Mgame Collaborates with Tigon Mobile on Mobile Business Based on Yeolhyeol Gangho IP

[Asia Economy Reporter Park Hyungsoo] Mgame's most anticipated mobile massively multiplayer online role-playing game (MMORPG), ‘Jin Yeolhyeol Gangho’, is now available for release across all Asian regions.

On the 16th, Mgame announced that it has signed a mobile game business cooperation contract based on the ‘Yeolhyeol Gangho’ intellectual property (IP) with Tigon Mobile, a subsidiary of Longtu Korea, for Asian regions excluding Greater China.

The IP contract for Greater China, including China, Taiwan, Hong Kong, and Macau, was signed in 2017. With this additional contract, Mgame can now release the mobile game Jin Yeolhyeol Gangho, currently under development, throughout Asia including South Korea.

Mgame plans to launch Jin Yeolhyeol Gangho, a mobile game that faithfully inherits ‘Yeolhyeol Gangho Online’, in the domestic and Southeast Asian markets within the second half of this year.

Both South Korea and Southeast Asia are being considered as the initial release regions, with a strategy of selection and concentration to proceed sequentially.

Recently, in the mobile game market, ‘original’ mobile games that transfer popular online games to mobile platforms while preserving the originality of the original work have been gaining popularity.

Jin Yeolhyeol Gangho is highly anticipated for success as it is the successor to ‘Yeolhyeol Gangho Online’, which has been successfully serviced for the past 15 years in Asian regions including South Korea, China, Taiwan, Japan, Vietnam, and Thailand.

Kwon Yi-hyung, CEO of Mgame, said, “We are now able to quickly proceed with the release of Jin Yeolhyeol Gangho, which had long been delayed due to the Chinese licensing issues,” adding, “With new revenue from strong IPs like Jin Yeolhyeol Gangho, a significant leap in the second half of the year is possible.”

The original ‘Yeolhyeol Gangho Online’ is a comic martial arts online game developed based on the popular martial arts comic ‘Yeolhyeol Gangho’. It is a long-running game that started service in South Korea in 2004 and expanded to China, Taiwan, Thailand, Japan, the United States, Vietnam, and other countries.

This content was produced with the assistance of AI translation services.