South Korean mobile games startup Clover Games recently received a massive 10 billion Korean Won (around 9 million USD) investment from DSC Investment and Hastings Funds Management in its Series A round. Officially founded in January earlier this year, Clover…
Epic Games – Fortnite developer announced as G-Star 2018 main sponsor
It seems that the market share of South Korea’s battle royale gamers might further tilt to the side of Fortnite, as developer Epic Games Korea was recently announced as the main sponsor for G-Star 2018, one of the biggest annual…
League of Legends – Chinese team RNG finds new sponsor in KFC
Royal Never Give Up, or more commonly known as RNG, recently revealed that is has roped in Kentucky Fried Chicken (KFC) as one of the team’s main sponsor. One of the top competitive League of Legends team in China and…
Pearl Abyss – South Korean developer acquires EVE Online studio CCP Games
Today, Black Desert Online developer Pearl Abyss announced that it will acquire CCP Games, the creators of popular spaceship MMORPG, EVE Online. The deal outlines that CCP Games will continue to operate independently as a developer with studios in Reykjavik,…
Pearl Abyss – Black Desert developer rolls out new employee benefits program
Starting this month of September 2018, Black Desert developer Pearl Abyss has started a new employee benefits system throughout the company, which includes 4 main points as listed below. It was mentioned that all full-time employees of Pearl Abyss will…
Crimson Desert – Black Desert studio files trademark for new game
Pearl Abyss, the developer of Black Desert Online, recently filed for the trademark of a new product in South Korea, titled “Crimson Desert” and its Korean equivalent, “붉은사막”. As seen on the applications, the application categories 09, 41, and 42 confirmed…
Lionheart Studio – Veteran Korean developer opens new studio with investments from 2 major game companies
You might not have heard of veteran Korean game developer Kim Jae Young, but he has quite a reputation in the Korean gaming industry for being the main force behind the now-defunct mobile action RPG, Blade. The high-end Unreal Engine…
XLGAMES – Kakao Games and WeMade invests million in ArcheAge developer
The mobile MMORPG based on Korean novel, The Legendary Moonlight Sculptor, was first revealed back in 2016 by XLGAMES. LINE was initially announced as the publisher, but it looks like the company chickened out as Kakao Games was confirmed as…
NCsoft – Updates on Project TL and new games discussed in latest financial call
As another quarter ends, it is time for the various listed companies to report their financials, including those in the gaming industry. NCsoft is the latest to do so for the 2nd quarter of 2018, and once again the PC…
Pearl Abyss – Black Desert developer prepares to open offices in USA and Japan
While Black Desert Online is currently serviced by Kakao Games in North America and Europe, it seems that developer Pearl Abyss has huge ambitions to go solo in the future, as it did with the Asia region such as Taiwan…
Nexon – Epic wuxia MMORPG Moonlight Blade teased for Western release
One of the biggest online games in Chinese history, both in terms of HDD space and content, Moonlight Blade seems like a heavy investment for any western publisher to bring over to the western market. However, in Nexon’s latest financial…
Softnyx – Gunbound developer merges with another games studio
Korean developer Softnyx, famous for its games such as Gunbound and Rakion, today announced it is merging with fellow Korean studio Picneko Creative. You might not have heard of this studio, but it is the creator of Kingdom Story, a…
Netmarble – North America revenue overtakes South Korea spending
Netmarble released its earnings report for the 2nd quarter of 2018 (April to June) earlier today, which means other major game companies like Nexon is set to follow soon. Overall, both revenue and profits are down slightly, but should not…
Riot Games – Investigative report claims developer is a toxic place which drives out female employees
[Source] According to a recent investigative report by Kotaku which took place over a few months, several current and former Riot employees discussed the toxic workplace environment which ultimately drives women out of the studio. According to current and former Riot…