[Asia Economy Reporter Bu Aeri] Namgung Hoon, CEO of Kakao Games, stated during the earnings conference call on the 8th, "The funds raised from the IPO will be continuously invested in game developers."


He added, "In addition, we are also considering investments in platform companies that can be integrated with game content."



In December last year, Kakao Games made a 190 billion KRW investment in the game developer Neptune, becoming its largest shareholder. Prior to Neptune, they also made a strategic investment in the blockchain game company WayToBit.


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

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