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.