Nexon

Hasbro Announces Changes to Board of Directors

Retrieved on: 
Monday, March 25, 2024

“We are thrilled to have Frank, Darin, and Owen join our accomplished and diverse Board of Directors,” said Rich Stoddart, Chair of Hasbro’s Board of Directors.

Key Points: 
  • “We are thrilled to have Frank, Darin, and Owen join our accomplished and diverse Board of Directors,” said Rich Stoddart, Chair of Hasbro’s Board of Directors.
  • Each of them will add tremendous value and unique perspective to our Board.
  • Alan will continue to be actively engaged with Hasbro helping to guide the company’s charitable efforts, in addition to his many other philanthropic pursuits.
  • That won’t change and I’m excited to support Hasbro in my next chapter.”

SoftBank Ventures Asia is Newly Becoming SBVA

Retrieved on: 
Monday, January 29, 2024

SoftBank Ventures Asia is officially changing its company name to SBVA from beginning of February 1st after The Edgeof acquired the company from SoftBank Group Corp.(SBG) in June of last year.

Key Points: 
  • SoftBank Ventures Asia is officially changing its company name to SBVA from beginning of February 1st after The Edgeof acquired the company from SoftBank Group Corp.(SBG) in June of last year.
  • SBVA is poised to actively seek out startups that will revolutionize various industries through innovative technology, building upon its ICT investment expertise.
  • The new SBVA has recently closed the “2023 Alpha Korea Fund,” with a total committed amount of approximately ₩200 billion ($150M).
  • As a LP, we are excited to join the first fund that the new SBVA has established.”
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240128402322/en/

THE FINALS® From Nexon’s Embark Studios is Available Now Worldwide

Retrieved on: 
Friday, December 8, 2023

Developed by Nexon’s Embark Studios in Stockholm, Sweden, THE FINALS® is available now on Steam, Xbox Series X|S, and PlayStation 5.

Key Points: 
  • Developed by Nexon’s Embark Studios in Stockholm, Sweden, THE FINALS® is available now on Steam, Xbox Series X|S, and PlayStation 5.
  • Additional arenas include Monaco on the banks of the French Riviera and the skyscrapers above Seoul, South Korea.
  • THE FINALS is our first game to release, and a great embodiment of that vision,” said Embark Creative Director Gustav Tilleby.
  • THE FINALS® is available now on Steam, the Xbox Game Store, and the PlayStation Store.

Nexon Releases Earnings for Third Quarter 2023

Retrieved on: 
Thursday, November 9, 2023

NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced financial results for its third quarter ended on September 30, 2023.

Key Points: 
  • NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced financial results for its third quarter ended on September 30, 2023.
  • “Nexon is tracking to finish the year with seven consecutive quarters of double-digit revenue growth,” said Owen Mahoney, President and CEO of Nexon.
  • For our investors, this translates to an asymmetric upside opportunity with existing franchises delivering steady revenue and new releases offering potential for step-function growth.
  • While packaged sales of digital items increased year over year, sales of individual items decreased as Nexon ramped up award incentives to attract players.

MagmaByte's flagship title, Galaxy Commanders, joins the gaming ecosystem of NEAR Protocol

Retrieved on: 
Wednesday, November 15, 2023

MagmaByte announces integration of their blockchain game, Galaxy Commanders, with NEAR Protocol

Key Points: 
  • MagmaByte announces integration of their blockchain game, Galaxy Commanders, with NEAR Protocol
    NEAR Protocol, focusing on expanding the Korean gaming ecosystem, achieves remarkable growth
    NEAR Protocol plans to continuously discover capable game development studios to contribute to the advancement of Web3 gaming ecosystem.
  • SEOUL, South Korea, Nov. 14, 2023 /PRNewswire/ -- MagmaByte, a Web3 game developer, announced the development of their real-time strategy blockchain game, Galaxy Commanders, to onboard for NEAR Protocol.
  • The collaboration between the two entities aims to enhance the user experience for Galaxy Commanders players by utilizing various user-centric features of the NEAR Protocol, offering convenience and diversity.
  • Scott Lee, General Manager of NEAR Korea, stated, "NEAR Protocol is extremely excited to have a top-quality game such as Galaxy Commanders join us.

Nexon Board of Directors Approves Leadership Succession

Retrieved on: 
Thursday, November 9, 2023

NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced a leadership succession plan.

