Following its recent Japanese adventure, Tencent has once again shifted its eyes to Europe and announced a USD 260 million investment in Czech Republic-based games developer, Bohemia Interactive. You might not have heard of this studio, but it created notable…
ODIN: Valhalla Rising – Publisher announced for upcoming epic MMORPG
Following the epic game trailer reveal for ODIN: Valhalla Rising yesterday, another major news dropped today regarding the publisher for the game. Kakao Games has signed a publishing contract with developer Lionheart Studio, although the regions were not stated in…
Tencent – Chinese tech giant becomes majority shareholder of Japan developer
You might not know that Tencent Holdings is the biggest internet IT company in China, and other than owning the popular QQ and WeChat platforms among many other software, it is also the majority owner of developers such as Epic…
NAT Games – Studio is now recruiting for new PC + console shooter RPG project
NAT Games, now a studio under Nexon, is very busy developing several new games these days. Having launched HIT, Overhit, and more recently V4, there are now at least 3 more games in development. First, there is Project MX, then…
XLGAMES – ArcheAge developer is now hiring for new Unreal Engine 4 MMORPG project
According to the recruitment website of Korean developer XLGAMES, the team has been hiring for a new MMORPG project since last month. The current 2 open positions are for Technical Artist and more recently, Concept Artist (for game background). These…
Com2uS – Korean gaming giant acquires majority stake in new studio
Korean mobile gaming powerhouse Com2uS recently announced it has acquired a 57.5% stake in a local new and promising developer, Tikitaka Studio. Officially founded just last year, Tikitaka Studio has just one mobile game developed under its name, Arcana Tactics.…
Epic Seven – Details of Smilegate investment in developer Super Creative revealed
Back in February 2019, we first reported that South Korean gaming giant Smilegate obtained a 64% stake in local studio Super Creative, the developer of current global hit mobile game Epic Seven. Recently, more details about the deal were revealed…
ROSE Online – Japan server developer and publisher files for bankruptcy
There aren’t many interesting news recently, but this one caught our eyes from the Japan media. If you did not know, ROSE Online Japan was formed in 2013 to publish and develop new content exclusively for the Japan server, with…
X-Legend Entertainment – Player loses court case against Taiwanese developer
According to the local media, a patient suffering from anxiety disorder was introduced by his friend to play Kingdom of the Wind (or Laplace M) to calm at the start of the new year. Since then, this gamer has spent…
Smilegate RPG – Studio ramps up on development of Lost Ark Mobile
According to reports from the Korean media, Smilegate RPG announced a massive 448% increase in sales revenue for the year of 2019 (compared to 2018) due to the success of its PC MMORPG, Lost Ark. The sum comes to around…
LINE Games – South Korean publisher acquires new studio with big money
You might most probably heard of the social messenger app known as LINE, but most likely unaware it has a full-fledged games division, LINE Games. While not exactly setting the mobile games market by storm since its opening, the company…
GameStop – Governor forces shameful games retailer to close stores during COVID-19 outbreak
As you all might have already known, many companies in Asia have implemented work-from-home schedules, including the gaming industries, due to how fast the COVID-19 virus spread from people to people. Hence, news and announcements were delayed. Many cities in…
Garena – Parent company posts USD 1.46 billion net loss for 2019
In an astonishing financial report revealed by Sea Limited (parent company of Garena) recently, a hefty net loss of USD 1.46 billion was posted for the full year of 2019. Other than Garena, Sea Limited has other subsidiaries such as…
Kakao Games – Korean media giant announces nearly USD 20 million investment in 3 studios
Kakao Games, known by most as the publisher of Black Desert Online in the western market, today announced that it has invested nearly USD 20 million in 3 local game development studios, mainly Second Dive, Ocean Drive Studio, and Pathfinder8.…