[Source] A representative from gumi recently confirmed it has withdrawn entirely from Canada, Sweden, and Germany, and shut down studios in Austin and Hong Kong. Operations in gumi’s HQ in Japan, with overseas operations in China, France, Korea, Singapore, Taiwan, the Philippines,…
RF Online 2 – Trademark registered for sequel to classic sci-fi MMORPG
RF Online, or Rising Force Online, is perhaps one of the first sci-fi MMORPG to launch around a decade ago. Since then, developer CCR has been rather quiet about any new games. Today, it was revealed CCR filed a trademark for…
Nzin Corporation – Daum Games and Nzin merger completed by Kakao
First announced last December, Kakao yesterday completed the merger of its 2 game subsidiaries, Nzin and Daum Games, now known as Nzin Corporation. If you did not know, Kakao is the operator of Korea’s most-used mobile messenger, KakaoTalk. The merger happened…
RuneScape – Chinese mining company set to be new owner
[Source] While the source claims China-based Shandong Hongda Mining has fully acquired UK-based RuneScape developer Jagex, Jagex has confirmed to other outlets that due diligence is ongoing with no deal completed. Although browser gaming is a huge market in China…
Clash Royale – Three Kingdoms clone revealed by China developer
The power of idea cloning and IP infringement just never seems to stop in China. Recently, it was revealed a studio in Chengdu has successfully cloned Supercell’s Clash Royale, re-skinning the game with characters from Romance of the Three Kingdoms.…
Gravity – Ragnarok developer opens Taiwan office and targets Asia Pacific
Korean developer Gravity, a subsidiary of Japan’s GungHo Online Entertainment, recently announced the opening of its Taiwan office. The team will not only aim at the domestic market, but apparently the Southeast Asia gamers as well (with or without partners).…
Granblue Fantasy – Cygames apologises for virtual fraud incident
[Source] One of the more popular games in Japan, the developer of Granblue Fantasy, Cygames, recently apologised to gamers after being accused of virtual fraud. You see, thousands of players spent thousands of dollars on a rare character, Anchira, which…
League of Legends – Tencent pursuing lawsuits against developers
If you did not know, Riot Games recently became a full subsidiary of China’s Tencent. Even before the deal was done, Tencent, as the majority shareholder, begun pursuing lawsuits against Chinese studios which made use of champions from League of Legends to…
Netmarble – Mobile gaming giant announces 26 new games for 2016
If you did not know, Netmarble is the biggest mobile games developer and publisher in South Korea, towering above Nexon. At today’s “Netmarble Together with Press” media event, the company announced 26 new mobile games for 2016, including ones based…
League of Legends – Popular MOBA reigns supreme as top earner in 2015
SuperData Research, well-known for its various reports and insights on the gaming industry, recently revealed a list of top earning games for the year ending 2015. Among the 3 categories (Console, PC, Mobile), League of Legends came out tops with…
NCsoft – New financial report highlights how each IP performed
It is the time of the year where the major gaming companies release their financial reports for the year ending 2015, and NCsoft is no exception. Fresh from a breakup from Nexon, not much has changed, with over-a-decade-old Lineage staying…
Nexon – Asian gaming giant reports healthy financials for year ending 2015
South Korean games publisher and developer Nexon, listed on the Tokyo Stock Exchange, today announced financial results for its fourth quarter and fiscal year ended December 31, 2015. Full year revenues were 190.3 billion yen, up 10% year-over-year, with operating…
Nubee – Mobile games developer dissolved as a company in Tokyo
[Source] One of the earlier mobile games developer to find success in Asia, it was announced last month Nubee Tokyo has dissolved as of 5 January. With a lack of hit mobile games, it quietly disappeared from Singapore a few years…
Red 5 Studios – Firefall studio turns focus to China and Asian markets
[Source] What an end to 2015! First, Red 5 Studios missed payroll on Christmas Day itself (and also sacked folks), and its China parent company boasted about giving millions away to players. Yesterday, it was announced Red 5 Studios will “undergo reorganization…