Korean developer Vespa Interactive, the team behind the super-popular mobile RPG King’s Raid, recently announced its financial numbers for the 3rd quarter of 2019 (from July to September). In all, this 3-month period recorded sales of around USD 15 million,…
Summoners War – The Walking Dead creator hired to strengthen game lore
Earlier this month, Com2uS announced its financial report for the 3rd quarter of 2019 (July to September) and posted drops in overall profits. Still, it is not enough to really affect the mobile games developer and its grand plans for…
NCsoft – Updates for several game sequels mentioned in quarterly financial call
As you might have already known, industry heavyweights such as Nexon and NCsoft are skipping G-Star 2019. However, they cannot escape the quarterly financial call where they are obliged to answer questions from investors. NCsoft recently revealed their financial results…
Korean Game Awards 2019 – Winners announced for annual awards ceremony
Every year on the night before G-Star begins, the games industry gather for the Korean Game Awards to celebrate the year’s greatest games, companies, and people. Last night was the night, and to no one’s surprise, Lost Ark from Smilegate…
Mobile Legends: Bang Bang – Facebook threatens action against creators from attending world championship
While I am not an avid fan of Mobile Legends: Bang Bang (MLBB), I do understand how big the mobile MOBA is in Southeast Asia, hence this news caught my attention. According to reports, Facebook Gaming is threatening actions against…
Vainglory – Developer ditches struggling MOBA title and gets funded for second title
It was announced recently that developer Super Evil Megacorp has received a funding of USD 10.5 million to work on its second game, Project Spellfire. The team behind MOBA title Vainglory will aim to launch it in 2020. Despite Vainglory…
Play By We – WeWork preparing new business unit to take on esports
WeWork, the space rental “startup unicorn” which calls itself a technology company and is losing over USD 2 million daily, is setting up a new esports subsidiary. As uncovered by Bloomberg, this unit is trademarked as “Play By We”. This…
Korean Game Awards 2019 – Only 1 PC game is nominated for annual award
With the whole gaming industry shifting away from PC games, it is no surprise that only 1 was nominated for the annual Korean Game Awards. As the title revealed, Lost Ark is the game, and we do have a funny…
Pearl Abyss – Live-stream scheduled for G-Star 2019 to introduce all new projects
Pearl Abyss today announced that it will hold a live-stream titled “Pearl Abyss Connect 2019” on 14 November, the first day of G-Star 2019, to introduce all its new and upcoming game projects. The house which made Black Desert Online…
Alliance of Valiant Arms – Popular online FPS finds a new owner
Previously, we talked about the financial distress South Korean developer Red Duck was in due to mismanaged projects. The studio’s most prized asset was Alliance of Valiant Arms, otherwise known as A.V.A, an online shooter which is popular in many…
League of Legends – Mobile version rumored to be announced in live-stream tomorrow
With Riot Games having a 10th anniversary live-stream tomorrow for its global community, including a localized one in China, the rumor mill was in full swing for the past few weeks. We are of course talking about a mobile version…
Netmarble – Gaming giant invests US$1.3 billion in water purifier rental firm
South Korea mobile gaming giant Netmarble was chosen earlier today as the preferred bidder for a 25% stake in water purifier rental firm Woongjin Coway valued at US$1.3 billion. It is the latest move by Netmarble, which holds more than…
ArenaNet – Iconic co-founder Mike O’Brien departing Guild Wars studio
[Source] It was announced earlier today that Mike O’Brien, the co-founder and former President of Guild Wars developer ArenaNet, is leaving the company. He will move on and form a new studio with his friends next week with the aim…
Korean Gaming – Politician unhappy with China companies operating from abroad
If you did not already know, the South Korean government is very protective of its gaming industry for both imports and exports. So much so, a games exhibition was held last week to get politicians to try out games and…