Kakao Games

About Kakao Games

Kakao Games is a global video game publisher and developer, operating as a key subsidiary of the South Korean technology giant, Kakao. The company's origins date back to NZIN Corp., founded by Namgung Hoon in 2015, which was subsequently acquired by Kakao. Following a merger with Daum Games, the entity was rebranded as Kakao Games in July 2016. The company achieved a significant milestone with a record-setting IPO on the KOSDAQ market in September 2020. The firm's business model focuses on developing original titles and publishing games from third-party developers across PC, mobile, and VR platforms. Revenue is primarily generated through in-game purchases and game downloads. Kakao Games strategically leverages the vast user base of its parent company's KakaoTalk messaging app for marketing and community building. The business serves a diverse international audience across North America, Europe, and Asia, with a substantial portion of its revenue originating from its home market in South Korea. Kakao Games' portfolio spans a wide range of genres, from casual mobile games to complex massively multiplayer online role-playing games (MMORPGs). The company has been the Korean publisher for major titles like *PlayerUnknown's Battlegrounds* (PUBG) and *Path of Exile*. A notable success is the publishing of *Odin: Valhalla Rising*, an MMORPG that became a top revenue generator. To enhance its development capabilities, Kakao Games has acquired several studios, including XLGAMES, Lionheart Studio, and Ocean Drive Studio. This strategy ensures a pipeline of high-potential titles, such as the upcoming MMORPG *Chrono Odyssey*.