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NHN pulls its money out of Chinese market

NHN pulls its money out of Chinese market

NHN made a decision to withdraw its investment from the Chinese market. On October 27th, NHN, a major Internet corporation in Korea that operates the nation’s top search portal (Naver.com) and online game portal (Hangame.com), announced that it signed a contract with WDWF, a Chinese investment consulting firm, to sell 55% stake that NHN has in Ourgame. Ourgame was NHN’s game portal in China [...]
Gravity starts making new advancements

Gravity starts making new advancements

We have another news (or a couple of news, rather) from Gravity, a global game developer and publisher based in Korea renowned for its widely acclaimed Ragnarok series. Last month, there was a post about Gravity acquiring Barunson Interactive, the developer of Dragonica. Using the purchase as a driving force, Gravity seems to be making a couple of sleek moves forward. Here are a few changes Gravity [...]
NHN takes over WiseCat

NHN takes over WiseCat

 On September 6th, NHN acquired a controlling stake (51%) of WiseCat, taking over its management rights. WiseCat is a mid-sized developer that created Slugger, an online baseball game. Slugger has cumulative users of 4,000,000 and PCU of 35,000, showing a good performance so far. Its popularity is expected to show a steady rise as Slugger recently started service in Taiwan and North American region. Through [...]
Gravity takes over Barunson Interactive

Gravity takes over Barunson Interactive

On September 28, Gravity acquired the controlling stake of Barunson Interactive, a game development studio under Barunson Inc, the holding company. The purchase amounts to KRW 11,688 million (approximately US$10,126 thousand). Best known as a developer of Dragonica, a casual 3D MMORPG, Barunson Interactive is considered as a promising game studio with a growing potential. Dragonica especially is its [...]
The “official” boom of casual games in Korea

The “official” boom of casual games in Korea

On September 14, NCSoft has partnered with Popcap Games to publish Popcap World, a hybrid online game that consists of 14 casual games. Popcap Games is a leading provider of casual games for various platforms including mobile devices, Xbox, Nintendo DS, in-flight entertainment systems and the Web. Among its award-winning masterpieces are Bejeweled, Plants vs. Zombies, and Zuma. Popcap World will consist [...]
Star developer comes back with Black Desert

Star developer comes back with Black Desert

The famous Dae-Il Kim is coming back as the CEO of Pearl Abyss, a newly established game studio whose co-founder is Ja-Min Yoon. Dae-Il Kim is the star developer who was in charge of the developments for RYL Online, R2, and C9. Here is a brief summary of his resumé. 2000. Enters GamaSoft 2003. Developes RYL Online, a MMORPG in GamaSoft 2003. Moves to NHN Games 2006. Developes R2 in NHN Games 2009. [...]
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