Nexon is a lucky online-only video game company with five major franchises that have generated billions of dollars in revenues over the years. That’s the payback from being the first company to launch a free-to-play online game — the Kingdom of the Wilds, released on the PC in 1996.
And by the end of this year, all five of those major franchises will be available on mobile devices, Nexon CEO Owen Mahoney said in an interview with GamesBeat. After releasing stellar earnings this month, Nexon’s shares hit record highs on the Tokyo Stock Exchange. The Tokyo-based company, which has lots of its operations and staff in South Korea, has been benefiting from the habits of new and veteran gamers alike during the pandemic. And if those games are as big on mobile as they are on the PC, then Nexon will be golden.
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