foreign game licenses
Scope
Date
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Korean stock market
Auto shares bounce back with foreigners' net buying
South Korean auto shares are showing some signs of a rebound after a long downtrend since the second half of last year. Foreign investors have ret...
Apr 14, 2022 (Gmt+09:00)
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Entertainment
HYBE to develop game biz further to cut reliance on BTS
South Korea’s HYBE Co. plans to accelerate the development of its game business by separating the unit as the entertainment giant aims to cut ...
Apr 12, 2022 (Gmt+09:00)
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IPOs
Kakao's game unit behind Odin valued at $2.7 bn before IPO
Lionheart Studio Corp., the firm behind South Korea’s popular mobile game Odin, is preparing to go public as early as this year, with its ente...
Apr 12, 2022 (Gmt+09:00)
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Korean stock market
Telecom stocks bullish as foreigners' net purchases increase
South Korea’s telecommunication stocks are getting a boost from foreign investors’ net purchases. Telecom shares, which are relatively...
Apr 12, 2022 (Gmt+09:00)
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Korean games
Korean game developers scurry to launch P2E versions in 2022
South Korean game developers are scurrying to release their versions of play-to-earn (P2E) games, which have been growing at a rapid pace despite be...
Apr 12, 2022 (Gmt+09:00)
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Retail
Fila Korea: Hidden beneficiary of China’s guochao fashion trend
The burgeoning Chinese fashion fad, known as guochao, has pushed out or significantly reduced the popularity and influence of Western and other well...
Apr 08, 2022 (Gmt+09:00)
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Markets
S.Korea’s retail investors put record amount in overseas stocks
South Korea’s retail investors poured 22.9 trillion won ($18.8 billion) into purchasing overseas stocks last year, according to the country's ...
Apr 07, 2022 (Gmt+09:00)
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Regulations
FTC pushes to monitor foreign conglomerate owners
South Korea’s Fair Trade Commission (FTC) is one step closer to including foreign nationals to its list of owner-cum-heads of conglomerates ...
Apr 07, 2022 (Gmt+09:00)
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Korean games
Nexon's new game beats Lineage to top app stores list
Nexon Co.'s Dungeon & Fighter Mobile has elbowed out NCSoft Corp.'s Lineage W to rank as the most popular Korean mobile game in the week since i...
Apr 04, 2022 (Gmt+09:00)
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Korean stock market
Foreigners sell net $4 bn of shares in March, second only to Aug. 2021
Foreign investors in March sold a net 4.84 trillion won ($3.97 billion) worth of shares on South Korea's main bourse Kospi, their highest-ever mon...
Apr 01, 2022 (Gmt+09:00)
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Korean stock market
Mid-cap, small-cap outperform large-cap stocks in Q1 2022
South Korea’s mid-cap and small-cap shares outperformed large-cap stocks during the first quarter of 2022 as some glitzy initial public offe...
Apr 01, 2022 (Gmt+09:00)
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Korean games
Nexon incorporates own payment system for Dungeon & Fire release
South Korea’s online game developers are intensifying their efforts to build and incorporate their own payment systems to wipe out hefty commi...
Mar 30, 2022 (Gmt+09:00)
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Market Trend
Koreans return to foreign stock funds for bargain hunting
South Korean funds for overseas stock investments enjoyed the return of money to buy growth shares in the US on dips this year, while local investor...
Mar 29, 2022 (Gmt+09:00)
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Blockchain
Krafton signs MOU with Solana for blockchain-based games and services
South Korea’s leading game developer Krafton Inc. announced Wednesday it signed a memorandum of understanding with San Francisco-based Solana ...
Mar 23, 2022 (Gmt+09:00)
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Real estate
Korea's hotel deals hit record-high $1.4 bn in 2021: JLL
Hotel deals in South Korea hit a record high of 1.7 trillion won ($1.4 billion) in 2021, up 80% from the previous year, said global real estate serv...
