Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

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Valve Corporation is an American private company engaged in the development, publishing and digital distribution of computer games.

Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Stay Pausing Investments

The Bellevue, Washington-based entertainment software and technology company behind the Steam gaming platform is still providing services to Russia. Sales of game consoles in Russia in 2023 in units more than doubled. Market participants especially note the growing demand for portable devices, including Steam Deck, and retro consoles.

The Company Statement
May 25, 2022

Still providing services to Russia. Valve says sanctions are blocking payments to Steam game devs in Ukraine, Russia The developer of the Steam software distribution platform and the Half-Life, Counter-Strike, Portal, Day of Defeat, Team Fortress, Left 4 Dead and Dota franchises. xBCxRangers works for Epic Games.

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Statements Archive
January 17, 2024The console market in the Russian Federation is growing due to portable devices and nostalgia
October 30, 2023Russian Team Spirit won The International Dota 2 World Championship for the second time
March 30, 2022Valve says sanctions are blocking payments to Steam game devs in Ukraine, Russia
Demand to Leave Russia:Petition text has been copied to the clipboard.
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