Key Points: 
  • NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced a leadership succession plan.
  • Mr. Lee currently serves as CEO of Nexon Korea Corporation and on Nexon’s Board of Directors.
  • As a Nexon veteran with two decades of experience, Mr. Lee brings proven leadership and operational experience.
  • Under his leadership, Nexon delivered consistent growth in revenue and operating income and the most robust pipeline in the company’s history.

Pixelberry Studios Launches StoryLoom Out of Beta to Give Interactive Content Creators Publishing Freedom

Retrieved on: 
Wednesday, October 4, 2023

Carissa Gonzalez, CEO of Pixelberry Studios, said: "We're proud to officially launch StoryLoom as it marks a significant milestone for our vision of democratizing storytelling.

Key Points: 
  • Carissa Gonzalez, CEO of Pixelberry Studios, said: "We're proud to officially launch StoryLoom as it marks a significant milestone for our vision of democratizing storytelling.
  • StoryLoom empowers creators to break free from the confines of traditional publishing, offering a fresh, accessible avenue for sharing their imaginative tales with the world."
  • Unlike the traditional publishing model, StoryLoom empowers creators to:
    Create and Publish: StoryLoom offers a user-friendly, always-evolving toolset for creators to craft their own visual novels and interactive stories, and keep all rights to the original content they create.
  • StoryLoom envisions most of its top content to come from semi-professional creators while actively encouraging aspiring writers to participate, creating a diverse and dynamic content ecosystem.

Nexon Releases Earnings for Second Quarter 2023

Retrieved on: 
Wednesday, August 9, 2023

NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its second quarter ended on June 30, 2023.

Key Points: 
  • NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its second quarter ended on June 30, 2023.
  • “Nexon delivered a fifth-straight quarter of double-digit topline growth with operating income up 22% year over year,” said Owen Mahoney, President and CEO of Nexon.
  • In Korea, Nexon achieved record-breaking second quarter revenue – up 21% year over year and within our outlook.
  • FIFA ONLINE 41 achieved record-breaking second quarter revenue, maintaining a positive trend that followed last year’s World Cup.

EA, NCSoft, Nexon Veterans Tap Immutable zkEVM for Web3 Space Battle Game, Galaxy Commanders

Retrieved on: 
Tuesday, July 18, 2023

SEOUL, South Korea, July 18, 2023 /PRNewswire/ -- Galaxy Commanders, an upcoming, competitive web3-based mobile/PC game founded by Electronic Arts, NCSoft, and Nexon veterans, has teamed up with Immutable, the leading web3 gaming platform, to build out its vision for the Interstellar odyssey via Immutable zkEVM.

Key Points: 
  • SEOUL, South Korea, July 18, 2023 /PRNewswire/ -- Galaxy Commanders , an upcoming, competitive web3-based mobile/PC game founded by Electronic Arts, NCSoft, and Nexon veterans, has teamed up with Immutable , the leading web3 gaming platform, to build out its vision for the Interstellar odyssey via Immutable zkEVM.
  • Galaxy Commanders is a competitive Player-versus-Player (PvP) game with immersive space battles and cooperative planetary conquests where gamers can collect unique battleships to build their own customized fleet.
  • "We at MagmaByte are thrilled to be partnering with Immutable, bringing Galaxy Commanders to their leading blockchain ecosystem," noted MagmaByte Founder John Lee.
  • The impressive track record of Immutable in facilitating over $1 billion in funding for games also further solidifies their strong commitment to the new Immutable zkEVM chain."

Rakuten Wallet Joins Oasys Blockchain as Validator, Alongside Softbank, KDDI, Nexon and MIXI

Retrieved on: 
Monday, June 26, 2023

Rakuten Wallet's addition to Oasys' dynamic network of validators marks a pivotal leap in Oasys' ongoing journey to revolutionise Web3 within the gaming industry.

Key Points: 
  • Rakuten Wallet's addition to Oasys' dynamic network of validators marks a pivotal leap in Oasys' ongoing journey to revolutionise Web3 within the gaming industry.
  • Moreover, possibilities of linking the Oasys ecosystem with Rakuten Wallet's developed services are currently under exploration.
  • In line with this, Rakuten Wallet will provide staking and validation services for Oasys' proof-of-stake network, a multi-layered, EVM-compatible public blockchain.
  • Tatsuya Yamada, CEO of Rakuten Wallet, said: "Oasys, Japan's pioneering gaming-focused blockchain, promises an unsurpassed environment for gaming users and intellectual properties.