Korea to focus on fostering console game industry over next 5 years: culture ministry

Evilnemesis8

Veteran
19 Dec 2023
1,460
1,241
ShiftUp would be a solid get.

ShiftUp just applied for an IPO, I don't think that's happening anytime soon.

Shift Up filed an application on March 5, planning to list over 58 million shares on the Korea Stock Exchange.
Korean analysts currently expect Shift Up to reach a valuation of ₩3 trillion ($2.3 billion) after going public.
Shift Up co-founder CEO Kim Hyung-tae remains the largest shareholder, owning 45% of the studio’s shares. Chinese tech giant Tencent also invested twice in the studio, currently holding a 24% stake in the company.
 

Eternal_Wings

Dein Nomos
24 Jun 2022
2,938
3,873
They also should try to buy Pearl Abyss. They are actually a no Brainerd, because they are valued at 500m.
Sony should money-hat Crimson Desert to become PS5 exclusive.
 

Yurinka

Veteran
VIP
21 Jun 2022
7,726
6,616
Nice, this is a great and smart move after Lies of Phil and Stellar Blade. Sony will love it, because already has been there contacting Korean devs.