Spending Success
Dungeon & Fighter: Mobile smashes $1bn in six months in China
Nexon’s beat 'em up has hit the mighty $1 billion mark solely in iOS player spending in China
Company Profile
Nexon
Website
www.nexonm.com
About
A pioneer in the world of interactive entertainment software, Nexon Mobile introduced the world to the first graphic MMORPG, The Kingdom of the Winds, back in 1995.
Related People
Dennis Bernardo
Producer
Lee WooChang
Team Manager, UA Department
Kim Jung-ju
Founder
Kieran Kyunghoon Park
Corporate Investment Division
Min Kim
Owen Mahoney
CEO
+3 more
Accolades
Articles featuring Nexon
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Mobile's New Kings
Royal Kingdom is here - Are new hits reshaping the top grossing mobile games charts?
Analysing the new kings of mobile gaming
Best Of 2024
The Top 50 Mobile Game Makers of 2024
The mobile movers and shakers of the last 12 months revealed!
Hot Five
Hot Five: Genshin Impact’s $6.3 billion success, Dungeon & Fighter: Mobile’s Chinese takeover, while Ubisoft shares down 20%
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Job Losses
Nexon America lays off “small number” of staff
Publisher establishes Western Development Group headed by Hanbyeol Oh
Top Grosser
Dungeon & Fighter: Mobile surpasses $800 million in four months
The beat ‘em up made almost $10 million in a single day this June
Devs Fight Back
Mobile gaming’s secret and not so-secret new blockbusters
It's a tough market, but a number of mobile games, new and old, are making waves
Earnings Report
Nexon hits record Q2 revenue fueled by Dungeon & Fighter Mobile success
Revenue exceeded expectations by reaching ¥122.5 billion a 30% increase year over year
Top Charts
June 2024 mobile game charts: Dungeon & Fighter Mobile hits No. 1, and Supercell rises to No. 2
Our monthly look at the global mobile game rankings across the App Store and Google Play
Collab Cometh
Goddess of Victory: Nikke is delivering its "biggest minigame ever" via Dave the Diver collab
Shift Up’s shooter is going retro with a neew pixel-graphics game mode starting July 4th
China Cha-ching
Dungeon & Fighter Mobile’s first month of iOS revenue was twice that of Honor of Kings
Nexon and Tencent's RPG generated $270 million on iOS in its first month, becoming China’s most-downloaded game
Big News
Squad Busters’ supercharged launch, Pokémon’s record revenue, and Star Wars: Hunters finally hits the target
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Top Charts
May 2024 mobile game charts: Brawl Stars peaks, Supercell rises, and Dungeon & Fighter Mobile’s big China launch
Our monthly look at the global mobile game rankings across the App Store and Google Play
Fighting Start
Dungeon & Fighter Mobile picks up $66 million on China's App Store in first week
Nexon president and CEO Junghun Lee said title has potential to have "profoundly positive impact" on company's revenue and profit
Five New Games
New release roundup: The best new mobile games from a battle royale to a console classic remake
We highlight five new games that have broken cover and are all set to do big business
Financials
Nexon banks on $22bn IP Dungeon & Fighter being a mobile hit in China as Q1 revenue declines
Franchise has generated more than $22 billion to date, as publisher eyes as much as a 90% boost to China earnings with mobile release
Web3 Expansion
Nexon expands to UAE with new blockchain game subsidiaries
Publisher establishes Nexon Universe Global and Nexpace in region as it aims to expand blockchain initiatives
Tencent Turnaround
China approves 32 overseas licences including Nexon and Tencent’s Mobile DnF
While an unstable landscape for games, China continues to prove a lucrative one
Antitrust Heat
Antitrust regulator hits Nexon Korea with record fine for deceptive practices
Meanwhile the company hits back, challenging the regulator's decision, claiming that its explanation has not been fully acknowledged
Five New Games
New release roundup: From the return of Dynasty Warriors to a 'brand new' retro-fuelled 16-bit kart racer
We highlight five new games that have broken cover and are all set to do big business
Rising Revenues
Nexon’s Q3 2023 smashes records with 78% revenue rise in North America and Europe
This marks the sixth consecutive quarterly report with double-digit growth
Job News
