Tag: Industry News

Nexon – No new PC games planned for 2019 outside of...

Yesterday, big Korean game companies such as NCsoft and Nexon announced their financial reports for the 4th quarter of 2018 and also for the...

Activision Blizzard – Game giant confirms around 800 jobs are being...

With rumors having started about a massive layoff started a few days back, today Activision Blizzard confirmed that it is cutting away around 8%...

NCsoft – Mobile gaming is key as sales occupy 66% of...

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...

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,...

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...

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...

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...

League of Legends – New company formed to oversee and expand...

Yesterday, Tencent and Riot Games announced they have formed a new company in China to oversee all esports related operations and businesses for League...

Blizzard Entertainment – Former president Mike Morhaime set to leave company...

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...

Special Report – Netmarble and Pearl Abyss announce new buildings in...

According to the Korean media, Netmarble has announced it will invest over 180 million USD to build a new Research & Development building in Gwacheon...