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What in the World

Why did Saudi Arabia capture Pokémon Go?

Mar 14, 2025
In this engaging discussion, BBC tech reporter Tom Gerken reveals Saudi Arabia's strategic $3.5 billion acquisition of Niantic, the publisher behind Pokémon Go. He explores the reasons behind the Kingdom's massive investments in gaming, driven by a desire for economic diversification. The conversation highlights the booming gaming scene in Saudi Arabia, fueled by government support and shifting social norms. Additionally, Abdirahim Saaed from BBC Arabic shares insights on the PIF's financial power and implications for data privacy in gaming.
13:11

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Saudi Arabia's acquisition of Pokémon Go's gaming division reflects its strategy to diversify the economy away from oil dependence through entertainment investments.
  • The investment in gaming illustrates the kingdom's commitment to modernization and engaging its youth demographic amid broader social changes.

Deep dives

Saudi Arabia's Investment in Gaming

Saudi Arabia's Public Investment Fund (PIF) has made a significant move by acquiring the gaming division behind Pokémon Go for $3.5 billion, reflecting the country's ambition to diversify its economy beyond oil dependence. The PIF, a vast fund with approximately a trillion dollars, has been under the control of Crown Prince Mohammed bin Salman since 2015 and has invested heavily in various sectors, including sports and entertainment. This strategic investment highlights the kingdom's commitment to modernization and economic restructuring, as illustrated by its hosting of high-profile sporting events and its involvement in various gaming acquisitions. These efforts aim not only to bolster the economy but also to create a vibrant entertainment culture for its predominantly young population.

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