Mar 23, 2022 (Gmt+09:00)
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Metaverse
Naver Z invests in multiple metaverse-related startups to beef up Zepeto
Naver Z Corp. invested in more than eight companies so far this year, according to people familiar with the deals. Naver Z is the operator of Asia...
Mar 23, 2022 (Gmt+09:00)
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Korean games
NCSoft releases trailers of two upcoming games
South Korea’s gaming behemoth NCSoft Corp. released trailers for two new titles named Throne and Liberty and Project E on Thursday. The c...
Mar 18, 2022 (Gmt+09:00)
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Korean games
WeMade revises 2021 results to exclude crypto earnings
WeMade Co., a pioneer in South Korea's play-to-earn (P2E) game industry, revised its 2021 operating profit downward by 70% after excluding 220 billi...
Mar 17, 2022 (Gmt+09:00)
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Korean games
Pearl Abyss releases mobile game Black Desert in China in April
South Korean game developer and publisher Pearl Abyss set a China release date of April 27 for its cross-platform MMORPG Black Desert on the App Sto...
Mar 10, 2022 (Gmt+09:00)
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Korean games
Nexon founder Kim Jung-ju dies at 54
Kim Jung-ju, the founder of global gaming giant Nexon Co. died in late February. He was 54.NXC Corp., the holding company of Nexon, announced on T...
Mar 01, 2022 (Gmt+09:00)
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Korean startups
Ridi becomes first Korean content platform unicorn
Ridi Corp., often referred to as South Korea's Kindle, has received funding of 120 billion won ($100 million) from Singapore's GIC and three domesti...
Feb 28, 2022 (Gmt+09:00)
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Cryptocurrencies
WeMade to retire WEMIX cryptocurrency for investor value
WeMade Co., a South Korean game developer, plans to retire 2% of its cryptocurrency WEMIX in the next two weeks to bolster its value for investors, ...
Feb 17, 2022 (Gmt+09:00)
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Korean games
Game stocks plunge in S. Korea, US
Game shares in South Korea and the United States have plunged, hit by worse-than-expected earnings. Online game developers in Korea have also b...
Feb 17, 2022 (Gmt+09:00)
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Korean biotech startup signs license deal with US firm
South Korea's biotech startup Novelty Nobility Inc. has signed a global license agreement for its antibody treatment candidate with a US biopharmace...
Feb 17, 2022 (Gmt+09:00)
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Korean games
NCSoft's 2021 profit halves on labor, marketing costs
South Korea's NCSoft Corp., the publisher of the popular mobile game Lineage series, on Tuesday reported a worse-than-expected operating profit in 2...
Feb 15, 2022 (Gmt+09:00)
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Entertainment
Korean orchestras foster cross-genre collaborations
Seoul Philharmonic Orchestra and SM Entertainment Co. signed a memorandum of understanding last week to collaborate across different musical genres....
Feb 14, 2022 (Gmt+09:00)
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Korean games
Smilegate’s Lost Ark becomes second most played game on Steam
Smilegate Entertainment Inc.’s Lost Ark has become the second most played game within a couple of days after its launch on Steam, the world&rs...
Feb 14, 2022 (Gmt+09:00)
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Korean stock market
Gaming stocks tumble after disappointing Q4 results
Shares in South Korean gaming companies have been on a losing run since the start of the year, giving up about half of the gains they enjoyed late l...
Feb 11, 2022 (Gmt+09:00)
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Korean games
Saudi sovereign wealth fund buys $700 mn stake in NCSoft
Saudi Arabia’s Public Investment Fund (PIF) has increased its stake in South Korea's leading gaming company NCSoft Corp. to become its fourth-...
Feb 10, 2022 (Gmt+09:00)
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Blockchain
NHN looks to regain former glory as online game powerhouse
South Korea’s first-generation game developer NHN Corp. is gearing up to regain its past glory as the leader of the game industry.The tech gia...
Feb 08, 2022 (Gmt+09:00)