Tag: Business

Nexon – Gaming giant acquires 100% stake in Korean developer

According to media outlets from South Korea, Nexon has acquired a 100% stake in domestic developer Ngine Studios. No financial numbers have been revealed...

Nexon Korea – Gaming giant restructures internal teams into 7 studios

Nexon Korea recently announced it has re-organized its internal development teams, and have officially granted the 7 internal studios independence from the head office...

NetEase – Chinese developer preparing to sue copycats of their battle...

In a twist to the storyline, after PUBG Corp officially sued Chinese developer NetEase for cloning PlayerUnknown's Battlegrounds, NetEase today instead issued a statement...

PUBG Corp – Lawsuit filed against NetEase over PUBG clones

PUBG Corp, the new entity setup last year by developer Bluehole to oversee everything related to PlayerUnknown's Battlegrounds (PUBG), recently filed a lawsuit...

Nexon – Gaming giant fined for using gacha function to cheat...

A few months back, Nexon got into trouble with the Fair Trade Commission, a local Korean government office, as the gaming giant did not...

Pearl Abyss – Counter-Strike creator joins Black Desert studio to work...

Minh Le, known to many as Gooseman, is off to pursue new adventures. The legendary game creator that helped bring one of the most...

Bluehole – PUBG developer announces record profits for 2017

According to recent reports from South Korea, developer Bluehole achieved a total revenue of around USD 630.7 million for the year of 2017, with...

Luminous Productions – FFXV director helms new AAA studio under Square...

Earlier today, Square Enix announced the formation of Luminous Studios, an in-house development unit led by Hajime Tabata, the director of Final Fantasy XV....

Tencent Holdings – Over USD 10 billion profit achieved for year...

Tencent Holdings Limited, the largest IT company in China, recently announced its financial results for the year of 2017. While you may have known...

Bluehole – Korean giant buys over local developer Red Sahara Studio

Thanks to the global success of PlayerUnknown's Battlegrounds, Bluehole is now one of the richest and most recognized gaming company in the world. The...