Search results for 6.8 percent
Crypto
CryptoQuant founder says bitcoin avoided fall into $20,000 range thanks to Strategy and ETFs
Ju Ki-young (주기영), head of CryptoQuant, said bitcoin could still be trading around $22,000 without buying by Strategy and spot bitcoin exchange-traded funds. He said they absorbed 1.24 million BTC sold by long-term holders over the past two years, though another user said the figure was 2.74 million BTC. U.S. spot bitcoin ETFs posted 13 straight sessions of net outflows through June 3, while institutional holdings fell 17 percent from the prior quarter.
Games & Commerce
Netmarble shifts focus from new game quantity to post-launch staying power
Netmarble is expanding its lineup of new game releases, but market attention is shifting from initial success to how long revenue can be sustained after launch. Several titles released from March to May did not generate enough results to offset marketing costs, highlighting operational staying power as a key variable for second-half earnings. The company posted first-quarter revenue of 651.7 billion won and operating profit of 53.1 billion won, missing market consensus on profit.
AI & Enterprise
Lab spinoffs\' high-growth rate 9 times higher than regular firms
South Korea\'s Ministry of Science and ICT said on Wednesday that the share of high-growth companies among firms founded on research results from universities and government-funded institutes was 9.3 times that of ordinary operating companies. In a survey of 3,850 surviving lab spinoffs less than 10 years old, 19.5 percent of firms with at least 10 regular workers were high-growth. Average employment rose to 9.6 in 2024 and average revenue to 900 million won.
-
Games & Commerce
Zero tax support for production costs; K-games face neglect despite 60 percent of content exports
-
Games & Commerce
GS25 expands 24-hour delivery via Coupang Eats nationwide
-
Games & Commerce
Q1 breaks seasonal slowdown but polarisation widens in South Korea game industry
-
Games & Commerce
NHN Q1 operating profit falls 5 percent on ahead-of-curve AI infrastructure investment
-
Games & Commerce
Netmarble posts 53.1 billion won Q1 operating profit, to launch five new titles in second half
-
Industry
Samsung Electronics bets on newlywed appliances, says next 2 years are crucial
-
Crypto
BitMine buys another 71,252 ether, set to move to NYSE main board
-
Industry
Semiconductor adjustment drags January industrial output down after three months; consumption and investment rise
-
Finance
NH NongHyup Bank launches NH Korea One Bridge Loan
-
Games & Commerce
Coupang Eats joins in charging commission on takeout orders
-
AI & Enterprise
Igloo Corporation posts 143.3 billion won in 2025 consolidated revenue, sees higher synergy with Piolink
-
Games & Commerce
Coupang Eats to introduce 6.8 percent takeout commission from April
-
Games & Commerce
Pearl Abyss posts third straight year of losses, bets on Crimson Desert
-
Crypto
Nomura temporarily cuts crypto exposure after Q3 profit fall
-
Finance
KOSPI closes above 5,000 for first time; KOSDAQ ends above 1,000