Latest update: As of July 6, 2022, Vespa has applied with the court for corporate rehabilitation. Since early this year, we have reported on Korean developer Vespa facing financial difficulties. According to various sources, on July 1st, the King’s Raid…
Vespa – Stock trading for King’s Raid developer suspended following dismal financial results
Korean developer Vespa, well-known for its mobile RPG King’s Raid, yesterday (7 Feb) was forced to suspend trading of its stock after the latest financial results announcement. According to local news, Vespa’s 2021 total sales saw a drop of 36.5%…
King’s Raid – Teaser trailer for new anime series revealed
First announced this February, the first teaser trailer for the anime series based on popular mobile RPG King’s Raid was revealed recently. Developed by Korean studio Vespa, King’s Raid achieved global fame upon its launch and it was decided…
Vespa – King’s Raid developer returns to profitability in Q4 2019
Vespa Interactive, the Korean developer behind King’s Raid, today announced its financial results for Q4 2019 (October to December). To summarize, it recorded a revenue of nearly USD 27 million, with an operating profit of around USD 1.4 million. Compared…
Vespa – King’s Raid developer suffers massive losses as global expansion continues
Korean developer Vespa Interactive, the team behind the super-popular mobile RPG King’s Raid, recently announced its financial numbers for the 3rd quarter of 2019 (from July to September). In all, this 3-month period recorded sales of around USD 15 million,…
Vespa – King’s Raid developer acquires new studio for global expansion
Vespa, the Korean developer which rose to prominence in recent years due to the global success of mobile RPG King’s Raid, has purchased fellow Korean studio Cocoon Games. Founded in 2013, Cocoon Games made a couple of mobile strategy games,…
Vespa – King’s Raid developer prepares for stock listing in South Korea
According to the Korean media, mid-size games developer Vespa, the creator of mobile RPG King’s Raid, has submitted a securities report to the Financial Services Commission in view of being publicly listed on KOSDAQ, the trading board of Korea Exchange (KRX).…
King’s Raid – Quick look at starting gameplay of new mobile RPG
King’ Raid is a new mobile RPG which recently launched worldwide, developed by relatively unknown Korean developer Vespa and published by the similarly mysterious company, Glohow. Most gamers would be familiar to the mobile RPG template by now, which is…
King’s Raid – Upcoming mobile fantasy RPG begins pre-register phase
[Pre-register now] Developed by indie Korean studio Vespa and operated by Thailand-based publisher Glohow, King’s Raid is an upcoming mobile game which boasts real-time battles with stunning 3D graphics and an in-depth character leveling system. For players who pre-register before…