SEOUL, Dec. 20 (Korea Bizwire) – South Korean game companies are expanding their scope of business towards content like TV dramas, webtoons and web novels, encouraged by the success of local cable channel JTBC’s corporate drama “Reborn Rich” that was invested in and produced by a Com2uS Corp. affiliate. RaemongRaein Co., which participated in the production [...]
SEOUL, June 24 (Korea Bizwire) — South Korean game companies with products featuring virtual coins and other blockchain functionalities are taking a wait-and-see approach towards the recent plunge in the prices of cryptocurrencies operated by them for in-game purchases and trading. Wemix, a cryptocurrency operated by Wemade Co., the developer of the play-to-earn (P2E) game [...]
SEOUL, Apr. 12 (Korea Bizwire) — The big three local game companies are expected to show different performance records for the first quarter this year, with Nexon Korea Co. likely to set a new record in sales and operating profits, industry watchers said Thursday. Nexon was estimated to have tallied around 800 billion won (US$748.01 [...]