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Krafton
Krafton Inc. ( ko, 주식회사 컴퍼니 크래프톤) is a South Korean video game holding company based in Bundang-gu, Seongnam. It was created in November 2018 to serve as the parent company for Bluehole, founded by Chang-Byung-gyu in Seoul in March 2007, and its subsidiaries. The company has produced or owns to rights to several notable video game titles including ''TERA'', '' PUBG: Battlegrounds'', ''New State Mobile,'' and ''Moonbreaker''. According to ''Forbes'', Chang has a net worth of $2.9 billion and is one of the seven gaming billionaires in South Korea. History Following the success of ''PlayerUnknown's Battlegrounds'' which had led to both investment from Tencent Holdings and expansion and acquisition of studios, Bluehole opted to establish Krafton on 5 November 2018 to serve as a holding company for its video game properties. "Krafton" was selected based on the names of craft guilds of the Middle Ages. Kim Chang-han, the CEO of the PUBG Corporation (current PUBG ...
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PlayerUnknown's Battlegrounds
''PUBG: Battlegrounds'' (previously known as ''PlayerUnknown's Battlegrounds'') is a battle royale game developed by PUBG Studios and published by Krafton. The game, which was inspired by the Japanese film '' Battle Royale'' (2000), is based on previous mods created by Brendan "PlayerUnknown" Greene for other games, and expanded into a standalone game under Greene's creative direction. It is the first game in the ''PUBG Universe'' series. The game is played from either a third-person or first-person perspective. In the game, up to one hundred players parachute onto an island where they scavenge for weapons and equipment to kill other players while avoiding getting killed themselves. The available safe area of the game's map decreases in size over time, directing surviving players into an ever tightening space to force encounters. The last surviving player (or team) wins the round. It was first released for Windows via Steam's early access beta program in March 2017, with a ...
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Battlegrounds
A battleground is the site of a battle. Battle Ground or battleground may also refer to: Arts, entertainment, and media Films * ''Battleground'' (film), a 1949 war film about the Battle of the Bulge * '' BattleGround: 21 Days on the Empire's Edge'' (2004), a documentary about the Iraq War * ''Forbidden Ground'' (2013 film), known as ''Battle Ground'' in the United States, an Australian action drama war film set in WWI Games * ''Battleground'' (video game series) by TalonSoft ** '' Battleground: Bulge-Ardennes'', the first game in the series * ''Battleground – Crossbows and Catapults'', a tabletop war game better known by its previous name, ''Crossbows and Catapults'' * '' Magic: The Gathering – Battlegrounds'', a 2003 strategy video game * '' PUBG: Battlegrounds'', a massively multiplayer online survival shooter previously known as ''PlayerUnknown's Battlegrounds'' * '' Star Wars: Galactic Battlegrounds'', a 2001 strategy game * '' World War II Online: Battleground Euro ...
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New State Mobile
''NEW STATE Mobile'' (formerly ''PUBG: New State'') is a futuristic style multiplayer online battle royale video game developed by PUBG Studios and published by Krafton. The game was released on November 11, 2021, for iOS and Android through the App Store (iOS/iPadOS), Google Play and Samsung Galaxy Store. It is the second installment in the PUBG Universe, separated from '' PUBG: Battlegrounds'' and its mobile version. As of December 2021, the game surpassed 50 million downloads worldwide. Gameplay In ''NEW STATE Mobile'', 100 players are deployed by jumping out of a plane on a remote 8x8 island called Troi, the game's main map, to collect supplies and battle each other as they fight to survive, with the last one becoming the winner. Troi is set in the year 2051 in the northern United States, with a futuristic environment, buildings, architecture and monuments. New features include drones, ballistic shields, neon sights, combat balancing ability, reviving dead teammates, a ...
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TERA (video Game)
''TERA'' (short for ''The Exiled Realm of Arborea''), also known as ''TERA Online'', was a massively multiplayer online role-playing game (MMORPG) developed by Bluehole Studio, a subsidiary of Krafton. The game was released in South Korea on 25 January 2011, in North America on 1 May 2012, and in Europe on 3 May 2012, with closed and open beta tests taking place before the launch dates. Nexon, Krafton, and Gameforge published the game in these regions, respectively. En Masse Entertainment was the North American publisher, until September 2020, while Atari handled physical distribution. In February 2013 the game was renamed to ''TERA: Rising'' concurrently with the game's launch to the free-to-play model. In September 2014, the game was renamed to ''TERA: Fate of Arun'' in the same patch that added a new level cap and expanded ''TERA''s horizons with the new continent in Northern Arun: Val Oriyn "cut off from the rest of the world for centuries, Northern Arun is a land of savage j ...
