Netmarble Archives | Be Korea-savvy
Netmarble Selected as Preferred Bidder to Buy Woongjin Coway

Netmarble Selected as Preferred Bidder to Buy Woongjin Coway

SEOUL, Oct. 14 (Korea Bizwire) — Netmarble Corp., South Korea’s top mobile gaming company, said Monday it has been chosen as the preferred bidder to buy Woongjin Coway Co., the country’s largest home appliance rental service provider. Netmarble will acquire a 25.08 percent stake in Woongjin Coway if the deal is completed. Woongjin Group put [...]

Woongjin Coway Sale Takes New Turn After Netmarble Makes Bid

Woongjin Coway Sale Takes New Turn After Netmarble Makes Bid

SEOUL, Oct. 11 (Korea Bizwire) — The sale of Woongjin Coway Co., South Korea’s largest home appliance rental service provider, has taken a turn after the country’s top mobile gaming company Netmarble Corp. made an unexpected bid, industry insiders said Friday. Netmarble and the U.S. private equity firm Bain Capital were the two final bidders [...]

Big 3 Game Publishers Expected to Post Varying Performances in Q1

Big 3 Game Publishers Expected to Post Varying Performances in Q1

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 [...]