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Pearl Abyss – Black Desert studio prepares for IPO in South Korea

MikehaMikeha Member EpicPosts: 9,196
in Black Desert Online
According to local reports, game developer Pearl Abyss has started procedures to be listed on KOSDAQ, a trading board of Korea Exchange (KRX) in its native South Korea. Its maiden game, Black Desert, is currently serviced in multiple regions worldwide with great results, and a mobile version is in development as well. It is still unknown how much valuation is the company gunning for.

http://mmoculture.com/2017/05/pearl-abyss-black-desert-studio-prepares-for-ipo-in-south-korea/



Comments

  • SpottyGekkoSpottyGekko Member EpicPosts: 6,916
    Very ambitious company, it seems.

    They're still hoping (in vain) that someone will buy the publishing rights for BDO in Africa and the Middle East. Most other companies include those regions in their EU licenses, because the gamer population in those areas is too small to bother with separately.

    Probably a bit of a stretch to launch an IPO on the strength of one game, but I suppose "strike while the iron is hot", as they say. There may never be a better time... :wink:
  • ReaperUkReaperUk Member UncommonPosts: 760
    SpottyGekko said:
    Very ambitious company, it seems.

    They're still hoping (in vain) that someone will buy the publishing rights for BDO in Africa and the Middle East. Most other companies include those regions in their EU licenses, because the gamer population in those areas is too small to bother with separately.

    Probably a bit of a stretch to launch an IPO on the strength of one game, but I suppose "strike while the iron is hot", as they say. There may never be a better time... :wink:
    Of course, it's possible they may have another game in the pipeline and need funds to develop that one................
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