Netmarble

Netmarble Corp. (Korean: 넷마블 주식회사) is a South Korean mobile game developer. It is South Korea's largest mobile-gaming company which was founded in 2000 by Bang Jun-hyuk.100000[8]

Netmarble Corporation
Native name
넷마블 주식회사
TypePublic
KRX: 251270
IndustryMobile game
Web game
FoundedMarch 1, 2000 (2000-03-01)
FounderBang Jun-hyuk
HeadquartersGuro District, Seoul
Area served
Worldwide
Key people
Park Sean (CEO)[1]
ProductsOnline games
KRW 294 billion (2016)[2]
KRW 209 billion (2016)[3]
Total assets KRW 1,957 billion (2016)[4]
Total equity KRW 1,310 billion (2016)[5]
Owner
Number of employees
3,000 non-consolidated in Korea (2016)[7]
SubsidiariesHybe Corporation (19.90%)
Kabam
Kung Fu Factory
Jam City, Inc. (minority stake)
Website

Overview

Netmarble developed Lineage 2 Revolution in 2015 and released to the public that same year. As of 2019 L2R became one of the highest-grossing mobiles in the market; exceeding 924 million dollars in 11 months since its release. Currently, Netmarble continues to update and bring new content to L2R.

Netmarble produces role-playing mobile games. As of 2015, it had more than 3,000 employees and served over 120 countries worldwide. In May 2017, Bang took the company public, raising $2.4 billion.[8]

Netmarble has developed mobile games including Seven Knights, Raven (Evilbane in the U.S.) and Everybody's Marble. It also claims a large shareholder stake in SGN, a casual game developer, and has a strategic partnership with CJ ENM.[9]

Since 2015, the company has licensed Disney-owned properties to produce games such as Marvel: Future Fight (2015),[10] Disney Magical Dice (2016),[11] and Star Wars: Force Arena (2017).[12][13][14][15]

In 2018, Netmarble named Park Sean as its new CEO. Park, the former chief strategy officer of the operator of KakaoTalk, co-headed Netmarble with incumbent chief Kwon Young-sik.[16]

In April 2018, Netmarble acquired 25.71% in Big Hit Entertainment, the agency of Korean boy group BTS and TXT, becoming its second largest shareholder.[17] As of 2021, Netmarble owns 19.31% of the Big Hit Entertainment after it changed its name to HYBE Corporation[18]

Netmarble and Disney's partnership significantly deteriorated near the end of 2018 when the former announced that it can no longer support Disney Magical Dice and Star Wars: Force Arena, and eventually shut down both games, leaving Future Fight as the only Disney-based game it supports.

In February 2021, the company acquired Los Angeles based developer Kung Fu Factory.

As of 2021, Netmarble shareholders consisted of Bang Jun-hyuk (24.12%), CJ ENM (21.78%), Tencent (Han River Investment Pte. Ltd.) (17.52%), NCsoft Corp. (6.8%) and Others (29.78%).[19]

Notable games

References
  1. "Netmarble names Park Sean as new CEO". Yonhap News. February 26, 2018.
  2. "넷마블게임즈 주식회사 감사보고서" (in Korean). Dart. March 17, 2017. Retrieved May 21, 2017.
  3. "넷마블게임즈 주식회사 감사보고서" (in Korean). Dart. March 17, 2017. Retrieved May 21, 2017.
  4. "넷마블게임즈 주식회사 감사보고서" (in Korean). Dart. March 17, 2017. Retrieved May 21, 2017.
  5. "넷마블게임즈 주식회사 감사보고서" (in Korean). Dart. March 17, 2017. Retrieved May 21, 2017.
  6. "Netmarbel Corporate Governance". Retrieved August 13, 2021.
  7. "넷마블게임즈 주식회사 감사보고서" (in Korean). Dart. March 17, 2017. Retrieved May 21, 2017.
  8. "Profile: Bang Jun-hyuk". Forbes. February 28, 2019.
  9. "넷마블 분기보고서" (in Korean). Dart. September 30, 2018.
  10. "Marvel: Future Fight launches from Netmarble". Marvel Entertainment. April 30, 2015. Archived from the original on December 26, 2017. Retrieved July 26, 2017 – via Marvel.com.
  11. Jones, Elton (April 28, 2016). "Disney Magical Dice: Top 10 Tips & Cheats You Need to Know". Heavy.com. Retrieved July 26, 2017.
  12. Minotti, Mike (November 17, 2016). "Star Wars: Force Arena for mobile sure looks like a MOBA". VentureBeat. Retrieved July 26, 2017.
  13. Brooks, Dan (January 12, 2017). "Dream Teams: How Star Wars: Force Arena Puts You in Control of the Galaxy's Greatest". StarWars.com. Retrieved July 26, 2017.
  14. Shaul, Brandy (January 12, 2017). "Netmarble Launches Star Wars: Force Arena on iOS, Android". AdWeek. Retrieved July 26, 2017.
  15. "Star Wars: Force Arena". Netmarble Game. Retrieved July 26, 2017 – via StarWarsForceArena.com.
  16. "Netmarble names Park Sean as new CEO". Yonhap News. February 26, 2018.
  17. Herman, Tamar. "Netmarble Games Becomes Second-Largest Shareholder Of BTS's Label, BigHit Entertainment". Forbes.
  18. "HYBE Corporate Governance". hybecorp.com. Retrieved August 13, 2021.{{cite web}}: CS1 maint: url-status (link)
  19. "Netmarble Corporate Governance". Netmarble. August 13, 2021.{{cite web}}: CS1 maint: url-status (link)
  20. "2 Worlds: Cross Worlds Official Site". 2worlds.netmarble.com (in Korean). Retrieved June 11, 2021.{{cite web}}: CS1 maint: url-status (link)
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