Lineage2: Revolution is a huge hit
Lineage2: Revolution is a huge hit
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Netmarble IPO: What it says about the future of mobile gaming

Netmarble‘s $2.3 billion initial public offering is happening, and it values the company at $11 billion. It has made a billionaire out of founder Jun-hyuk Bang, and it could have big implications for the $46.2 billion a year global mobile games business.

The value is higher than the market capitalization of LG Electronics, one of South Korea’s chaebol companies, or big conglomerates. And it gives Netmarble the capital to go on an investment and acquisition binge around the world.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.