Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
April 25, 2014
arrowPress Releases
April 25, 2014
PR Newswire
View All





If you enjoy reading this site, you might also want to check out these UBM TechWeb sites:


Nexon's business is on the rise in Korea
Nexon's business is on the rise in Korea
November 8, 2013 | By Mike Rose




Free-to-play game company Nexon posted increased revenues and profits for its third fiscal quarter today, thanks in part to accelerated sales growth in Korea.

With revenues up 85 percent in Korea, the region now makes up 30 percent of Nexon's entire revenue -- second only to China's 40 percent revenue share. New titles like FIFA Online 3, Sudden Attack and Mabinogi are proving popular, although old favorite MapleStory is now performing below expectations.

Japan is also showing massive promise for the company, with Japanese revenues up 171 percent year-over-year. But it's China that continues to be Nexon's main source of income, thanks to titles like Counter-Strike Online and Dungeon&Fighter.

North America and Europe, meanwhile, aren't looking so hot for the company, with revenues essentially flat in both regions. Nexon will be expecting this to change soon, however, thanks to various deals including investment in Shiver Entertainment, and a publishing agreement with Splash Damage.

For the quarter ended September 30, 2013, Nexon posted revenues 39.9 billion yen ($406.3 million), up 64 percent compared to 24.3 billion yen ($247.4 million) year-over-year, and profits of 8.1 billion yen ($82.5 million), up 8 percent year-over-year compared to 7.4 billion yen ($75.4 million).


Related Jobs

Infinity Ward / Activision
Infinity Ward / Activision — Woodland Hills, California, United States
[04.24.14]

Principal / Lead Rendering Engineer
Gearbox Software
Gearbox Software — Plano, Texas, United States
[04.24.14]

Graphics Programmer
Turtle Beach
Turtle Beach — San Diego, California, United States
[04.24.14]

SENIOR C# SOFTWARE ENGINEER
SOAR Inc.
SOAR Inc. — Mountain View, California, United States
[04.24.14]

Unity 3D MiniGame Programmer (and Designer)










Comments



none
 
Comment: