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Kakao Games – Korean gaming giant reveals global plans for 2021

It is the time of the year where listed companied share their financial numbers with the public for the third quarter (July to September) 2020, and Kakao Games started the ball rolling. The company stepped up its game offerings significantly…

Mir 4 – Wemade and Kakao team up to promote new mobile MMORPG in South Korea

In case you did not know, the “Mir” IP (also known as 传奇)was involved in a legal tussle over the past few years between Wemade and a couple of Chinese developers. While technically it was Shanda (now known as Shengqu…

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 biggest shareholder possibly looking to cash out and leave the company. While China tech giants such…

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

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 investments. This news come after Kakao held roadshows in Singapore, Hong Kong, New York, London, Boston,…

Bluehole Studio – Korean developer receives new multi-million investment

Earlier today, it was announced Bluehole Studio (developer of TERA) has received a new investment from Neptune Company, a lesser-known South Korean mobile games developer, spent 5 billion Korean Won (around USD 4.3 million) to purchase a 2.4% stake in…

Kakao Games Corporation – Black Desert publisher changing name again

Less than a year after the name change to NZIN Corporation, the gaming division of Kakao is gearing up for another corporate name change. Kakao, if you did not know, is famous for the popular South Korean chat app, KakaoTalk.…

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…