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Games & Commerce

KakaoGames seeks turnaround with seven new titles, expands beyond mobile to PC and consoles

KakaoGames plans to pursue a turnaround with a two-track strategy of rolling out 7 new games from this year through next year while continuing to operate its existing live-service titles. Its new lineup aims to move beyond a mobile-focused structure by expanding to PC and console platforms and increasing its focus on global markets. The company also plans to sustain launch momentum on the back of stable revenue from live games and regular updates.

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Lionheart Studio provides leadership training for managers

Lionheart Studio said on Wednesday it held leadership training on April 22 for employees holding positions of manager and above. The program focused on the theme of leaders’ roles and mindset, and was designed to help managers understand the company’s direction and reflect it in organisational operations. Vice President Han Soon Lee (이한순) delivered a lecture in the first session. A Q&A followed based on concerns collected through a prior survey. All participants received books on team and organisational training.

Games & Commerce

Kakao Games holds meeting after change in largest shareholder; Han Sang-woo says current setup stays, new titles top priority

Kakao Games held its regular shareholders meeting shortly after disclosing a change in its largest shareholder to LAAA Investment under LY Corp (Line Yahoo). Shareholders approved all agenda items as proposed, including reappointing CEO Han Sang-woo, and cut the directors’ pay cap. Han said details on cooperation with LY would be discussed further and stressed that this year’s priority was launching new titles without major organisational changes.