What is the revenue of chess com?

They have more than 100 million users, and 10 million games are played on the platform daily. They have grown to over 400 employees, all of which have worked remotely from day one, and it's estimated that the company finished 2022 with about $100 million in annual revenue.

Does chess com make profit?

So, I assumed that on average, 50% of the premium users are online on any given day, doubling the # of premium users to 1,382,400. Taking the numbers above, the revenue of Chess.com in any given year is $121,190,400. A company in this industry has a net profit margin of anywhere between 15% and 25%.

How much is chess dot com company worth?

In August 2022, the Play Magnus Group accepted an offer to be acquired by Chess.com at a value of 800 million kr (US$80 million). The Play Magnus Group owns brands and businesses including the chess server chess24, the mobile app Play Magnus, the Champions Chess Tour, and the chess improvement website Chessable.

Who is chess com owned by?

Erik Allebest is the founder of Chess.com., the world's largest chess community.

Who is the richest chess com?

The richest chess players in the world are Hikaru Nakamura and Magnus Carlsen, who each currently have a net worth of $50 million. Both players made their fortunes through chess tournaments and outside business ventures.

Using Chess.com: How To Use Your Affiliate Status To Earn Revenue

Did Magnus buy chess com?

Play Magnus Group, a leader in chess learning and entertainment, has completed its sale to Chess.com, the world's largest chess website. The proposed acquisition was initially announced on August 24, 2022 and was unanimously recommended by the board of Play Magnus Group.

Who is No 1 on chess com?

GM Magnus Carlsen 2853 | #1

GM Magnus Carlsen is the current world chess champion.

Is chess com bigger than FIDE?

In online the chess.com rating is probably 200-300 points higher than FIDE ratings. In live chess for anyone rated below 1800 FIDE they are almost spot on. The higher your FIDE rating the greater the chance your chess.com rating is increasingly more inflated.

How much was chess com sold for?

And it was during my time there where I designed Chess.com... (read more here). Anyway, that's the story. TL;DR - I got the Chess.com domain name out of bankruptcy for $55,000 in 2005.

How does chess com detect cheating?

Chess.com openly uses machine learning to predict which moves might be made by a human in any given position. In fact, it has different models of individual famous chess players, and you can actually play against them. Presumably, similar models are used to detect cheating.

How many people are on chess com?

Also info about premium members would be fantastic, but not necessary! I don't have those statistics in front of me, but last I heard chess.com has roughly 90 million accounts and roughly 20 million "active members." For this definition, I believe "active" means "has played a chess game within the last 90 days."

What is the richest chess set in the world?

The Jewel Royale chess set is the most expensive and exquisite game set in the world, valued at over $9.8 million. It's constructed of gold and platinum and is adorned with diamonds, emeralds, rubies, pearls, and sapphires.

How much did Play Magnus sell for?

Chess.com has agreed to acquire world champion Magnus Carlsen's Play Magnus Group for $82.9 million.

What is the largest chess website in the world?

The first chess website, which allowed playing through a graphical interface, was Caissa.com (known at the time as Caissa's Web) which launched in 1995. Since then, a number of chess websites have been developed. These include Chess.com, Lichess, and chess24, which are the largest chess websites as of 2021.

Is 1150 a good chess rating?

Intermediate players (typically have played a good amount but never studied the game) are 1150-1400. At 1400, you will beat almost any casual adult player. Advanced and good tournament players 1400-1700.

What is the average ranking of chess com players?

Here's a link for more details. In case anyone's still wondering nowadays, the average chess player on chess.com would be in the fiftieth percentile, which is 800 elo. If you make it to 1300 today, you're in the top 10% of players.

What is the IQ of Garry Kasparov?

The score of Garry Kasparov's IQ was 135.

This was according to a series of tests designed to test his memory, abstract reasoning and spatial ability. When it comes to Garry Kasparov's IQ, it's clear he was a very gifted man, but he doesn't hold the record for the highest IQ to date.

What does Elo stand for?

Electric Light Orchestra - they were a popular band 50 years ago. The chess world decided to pay tribute to them and adopted elo as a way to measure performance.

Why was Magnus banned?

And Magnus's sudden turn to a life of crime, shockingly enough, is not the reason he was banned from Peru either. The High Council of Peruvian warlocks meet in secret, and a letter is sent to Magnus several months later announcing that he has been banned from Peru, on pain of death, for "crimes unspeakable".

Why did Magnus leave chess com?

I guess he got tired of having to create new accounts. He could always resort to playing younger versions of himself at his own app! He got a Flimsy link to another site and that's where he went. Because he has a pecuniary interest in a competitor to chess.com.

What is Magnus Carlsen's lichess name?

And so the name @dannythedonkey . Probably Carlsen had fever then so he go a doctor named Nykterstein and after feeling well, he was so grateful that he named the doctor in his Lichess username!

How many chess millionaires are there?

There are around 1700 chess Grandmasters in the world that are still alive. Only three of them have become rich from playing chess. World champion Magnus Carlsen and former world champions Garry Kasparov and Vishy Anand.