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Neon Giant
Neon Giant AB is a Swedish video game developer headquartered in Uppsala, Sweden. It was founded by Tor Frick, Arcade Berg, Jonathan Heckley and Erik Gloersen in 2018. History Neon Giant was founded in April 2018 as an independent venture by former AAA employee game developers; Tor Frick, Arcade Berg, Jonathan Heckley and Erik Gloersen. With the support of investor company Goodbye Kansas (now known as Amplifier Game Invest), Neon Giant received an initial investment of 1,000,000 kr (approximately $110,000). Upon investing in the company, Amplifier Game Invest CEO, Per-Arne Luundberg said — "Neon Giant consists of a real dream team that not only has enormous experience, they also have an incredibly efficient working process —I'm convinced that their first release will be a milestone in Swedish game development". The founders had previously worked on popular games such as ''Bulletstorm'', ''Far Cry 3'', '' Gears of War'', '' Wolfenstein'' and ''Doom''. On June 28, 2018, ...
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Unknown Worlds Entertainment
Unknown Worlds Entertainment is an American video game developer based in San Francisco. The studio is best known for the ''Natural Selection (video game), Natural Selection'' and ''Subnautica'' series. In October 2021, the studio was acquired by South Korean video game developer Krafton. History Unknown Worlds was formed in May 2001 by Charlie Cleveland and began life as a group of developers responsible for the development of the high-profile free mod (computer gaming), mod for ''Half-Life (video game), Half-Life'', ''Natural Selection (computer game), Natural Selection''. The success of ''Natural Selection'' convinced Cleveland to start work on a commercial sequel to the game: ''Natural Selection 2''. Soon after, Cleveland founded Unknown Worlds Entertainment as a commercial computer games studio. Although the casual games market is not the intended direction of Unknown Worlds, ''Zen of Sudoku'', a casual puzzle computer game based on the popular logic puzzle Sudoku, was creat ...
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Moonbreaker
''Moonbreaker'' is an upcoming turn-based strategy video game developed by Unknown Worlds Entertainment and published by Krafton. The game was released via early access on September 29, 2022 for Microsoft Windows. The game was described by the team as a "digital miniatures game", as it was heavily inspired by both tabletop role-playing games and collectible card games. The game is set in an original universe created by Brandon Sanderson. Gameplay ''Moonbreaker'' is a turn-based strategy video game. In each match, players must commandeer a captain and their squad and eliminate their enemy counterparts. The player's captain is supported by nine other crewmmates, which can be deployed once the player has collected enough "cinder", which is gained after each turn. Each character has their own unique abilities, and players need to spent cinder in order to utilize each character's special abilities. In each match, players need to carefully consider the positioning of their units. Hard ...
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Tencent Holdings
Tencent Holdings Ltd. () is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the world’s largest company in the video game industry based on its investments, with Tencent Games being the subdivision of Tencent Interactive Entertainment Group (IEG) focused on publishing of games. Founded in 1998, its subsidiaries globally market various Internet-related services and products, including in entertainment, artificial intelligence, and other technology. Its twin-skyscraper headquarters, Tencent Seafront Towers (also known as Tencent Binhai Mansion) are based in the Nanshan District of Shenzhen. Tencent is the world's largest video game vendor, as well as one of the most financially valuable companies. It is among the largest social media, venture capital, and investment corporations. Its services include social netwo ...
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Tencent
Tencent Holdings Ltd. () is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the world’s largest company in the video game industry based on its investments, with Tencent Games being the subdivision of Tencent Interactive Entertainment Group (IEG) focused on publishing of games. Founded in 1998, its subsidiaries globally market various Internet-related services and products, including in entertainment, artificial intelligence, and other technology. Its twin-skyscraper headquarters, Tencent Seafront Towers (also known as Tencent Binhai Mansion) are based in the Nanshan District of Shenzhen. Tencent is the world's largest video game vendor, as well as one of the most financially valuable companies. It is among the largest social media, venture capital, and investment corporations. Its services include social netwo ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Chinese Government
The Government of the People's Republic of China () is an authoritarian political system in the People's Republic of China under the exclusive political leadership of the Chinese Communist Party (CCP). It consists of legislative, executive, military, supervisory, judicial, and procuratorial branches. The constitutional head of government is premier, while the ''de facto'' top leader of government is General Secretary of the Communist Party. The National People's Congress (NPC) is the highest state organ, with control over the constitution and basic laws, as well as over the election and supervision of officials of other government organs. The congress meets annually for about two weeks in March to review and approve major new policy directions, laws, the budget, and major personnel changes. The NPC's Standing Committee (NPCSC) is the permanent legislative organ that adopts most national legislation, interprets the constitution and laws, and conducts constitutional reviews. The ...
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