Tag: Industry News

Bluehole – PUBG success brings each employee 10 million KRW worth...

According to reports from South Korea, developer Bluehole has given each of its employees (around 800) an average incentive of 10 million KRW (around...

Kakao Games – Nearly 20 mobile games set to launch in...

Unlike its Korean gaming rivals such as Netmarble, NCsoft, and Nexon, Kakao Games does not really have its own development studios, hence it is...

Netmarble – Project M and Seven Knights for Nintendo Switch revealed

Similar to NCsoft, Netmarble recently announced its latest financial status to the public and its shareholders. While the overall revenue went up for Q4...

NCsoft – Korean gaming giant posts record-breaking financial results for 2017

It is the time of the year where major companies post their financial results for the 4th quarter of 2017 and the whole of...

Google – Internet giant hires console gaming veteran for hardware team

While currently just a rumor, a recent executive hire triggered the speculations that Google is building its own gaming device. The new Google hire...

Virtus.Pro – Parent company acquired for USD 150 million by major...

In reportedly the biggest esports-related transaction ever in Russian history, Mail.Ru has acquired ESForce, the parent company of SK Gaming, Virtus.Pro and several other esports...

Kakao – Media giant announces USD 1 billion in new foreign...

South Korea media giant Kakao Corporation, with over 30 different services including Kakao Games, recently announced that it has procured USD 1 billion in foreign...

Action Square – Blade II developer obtains investment from Kakao Games

South Korea gaming giant Kakao Games recently announced it has invested around USD 190,000 in domestic developer Action Square. Through this deal, Kakao Games...

NCsoft – Former Blade & Soul producer under investigation for insider...

The former head honcho of Blade & Soul, Bae Jae Hyun, is currently under investigation by the Financial Services Commission, South Korea's top financial...

Tencent – Tech titan earned over 50% of China’s gaming revenue...

According to a research done by iResearch Global, the revenue of China’s online gaming market reached 63.54 billion Yuan (around USD 9.6 billion) in Q3...