Kakao Games – New title from Crusaders Quest developer signed by gaming giant

Korean gaming giant Kakao Games today announced it has signed a global publishing contract with local developer LoadComplete for its latest mobile RPG, Goddess Order. In case you need a refresher, Loadcomplete is the studio which made Crusaders Quest, a…

Gravity – Ragnarok developer responds to community after protests hit local news outlets

Yesterday, frustrated gamers of Ragnarok Origin in South Korea rented a vehicle with a large LED sign and parked it in front of developer Gravity’s office building to protest. Apparently, Gravity has not been pro-active in listening to community feedback…

Com2uS – Global games giant acquires Kritika and Lunia studio All-M

Com2uS today announced it has acquired about 57% of the shares of developer All-M, the studio which made games such as Kritika Online. All-M’s little-known subsidiary FunFlow is also part of the deal. Henceforth, Com2uS will take over the management…

Nexon – Gaming giant significantly increases the starting salary of new employees

Nexon today announced that it will reorganize its salary system significantly to “strengthen global competitiveness through the company’s continuous growth strategy and securing outstanding talent.” Starting this year, the annual salary of new employees will be increased to 50 million…

NCSOFT – Korean developer is stopping employees who worked excessive hours from entering

According to new reports from South Korea, developer NCSOFT has taken the drastic measure of blocking employees who worked too many hours from entering the office. This is known as the “Gate Off” protocol, and the maximum time an employee…

Overprime – Netmarble acquires team working on improved version of MOBA Paragon

It was announced today that global gaming giant Netmarble has acquired Team Soul Eve, the small group of indie developers which had been working on OverPrime. If you did not know, OverPrime is an effort to continue the legacy of…

Nexon – Gaming giant donates Korean Game Awards prize money to hospital building funds

A couple of months back, the mobile MMORPG, V4 (Victory For), won the annual Korean Game Awards. Developed by NAT Games (a subsidiary of Nexon), it was announced recently that the prize money will be donated to Seoul National University…

SNK – Partnership with Netmarble extended for The King of Fighters IP

SNK and Netmarble announced earlier today that both parties have agreed to extend the working partnership over the “The King of Fighters” IP, although no length of the new contract was announced. This extension happened due to the global popularity…

Smilegate – Korean developer rewards all employees for achieving 1 trillion Korean Won in sales

According to foreign reports, Smilegate recorded 1 trillion Korean Won (around 920 million US Dollars) in sales for the year of 2020, aided by its expanding PC and mobile games market worldwide. The 3 key games are CrossFire, Lost Ark,…

Tencent – Chinese gaming giant completes takeover of Warframe developer and more

Over the year, there have been many reports about China gaming giant Tencent taking over Hong Kong-based games company Leyou Technologies, and it became official earlier today (24 Dec) at 9:00 AM HKT. Many might not know of Leyou which…

Joycity – Korean games company receives USD 40 million investment from US publisher

South Korea-based mobile games developer and publisher Joycity announced recently that is has acquired a massive USD 40 million investment from global games publisher Tilting Point. If you did not know, Tilting Point is one of the biggest games publishers…

Smilegate Megaport – Epic Seven publisher signs new cartoon-rendered mobile game

Smilegate Megaport, the publisher of the hit mobile game Epic Seven, recently announced it has signed a publishing contract (no regions announced) for a new game titled Outer Plane (tentative title). Developer VA Games was founded in 2019 by members…

Floppy Games – Developer obtains 10 billion Korean Won investment to work on new MMORPG

Korean developer Floppy Games recently announced it has acquired an investment of 10 billion Korean Won (around 9 million USD), although did not specify which investors were involved. Founded in 2014 by employees from Eyedentity Games who worked on Dragon…

KRAFTON – Massive Korean games corporation consolidates subsidiary studios

If you did not already know, KRAFTON is the parent company of studios which made TERA and PUBG (PlayerUnknown’s Battlegrounds). Over the course of several years, KRAFTON has bought over several other studios, which made the list seems bloated with…