Search results for Silkroad
Games & Commerce
Wemade Max Q2 operating loss 15.4 billion won narrows
Wemade Max reported second-quarter revenue of 33.7 billion won, an operating loss of 15.4 billion won and a net loss of 14.4 billion won, it said on Tuesday. Revenue rose 2.1 percent from a year earlier and 3.1 percent from the previous quarter. The operating loss narrowed 7.6 percent year on year. First-half revenue totalled 66.4 billion won, while the net loss was 25.5 billion won.
Games & Commerce
Com2us Platform partners with Taiwan\'s DiGiM to accelerate Greater China expansion
Com2us Platform, a unit of Com2uS Holdings, has signed a strategic partnership with Taiwan game publisher DiGiM to speed the expansion of its game backend service Hive in Greater China. DiGiM will give priority to reviewing the application of Hive to its upcoming PC and mobile game lineup. Com2us Platform said the partnership will strengthen game service competitiveness in Taiwan, Hong Kong and Macau.
Games & Commerce
Wemade Max Q1 operating loss widens to 15.3 billion won on higher investment costs
Wemade Max posted a wider consolidated operating loss in the first quarter as investment costs rose, including fees tied to sales growth and spending on new game development and staffing. Revenue fell 30.6 percent from a year earlier to 32.7 billion won, while net loss was 11.1 billion won. Overseas revenue jumped 137.8 percent, lifting the overseas share of sales to 45 percent. The company plans multiple new releases and global expansion.