Konig Glory Signs Overseas Licensing Agreement with China's Big 3 Game Company '37IE'
[Asia Economy Reporter Hyunseok Yoo] Konic Glory announced on the 25th that it has signed an overseas licensing agreement with China’s top 3 gaming company, 37 Interactive Entertainment (hereafter 37IE), and Idle Angels. 37IE, with annual sales approaching 3 trillion KRW, is scheduled to handle marketing for Idle Angels in the Japanese market starting next month.
Konic Glory’s recent new release, Idle Angels: Goddess War (Idle Angels), is an idle RPG (Role-playing game). Players collect beautiful goddess characters through summoning and progress through stages by battling. It features idle character development that supports simple auto-hunting and growth. Goddess War officially launched in Japan on the 24th, following its release in Korea. A Konic Glory representative stated that through the full-scale game business, they aim for annual sales of approximately 45 billion KRW in Korea and Japan.
37IE is a gaming company listed on the Shenzhen Stock Exchange in China with a market capitalization of about 14 trillion KRW. 37IE has branches in global regions including its Guangzhou headquarters, Beijing, Shanghai, Anhui, Jiangsu, Hubei, Hong Kong, Taiwan, Southeast Asia, Japan, Korea, Europe, and North America. 37IE has been selected by Goldman Sachs for the CSI300 Index, MSCI Index, and China Emerging Blue Chip 50.
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37IE possesses not only a Chinese but also a global publishing platform and develops its own games. For local Chinese game publishing, 37IE operates 37Games; for overseas publishing, 37GAMES; and for mobile, 37Mobile, developing and servicing these game publishing platforms. 37IE’s own mobile games are developed and operated by Aurora Studio and Crater Lake Studio.
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