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Tech & Innovation
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Grinding Gear Games pays nearly $100m to Chinese owner

West Auckland-founded game studio is now fully owned by Tencent, as it prepares to launch Path of Exile 2.

Grinding Gear Games’ latest title is hotly anticipated.

Will Mace Thu, 24 Jul 2025

West Auckland-based game developer Grinding Gear Games posted a 26% increase in turnover and paid nearly $100 million in dividends to its shareholders last year, as it prepares to release its latest game to the wider public.

Accounts filed to the Companies Office show Grinding Gear reached $105.2m

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Will Mace Thu, 24 Jul 2025
Contact the Writer: william@nbr.co.nz
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Grinding Gear Games pays nearly $100m to Chinese owner
Tech & Innovation,
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