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Krafton – PUBG company founder set to become multi-billionaire next month

According to the latest report from Bloomberg, Krafton Inc. founder Chang Byung-gyu could be worth as much as $3.5 billion USD if the firm’s initial public offering prices debuts next month at the top end of the range given in…

Call of Duty – Activision hiring for new mobile game based on popular shooter IP

Activision recently posted a job listing which looks to hire a mobile games producer for its new mobile division, Activision Mobile. This is actually big news, as the team will be working on a mobile game based on Call of…

KOG – Grand Chase and Elsword developer working on new Unreal Engine 4 PC title

KOG, the Korean developer known for titles such as Grand Chase, Elsword, and most recently Kurtzpel, recently uploaded a job posting seeking a Technical Artist for a “new project.” According to the description, the candidate must be versed in Unreal…

Neowiz – Unreal Engine 4 game based on Alliance of Valiant Arms (A.V.A) revealed in job postings

Korean games publisher and developer, Neowiz, currently posted job listings looking for new employees to join some of its new projects, which include a new anime-style mobile RPG, while also attempting to revive the Alliance of Valiant Arms (A.V.A) with…

Blue Archive – Nexon announces global publishing deal for popular anime mobile RPG

Nexon announced earlier today that i has obtained the global publishing rights (other than Japan and China) for NAT Games’ anime mobile RPG, Blue Archive. While NAT Games is now a subsidiary of Nexon, internally they would still have to…

Pearl Abyss – Black Desert developer buys local mobile games studio to strengthen development

Pearl Abyss, the Korean developer of Black Desert Online, yesterday announced it has acquired a domestic mobile games studio, Factorial Games. The deal is said to be worth around USD 17.8 million. You might not heard of this team before,…

Ragnarok Online – Gravity preparing to flood the world with 3 more Ragnarok games in 2021

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…