Search results for Odin Q
Games & Commerce
From Kakao to Line Yahoo: KakaoGames launches new management setup
KakaoGames has launched a co-CEO management structure as it accelerates a shift to a Line Yahoo-led setup following a change in its top shareholder. Shareholders approved the appointment of Kim Tae-hwan and Lee Si-woo as inside directors, and the board later named them co-CEOs. The company said 300 billion won in new funds flowed in through a share sale and convertible bonds. Key tasks include detailing Line Yahoo synergies and delivering results from new game launches in the second half.
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.
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.
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Games & Commerce
KakaoGames seeks turnaround with seven new titles, expands beyond mobile to PC and consoles
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Games & Commerce
Kakao Games posts Q1 operating loss of 25.5 billion won, prepares new titles including \'Odin Q\'
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Games & Commerce
Kakao Games holds meeting after change in largest shareholder; Han Sang-woo says current setup stays, new titles top priority
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Games & Commerce
Kakao Games to come under Line Yahoo\'s umbrella; three parties\' calculations
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Games & Commerce
Korean game companies near annual meetings opt for stability by renewing management