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Games & Commerce

Naver, Nexon step up ecosystem alliance with login linking and Chzzk streamer support

Naver will begin linking accounts with Nexon as the two companies move to broaden cooperation across payments, personalised content recommendations and game broadcasting support. Naver said it will start converting Nexon users to \"Naver login members\" under a strategic business agreement, enabling Naver login and Npay payments. The companies will also run an \"N Connect\" project on streaming platform Chzzk to support Nexon IP-based broadcasts, with a pre-season running through Sept. 22.

Games & Commerce

Q1 breaks seasonal slowdown but polarisation widens in South Korea game industry

Major South Korean game companies posted sharply diverging first-quarter results despite the sector’s traditional seasonal slowdown. Larger firms with globally successful intellectual property reported record quarterly sales and profit, while companies facing gaps in new releases or weak early demand remained in the red or saw profitability deteriorate. Nexon, Krafton, NCSoft and Pearl Abyss posted strong gains. Kakao Games and Devsisters reported operating losses, and Webzen saw declines.

Games & Commerce

Nexon Q1 operating profit jumps 40 percent on MapleStory, Ark Raiders success

Nexon said it achieved its best-ever quarterly results on the back of global success for the MapleStory franchise and Ark Raiders. The company posted first-quarter consolidated revenue of 1.42 trillion won and operating profit of 542.6 billion won, up 34 percent and 40 percent from a year earlier. Overseas revenue rose 59 percent. Nexon provided second-quarter revenue and profit guidance and outlined partnerships and upcoming game launches.