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General: Nexon Posts Big Gains in Q1
SBFord
Former Associate EditorMember LegendaryPosts: 33,129
Nexon America has announced its Q1 2011 financial results with some surprising numbers given the current economic situation around the world. According to the report, Nexon America posted a 59% revenue growth as compared to the same time period in 2010.
Historically, first quarter sales tend to decline seasonally compared to the rest of the year, making the enormous jump in revenues particularly notable. During the first quarter, Nexon America added compelling new content to its catalogue of games it services in North America, contributing to the increase in player activity and sales.
“Our success is the result of our ability to deliver engaging content that our players find valuable, whether they are playing for free or purchasing items in our games,” said Daniel Kim, CEO of Nexon America. “The substantial growth we are experiencing in North America is a reflection of how well Nexon is doing globally. We are growing our traditional MMOG business as well as expanding into other platforms such as the mobile and social games, which will help to expand our global reach and the number of people playing our games.”
Read more at Venture Beat.
Comments
good! now they shud be able to affod launching vindictus for the EU!
Im still patiently waiting for a F2P game thats worth playing. One day.
only reason nexon getting huge gain is bc most of their game punishes free to play while making it so it that people who pay have an overwhelming advantage in game
meh vindictus is a great game without to much advantage in the game from item sales and with this increase in green they should be able to release Dragon's Nest in the US... hopefully... i can dream..
Try Vindictus. You don't need CS for end game like every F2P does.