Krafton

Feature

Why Krafton "made a sizeable bet" on India

Krafton India CEO Sean (Hyunil) Sohn discusses the impact of BGMI on the local market, the support the company is offering startups, and prospects for Palworld Mobile

Dec. 13, 2024 James Batchelor

News

Global gaming industry sees steady M&A growth, says Drake Star Q3 2024 report

These M&As are thought to have generate $2.5bn, with another $1.1bn raised in private financing

Oct. 24, 2024 Vikki Blake

News

Krafton bringing Palworld to mobile | News-in-brief

Krafton has secured Palworld IP license in deal with Pocketpair, project will be handled by development team of PUBG Studios

Oct. 2, 2024 Sophie McEvoy

Feature

"We don't want to just replicate successful games": Behind Krafton's acquisition of Tango Gameworks

Head of corporate development Maria Park explains the reasoning behind the company's move to acquire the former Microsoft studio, and looks at the future of Hi-Fi Rush

Oct. 1, 2024 Matt Poskitt

News

Krafton invests $89 million in short form K-drama firm Spoon Labs

It's the firm's largest investment in a non-gaming area to date

Sept. 11, 2024 Marie Dealessandri

News

Krafton acquires Tango Gameworks and Hi-Fi Rush IP from Xbox

Microsoft previously announced plans to close the Japanese studio in May

Aug. 12, 2024 Christopher Dring

News

Krafton sees a 24% sales increase for Q1

The firm said that PUBG "saw its monthly active users and sales reach the highest figures since the F2P transition"

May 8, 2024 Jeffrey Rousseau

News

Krafton takes minority stake in Far From Home

South Korean firm to support the ongoing development of Early Access title Forever Skies

April 23, 2024 Marie Dealessandri

News

Krafton gets a 3% sales bump in 2023

Battlegrounds Mobile India generated the largest monthly sales in December for the publisher

Feb. 8, 2024 Jeffrey Rousseau

News

Krafton receives wrongful termination lawsuit

The lawsuit alleges the PUBG publisher fired a staffer after she reported being assaulted by an executive

Jan. 29, 2024 Jeffrey Rousseau

News

Krafton and NetEase settle PUBG, Knives Out dispute

Court rules that NetEase breached terms of contract

Dec. 1, 2023 Sophie McEvoy

News

Krafton unveils Krafton India Gaming Incubator

Gameloft and EA veteran Anuj Sahani is appointed head of the new program

Oct. 4, 2023 Jeffrey Rousseau

News

Glen Schofield leaving Striking Distance Studios

Chief development officer Steve Papoutsis to become CEO

Sept. 21, 2023 Sophie McEvoy

News

Krafton and Ironmace to develop mobile Dark and Darker

Update: Regarding Ironmace's legal battle, Krafton said that it's monitoring any judicial decisions as a third party

Aug. 25, 2023 Jeffrey Rousseau

News

Krafton to invest $150m into Indian games market

The developer says the country is one of its "premier engines of growth"

Aug. 14, 2023 Sophie McEvoy

News

Krafton's H1 2023 sees a 2% sales dip

The publisher says that Battleground Mobile India has been performing well since its ban lifted

Aug. 9, 2023 Jeffrey Rousseau

News

Callisto Protocol studio reduces staff by 32 employees

Striking Distance Studios' layoffs comes a month after the game's June DLC launch

Aug. 2, 2023 Jeffrey Rousseau

News

Krafton launches new studio Relu Games

Developer to focus on deep learning game development, debut title Foonda: AI Puzzle to release this Q3

June 16, 2023 Marie Dealessandri

News

Authorities grant Battleground Mobile India a three-month trial period

The move comes as Krafton addressed authorities concerns about data security following a nearly one-year ban

May 19, 2023 Jeffrey Rousseau

News

Krafton Q1 revenue hits $408m

PUBG PC and console sales were up 70% year-on-year, accounting for 33% of the firm's earnings

May 9, 2023 Jeffrey Rousseau

News

Krafton-NetEase settlement dispute goes to trial

PUBG and Knives Out publishers disagree on which one violated the 2019 settlement agreement over copyright claims

May 3, 2023 Jeffrey Rousseau

News

Krafton sees full-year sales, profit dip

In wake of disappointments, the Callisto Protocol publisher will impose more oversight over its development studios' work

Feb. 8, 2023 Brendan Sinclair

Feature

Ex-Ubisoft devs lead Krafton's new AAA studio in Montreal

Team aims to grow to 150 people in three years, debut will be based on Korean fantasy novel The Bird That Drinks Tears

Feb. 8, 2023 James Batchelor

News

Analysts lower sales targets for Callisto Protocol

Industry watchers attributed the title's current sales to game length and the developer's focus on production values

Jan. 13, 2023 Jeffrey Rousseau

News

Krafton profits up to $171.5 million despite lowest quarter since 2020

PUBG publisher also announces acquisition of The Ascent developer Neon Giant and plans for new Canada studio

Nov. 11, 2022 James Batchelor