While the whole of Southeast Asia is anticipating the launch of Ragnarok X: Next Generation under new publisher Nuverse (the gaming platform under ByteDance, owner of TikTok), Korean developer TikTok is preparing to flood the world with 3 more games…
Kakao Games – Korean social and gaming giant announces games launch roadmap
Kakao Games, the Korean social and gaming giant, released its latest financial results earlier today. We will not be going through numbers since most of its business is still in South Korea, but rather talk about their upcoming games. Despite…
HanbitSoft – Developer secures new funding for Granado Espada M and other businesses
HanbitSoft, the Korean games publisher famous for games such as Granado Espada (Sword of the New World) and AIKA, recently announced it has raised 130 billion Korean Won (around 11.5 million US Dollars) through issuing convertible bonds. The fund will…
Amazon Games – Past failures left behind as Amazon pushes forward with 4th game studio
Amazon Games, formerly known as Amazon Game Studios, today announced it has opened a new game development studio in Montreal, Canada. The Montreal studio, which joins Amazon Games development studios in Seattle, Orange County, and San Diego, will focus on…
Moonton – Mobile Legends studio reportedly acquired by TikTok parent company ByteDance
According to various reports coming from China, ByteDance, the parent company of TikTok, has completed the acquisition of video games developer Moonton. If you did not already know, Shanghai-based Moonton is the developer of hit mobile MOBA title, Mobile Legends:…
Activision Blizzard – Company with USD 8 billion revenue in 2020 fires more employees due to COVID-19
Activision Blizzard, which drew in USD 8.09 billion in revenue for the year ended December 31, 2020, has fired 50 employees earlier today. The reason? COVID-19. The company cites the COVID-19 pandemic’s effects on both the viability of live productions…
Google Play – 15% commission rate for smaller Korean developers on Google Play planned
Amidst complaints from developers and the local authorities, the South Korean unit of Google Inc. has reportedly decided to lower its planned commission rate for smaller app developers. Google Korea reported to parliament’s committee on science and technology that it…
Nexon – Gaming behemoth announces recruitment drive for various new projects
Following the recent announcement of improving employee salaries and providing them with more welfare, Nexon is now on huge recruiting campaign in South Korea to speed up development on their ongoing projects. These positions are a mix of development and…
NCSOFT – New financial increments for employees and new hires announced
NCSOFT today announced its full suite of updated compensation policies in an effort to retain and attract the best talent. Over the weeks, many developers in South Korea have followed the big boys (such as Nexon and Netmarble) in increasing…
Fall Guys – Epic Games acquires studio behind hit game
Epic Games today announced that it has acquired Tonic Games Group, the studio behind the global sensation Fall Guys: Ultimate Knockout. To some extension, Tencent Games now owns Fall Guys since it is the majority shareholder of Epic Games, the…
miHoYo – Rare speech given by co-founder of Genshin Impact studio
A few days ago, the elusive co-founder and CEO of Chinese developer miHoYo, Mr Cai Haoyu, attended a Zoom conference organized by the alumni club of Shanghai Jiao Tong University and talked about his company, most recently in the spotlight…
Riot Games – Recruitment page for League of Legends MMORPG is now live
[Recruitment Page] First announced last year in December, developer Riot Games has officially created a recruitment page for its MMORPG project based on League of Legends and its world, Runeterra. According to the original art available now, players will definitely…
BlueStacks 5 – Beta launches with 40% faster setup speed than previous version
BlueStacks, the pioneer of Android gaming on PC and the world’s leading mobile gaming platform, today launched its biggest update ever – BlueStacks 5 (Beta), a powerhouse of speed and performance. It is a complete rewrite of the product, internally…
Netmarble – Global developer and publisher announces salary increment for all employees
Following in the footsteps of arch-nemesis Nexon, Netmarble recently announced that the average annual salary of current employees, including those in various subsidiaries, will see an increment of 8 million Korean Won (around 7,200 USD) on average. Similar to Nexon,…