Games & Commerce
Wemade Max posts Q3 operating loss of 13.5 billion won, seeks rebound with new titles
Wemade Max said revenue fell in the third quarter from a year earlier and it stayed in the red. It posted revenue of 29.9 billion won, an operating loss of 13.5 billion won and a net loss of 11.9 billion won. Compared with the previous quarter, operating and net losses narrowed and it cut operating expenses. The company plans additional fourth-quarter growth and is developing multiple new titles, including Night CrowsW and Project TAL.
