Vespa – King’s Raid developer asking employees to voluntarily resign

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 developer’s CEO held a townhall meeting with 105 employees at the company headquarters to announce the…

Time Defenders – New tower defense + RPG mobile game enters pre-registration in Japan

First announced back in March, Time Defenders is a strategy mobile title from Korean developer Vespa Inc, more well-known for being the creator of mobile RPG King’s Raid. While Time Defenders uses the same anime-style of design, the genre this…

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,…