Bobby Kotick's March to Victory: Bobby Kotick's Latest Diplomatic Actives
Activision Blizzard, Inc. (NASDAQ: ATVI) stock rose 7% in the last three months of 2017 and has been on a steady climb since then, with no sign of slowing down. The reason for this is their CEO and founder, Bobby Kotick’s latest diplomatic actives. Activision sees the intense trading day as they continue to grow internationally through acquisitions such as King Digital Entertainment and Nexon Company Ltd., which was announced Wednesday morning.
The article also mentions Activision Blizzard’s CEO, Bobby Kotick, in an original title that references his recent diplomacy events with Korea and China. Kotick has been busy making deals with these countries to secure new markets for the Activision Blizzard brand. This is a continuation of the plan he set in motion in 2017, including expanding their games to China and Korea.
In an interview with Bloomberg, Bobby Kotick stated, “China will be our largest market outside the United States.” The article ends with a video interview from Kotick’s visit to China, saying that Activision Blizzard is “committed” to the country.
Bobby Kotick’s latest diplomatic actives have been bringing in new opportunities for the company, and it will be interesting to see what their year will bring them. This includes an upcoming conference call about their upcoming quarter earnings, held Thursday at 11:00 AM EST.
Activision Blizzard, Inc. (NASDAQ: ATVI) stock has been on a steady climb since their last earnings report in October 2017 due to the company’s consistent growth worldwide, thanks mainly to Bobby Kotick’s latest diplomatic actives. The Activision CEO was recently seen at an event with China and South Korea, where he spoke about further expanding the company’s reach in these countries.
Kotick also visited China back in 2017 as part of his plan to expand their games into the region, and it looks like those efforts are starting to pay off. The Activision Blizzard CEO has been quoted saying that “China will be our largest market outside the United States.”