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Games & Commerce

Korean game makers diversify growth beyond mobile MMORPGs to PC, console and overseas

South Korean game makers are expanding growth beyond mobile MMORPGs into overseas markets, PC and console, and casual genres. Pearl Abyss and Krafton posted sharp gains as global PC and console titles lifted sales. Netmarble, NC and Nexon added overseas, platform and genre revenues while maintaining core franchises. Kakao Games and Devsisters pursued diversification but reported quarterly losses, highlighting that rising sales do not automatically translate into higher profit.

Games & Commerce

Pearl Abyss posts Q2 operating profit of 67.6 billion won on \'Crimson Desert\' sales boost

Pearl Abyss posted a sharp rise in second-quarter results, helped by global sales performance of its new title \'Crimson Desert\'. The company reported revenue of 192.6 billion won and operating profit of 67.6 billion won, with net profit turning positive. It adjusted its full-year outlook to reflect a lower estimated average selling price tied to sales channel changes, differences between physical package sales and revenue recognition, and revenue deferrals from refund guarantees.

Games & Commerce

Pearl Abyss shares 16-year development journey, highlights in-house engine and Crimson Desert challenge

Pearl Abyss released a documentary on its official YouTube channel, Pearl Crute, detailing the company’s 16-year development philosophy and history. The video highlights the studio’s founding in 2010 by seven developers and the role of Chairman Dae-il Kim in establishing the company. It covers parallel development of Black Desert and an in-house engine, collaboration practices aimed at improving efficiency and quality, and the shift to the open-world action adventure Crimson Desert, including adoption of the new BlackSpace Engine.