Wemade posted an operating loss in the second quarter as mobile game sales fell and a one-off revenue base effect from the previous quarter weighed on results. The company said it reduced the year-on-year loss through cost efficiency. Second-quarter revenue fell 29 percent from the previous quarter and 7 percent from a year earlier. Wemade plans to expand new game launches, including Night Crows W, to drive a performance rebound.

Wemade Max said its development direction and plans for key projects will not change despite a change in Wemade\'s largest shareholder. CEO Son Myeon-seok told employees that while the shift in governance is significant, the company’s role will remain and become more important within the group. He said stable operation of existing games and development of major new titles are proceeding as planned, citing the firm’s accumulated development and service capabilities.