Krafton has released a financial report for the second quarter ended June 30, 2024. The South Korean company posted strong revenue and profit growth thanks to the success of the PUBG franchise.

Tango Gameworks has suddenly revived just months after being shut down by Microsoft. The Japanese studio will now be part of PUBG maker Krafton.

Krafton has released its financial report for the first quarter of 2024. The South Korean company posted strong revenue and profit growth, also outlining steps to become the number one game publisher in India.

Krafton has released its financial report for the third quarter ended September 30. The South Korean publisher reported strong sales, also detailing its pipeline and plans to become a global game publisher.

Industry veteran Glen Schofield is leaving Striking Distance, a studio he founded to develop The Callisto Protocol. The game, which was supposed to become a spiritual successor to Dead Space, missed Krafton’s expectations.

The situation around Dark and Darker has taken an unexpected turn. Although the legal fight between Ironmace Games and publisher Nexon is not yet over, PUBG maker Krafton is now considering creating a mobile game based on this IP.

PUBG Mobile is the second highest-grossing mobile game globally. The title only strengthened its position after reaching a new revenue milestone.

Battlegrounds Mobile India, the Indian version of PUBG Mobile, has been approved to be relaunched in the country. This follows a 10-month ban the Indian government has imposed on the game over national security concerns.

Krafton has decided to acquire a 10% stake in People Can Fly. The deal will also help the Polish developer finance its updated business strategy.

It looks like The Callisto Protocol didn’t live up to publisher Krafton’s expectations. This led market analysts lowering sales projections and share price targets.

Krafton has been awarded by the South Korean government for its contribution to the development of the national economy. The PUBG maker was the only game company with such a large share of export revenue.

PUBG Mobile has reached another milestone by crossing the $9 billion mark in lifetime revenue. Players have spent another $1 billion on in-game purchases over the last two quarters.

The Callisto Protocol, one of the most anticipated horror games, has come out to some mixed reviews and received criticism from PC players. As a result, the game’s publisher Krafton saw its shares decline.

Krafton has released its financial report for the third quarter (ended September 30). The South Korean company behind the PUBG franchise also announced its plans to acquire Swedish developer Neon Giant.

Battlegrounds Mobile India (BGMI), a separate version of PUBG Mobile, has been banned in India due to its data sharing in China. This came after Krafton announced its plans to increase its investments in the country’s games market.

Krafton has been building up its presence in the Indian market after relaunching PUBG Mobile in the country last year. The company has already invested $100 million in local startups, planning to double that amount this year.

PUBG Mobile remains the highest-grossing mobile battle royale. According to the latest data by Sensor Tower, the game recently surpassed $7 billion in revenue since its launch in March 2018.

Unknown Worlds, known for developing survival action-adventure Subnautica, has joined Krafton. The PUBG parent company has acquired the studio for an undisclosed sum.

Biubiubiu (硬汉枪神) is a new Chinese film about a streamer who forms an esports team with his friends. A video game presented in the movie is very similar to PUBG. That’s why Krafton is now considering legal actions against its creators.