Since launching worldwide, Epic Seven has enjoyed tremendous success such as breaking into the top 10 grossing charts on both Google Play and App Store. These countries include North America, Singapore, Taiwan, and more. Today, it was announced that publisher…
Com2uS – Mobile games giant acquires majority stake in story games studio
Korean mobile gaming giant Com2uS recently announced it has acquired a 51.9% majority stake in local developer Day7 in an effort to expand its business portfolio. Day7 has over 30 published mobile games, mostly targeting female audiences and casual gamers.…
Nexon – No new PC games planned for 2019 outside of South Korea
Yesterday, big Korean game companies such as NCsoft and Nexon announced their financial reports for the 4th quarter of 2018 and also for the year. In Nexon’s latest presentation slides to shareholders, it was revealed that there are no PC…
Activision Blizzard – Game giant confirms around 800 jobs are being cut
With rumors having started about a massive layoff started a few days back, today Activision Blizzard confirmed that it is cutting away around 8% of its global workforce, around 800 headcount. This news came despite Activision Blizzard announcing the financial…
NCsoft – Mobile gaming is key as sales occupy 66% of quarterly total
For the 4th quarter of 2018 (October to December), sales from NCsoft’s mobile games contributed a massive 66% of the company’s total sales. You might be surprised, given that NCsoft doesn’t really have that many mobile games with just 4…
Netmarble – Mobile gaming giant announces its bid to control Nexon
Following Kakao’s announcement, Netmarble has also revealed its takeover plans for rival Nexon. While both companies have had some bad blood in the past, it eventually all boils down to the numbers. Interestingly, Chinese internet giant Tencent, another potential bidder…
Digital Extremes – Warframe developer nabs Meitu as new China investor
Meitu is well-known overseas for its slew of selfie apps such as MakeupPlus (美图秀秀) with over 50 million downloads, while in the domestic market of China it also makes several smartphone models. Recently, Meitu announced it was looking into expand its…
Kakao – Korean internet giant looking at Nexon takeover possibilities
As you might have read previously, Nexon is in discussions internally about selling itself to the highest bidder. This is mostly due to the biggest shareholder possibly looking to cash out and leave the company. While China tech giants such…
Tencent – New regional gaming headquarters confirmed for Hainan Island
Just when you thought that Tencent is already a household games brand in its native China and has already covered the whole country, the mega internet giant announced it is going to build a new headquarters in Sanya to oversee…
League of Legends – New company formed to oversee and expand esports business in China
Yesterday, Tencent and Riot Games announced they have formed a new company in China to oversee all esports related operations and businesses for League of Legends in the country. Known as TJ Sports (腾竞体育) and registered on 4 Jan 2019,…
Blizzard Entertainment – Former president Mike Morhaime set to leave company April 2019
[Source] At BlizzCon 2018, former Blizzard Entertainment president and one of the company’s founders (known as Silicon & Synapse back then) Mike Morhaime announced he is stepping down from his role and will remain as a Strategic Advisor. This move was rumored…
Special Report – Netmarble and Pearl Abyss announce new buildings in Gwacheon Knowledge Information Town
According to Korean media Inven, Netmarble has announced it will invest over 180 million USD to build a new Research & Development building in Gwacheon Knowledge Information Town, located around 40 minutes from the central of Seoul. The location Netmarble…
Second Dinner – New studio gets investment from NetEase to work on Marvel game
Officially formed in 2018, Second Dinner is a new games studio founded by Ben Brode. A 15-year veteran of Blizzard Entertainment and former game director of Hearthstone, he was also a founding member of the project. Second Dinner recently announced…
Nexon – Gaming giant confirms it is looking into various options for company’s future
Following various foreign media reports on Nexon possibly being sold next month to the highest bidder, the South Korean gaming giant has issued an official response. While not denying that the company is up for sale, Nexon confirmed that it…