Our latest coverage of Nexon.
Nexon reported their Q4 2018 and full year 2018 earnings report recently which showed that revenues increase 8% year over year from ~235B Yen ($2.12B) to 254B Yen ($2.29B). The jump in growth can largely be attributed to the following: MapleStory revenues increased a whopping 67% year over year thanks to the game's successful Summer update in South Korea Dungeon [...]
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AxE: Alliance vs Empire is a mobile RPG for iOS and Android that features high-quality 3D graphics and action-oriented combat set in an open fantasy world. Choose from six playable classes and enter massive 150-player PvP battles in a grand war of survival. Publisher: Nexon Type: Mobile Action RPG Release Date (Global): February 21, 2019 Shut Down Date: June 30, [...]
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Got $9 billion to spare? That’s exactly how much a South Korean gaming giant is going for these days. Earlier this month, Nexon founder and Kim Jung-ju announced his plans to sell his 98.64% stake in the holding company NXC Corp. NXC Corp. controls 47.98% of Nexon along with two other cryptocurrency exchanges. GamesIndustry.biz reports that the controlling shares are [...]
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Kim Jung-ju, the founder South Korea's largest gaming company, is putting his entire 98.64% stake in holding company NXC Corp for sale. NXC Corp itself controls 47.98% of Nexon and ~80% of Korbit and Bitstamp, two cryptocurrency exchanges. The stake is currently valued at ~$10 billion which would make it biggest ever Korean sale of this nature. Kim Jung-ju founded [...]
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MapleStory 2's first major update, the Skybound Expansion is set to arrive in several phases with the first coming on December 6th. The first phase will introduce a brand new class, the Soul Binder. Wielding a spiritual form of magic called animus, the Soul Binder has trained in the mysterious Halo Mountains and is now ready to join the battle [...]
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Power Rangers: All Stars is a mobile RPG where players lead their own team of Rangers to defeat evil monsters and save Professor Q, a scientist trapped in a world that's eternally in nighttime. Collect over 50 different Rangers from several different series and fuse to form gigantic Megazords. Publisher: Nexon Developer: Movegames Type: Mobile RPG Release Date: November 6, [...]
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PC gaming may have been overshadowed by mobile at this year's G-Star in Korea, but Nexon offered us a few bright spots. Of the three PC titles Nexon's showcased, Dragon Hound is the newest and perhaps most exciting. A Korean language interview with the game's director last week gave us the first details on this upcoming title, and thank's to [...]
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While Dungeon Fighter Online (released 2005) and MapleStory (also 2005) may be oldies, they're still bringing in the big bucks for Nexon. While DFO is already the highest grossing MMORPG in the world, the game had record revenues this quarter with double digit year over year growth. Korean MapleStory on the other hand also had a strong year with 129% [...]
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Nexon announced their Q2 2018 earnings report this weekend and company revenue is up 2% year over year to $430 million for the quarter. China and South Korea once again were Nexon's biggest markets with North America making up only 7% of total revenue. PC remains the company's biggest platform but mobile continues to grow. Nexon also acquired 30% of [...]
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Those interested in the business side of gaming should check out Nexon CEO Ownen Mahoney's presentation "IT’S A TRAP! - How to invest in video games without getting blown up": “IT’S A TRAP! - How to invest in video games without getting blown up” by Owen Mahoney, CEO of NEXONWatch this video on YouTube In the video above, Nexon's CEO [...]
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