efficiency. Following its successful listing in Singapore in November 2023, Winking Studios acquired art service studios in Taipei and Kuala Lumpur, and established marketing and business development teams in North America and the UK, significantly expanding its global reach. Today, Winking Studios has over 800 employees, serving 22 of the top 25 game development companies in the world. The consultancy’s report ranks Winking Studios as the fourth-largest art outsourcing provider worldwide1.
The London Stock Exchange, established in 1801, is one of the world’s four major stock exchanges and Europe’s largest, known for its robust regulatory framework and prestigious reputation. The exchange has a strong record of hosting leading companies within the gaming services and outsourcing sectors. Winking Studios believes that its listing on the London Stock Exchange will further attract investors from Western capital markets in the fields of technology and innovation, enhancing the international profile of its shareholder structure and laying a strong foundation for deeper expansion into Western gaming markets.
Johnny added, “Although our roots are in Asia, we are, and have always been, a globally minded company. Our aim is to benefit everyone—our employees, clients, shareholders, and all who connect with us globally. The London Stock Exchange’s vast resources will effectively support us in achieving this mission, and we are committed to making this vision a reality.”
1According to the report provided by the market research institution China Insights Consultancy, based on the calculation of global game art outsourcing revenue for the year 2023.