Nexon CEO Owen Mahoney to step down from his role
Junghun Lee will assume the position of CEO in March 2024
Korean Market
South Korea’s in-app purchase revenue has reached almost $3.6 billion in the year to date
Sensor Tower's report reveals that revenue remains above pre-pandemic levels, but downloads are down
Mobile Manoeuvre
The next Dynasty Warriors game is on mobile, and it’s soft-launching today
Dynasty Warriors M is in essence a mobile port of 2018’s Dynasty Warriors 9
Success In China
MapleStory M surpassed $55 million in its first 35 days on the Chinese market
The game’s success in China pushed the game over $600 million in lifetime revenue
Nexon Financials
Nexon celebrates 12% year-on-year increase in revenue in 2023’s second quarter
However, the company’s net income decreased 7% over the same period
Nexon Financials
Nexon celebrates a record breaking first quarter 2023
The company generated $923.1 million in revenue for Q1 with mobile proving strong
Appointments
Nexon appoints two new directors to its board
The announcement is in addition to the reappointment of three directors
Releases
Nexon’s MapleStory M comes to China with Maplestory: The Legend of Maple
The spin-off from MapleStory M is being developed in partnership with Tiancity
Financials
Nexon revenue up 49% for Q4 to record-breaking $618m
The Japanese game company credits a strong finish to the year with Dungeon and Fighter Mobile’s strong performance
Racing And Riding
Nexon’s new KartRider game races onto mobile with a Premium Racing Pass for bonus challenges
KartRider: Drift launches simultaneously on PC and mobile
Nexon Financials
Nexon financials offer evidence to support industry analysis, and boast substantial growth
Nexon, the company behind games such as DNF Mobile, released their financials for Q3, and their results showed record revenue, rising in some areas and dipping in one key market
Quarterly Report
Korean market key as Nexon experiences a record-breaking quarter
FIFA Online 4 and Dungeon&Fighter Mobile were the company's biggest mobile hits
New Developer Launch
Nexon introduces Developer Wings 2022 on its PROJECT MOD platform
A mobile and web platform that enables creators and players to create content for existing Nexon games, including Maple Story
Multimedia... Maybe?
Nexon eyes a multimedia western expansion for its biggest franchises
Discussions between the publisher and independent film and television production company AGBO to translate MapleStory and Dungeon & Fighter beyond games
Football And Fighting
Nexon predicts doubling of mobile revenue following Q1 2022 financials
Record year for FIFA ONLINE 4 M and launch of Dungeon&Fighter Mobile bolster Nexon's mobile confidence
No Change In Nxc Leadership
Correction: no change in CEO responsibilities for Nexon or NXC
No change in CEO responsibilities for Nexon or NXC
Offering Condolences
Nexon founder Kim Jung-ju passes away at 54
Cause currently undisclosed
Fallen Fiscally
Nexon mobile revenue falls 20% following a year of "building and investment"
Looking ahead at upcoming games pipeline in 2022 to boost revenue
Fighting On
Nexon to bring Dungeon & Fighter to mobile on March 24
Will feature iconic "arcade-style" RPG action
Total Divestment
Update: Stillfront acquires 6Waves for $201 million, buys out Nexon's 34.8% stake for $93 million
Purchasing 26.5 million shares from Nexon
Diversification
Nexon branches out with $400 million investment into Russo Brother’s AGBO
A further $100 million set aside
Left Perchance
Nexon launches real-time probability monitoring system
Nexon Now to be implemented in all upcoming games
Agglutination
Nexon to Merge subsidiaries Nat Games and Nexon GT
Will rebrand as Nexon Games
Socially Interactive Experience
Nexon partners with Games Workshop to develop Warhammer: Age of Sigmar
Bringing Warhammer to a "socially interactive" player-versus-environment world
Quality Inbound
Nexon highlights new games as Q2 2021 sales decline 21% to $510 million
Waiting for new blood to emerge
Live And Kicking
How Nexon adapted KartRider Rush Plus for mobile
23 million players and counting
14th Year
Nexon announces schedule for Nexon Developers Conference 2021
Running 9-11 June 2021
Doubling Down
Nexon's 2021 Q1 revenue grows 7% to $806 million
Generating $420 million profit
Harder Gold
Nexon buys $100 million Bitcoin
Spent 2% of its cash reserves