Lineage2: Revolution is a huge hit

Netmarble to raise $2.4 billion in IPO for it mobile gaming business

Netmarble Games has filed papers to raise $2.4 billion in an initial public offering (IPO).

The Seoul-based company is South Korea’s largest maker of mobile games, with hits such as Marvel: Future Fight, and it recently acquired the Vancouver division of Kabam, maker of Marvel: Contest of Champions, as part of its drive into Western games. The IPO would be South Korea’s biggest since Samsung’s insurance arm went public in 2010.

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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.