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Games & Commerce

Mgame executives buy 100 million won worth of own shares

Mgame said on Thursday that its registered executives, including Vice President Hong Deung-ho and Director Lee Jae-chang, bought 50 million won each of the company’s shares on the open market. It said the purchases reflect management’s confidence in the company’s sustainable growth and that it will consider additional buying depending on market conditions. Mgame has expanded shareholder-friendly policies, including cash dividends and a 2 billion won share buyback to be fully retired.

Games & Commerce

Kakao union presses ahead with first headquarters strike, warns of second walkout on June 29 logoff day

Kakao\'s labour union held the company\'s first partial strike at headquarters and staged a large rally around Pangyo, demanding job security and accountability from management. The union said it would also stage an additional walkout on June 29 dubbed a \"logoff day\". The dispute over whether performance pay includes restricted stock units has broadened into conflict over compensation system changes and job insecurity.

Games & Commerce

Shift Up to expand \'Stellar Blade\' platforms, Nintendo Switch 2 launch due in 2026

Shift Up is accelerating efforts to diversify platforms for its global hit \'Stellar Blade\' to support long-term performance of the intellectual property and broaden its global user base. The company said it will release a Nintendo Switch 2 version of the action-adventure game in 2026. The plan was first unveiled through Nintendo\'s online showcase \'Nintendo Direct 2026\', expanding availability beyond PlayStation 5 and PC.