Nexon Launching Mobile Dungeon&Fighter in Korea in Q1 2022

Rhea-AI Summary

NEXON Co., Ltd. announced plans to launch Mobile Dungeon&Fighter in Korea, targeting a first quarter 2022 release. The game, based on one of the world's most popular franchises, has over 700 million registered players and has generated more than US$15 billion in revenue. Coordination with Tencent Games for a China launch is ongoing, though no specific timeline is available. The mobile gaming sector continues to expand rapidly, and Nexon aims to reach millions of players in Korea.

Positive

• 700 million registered players for Dungeon&Fighter globally.
• Dungeon&Fighter franchise has generated over US$15 billion in lifetime revenue.
• Launch of Mobile Dungeon&Fighter in Korea scheduled for Q1 2022.

Negative

• Lack of visibility on the timing for the game's launch in China.

>700 Million Registered Players on PC Worldwide

Mobile Dungeon&Fighter for China Also Being Pursued With Publishing Partner Tencent Games

TOKYO--(BUSINESS WIRE)-- NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced plans to launch Mobile Dungeon&Fighter for players in Korea. The Korean game is expected to launch in the first quarter of 2022. Nexon also continues to coordinate with its Chinese publishing partner, Tencent Games, on the game’s release in China, although Nexon presently has no information with respect to the timing of the release.

Based on Nexon’s original IP, Dungeon&Fighter is one of the world’s most popular and enduring game franchises. Mobile Dungeon&Fighter features an iconic 2D arcade-style side-scrolling action, deeply immersive multiplayer role-playing game (RPG) elements, and a continuously evolving storyline. Optimized for mobile devices, Mobile Dungeon&Fighter delivers a fast, fun and action-packed gameplay experience synonymous with this beloved franchise.

“Dungeon&Fighter has been played by more than 700 million people worldwide and generated more than US$15 billion in lifetime revenue, and mobile is the fastest growing game platform,” said Owen Mahoney, President and CEO of Nexon. “Though we have no visibility on the timing, we eagerly anticipate the launch in China when conditions allow, and we look forward to a roll out of Mobile Dungeon&Fighter to millions of Korean players in the first quarter of 2022.”

About NEXON Co., Ltd. https://company.nexon.co.jp/en/

Founded in 1994, NEXON Co., Ltd. (Nexon) (3659.TO) is a company engaged in the production, development and operation of online games and Virtual Worlds. First listed on the Tokyo Stock Exchange in December 2011, Nexon was placed on JPX400 in 2015 and added to the Nikkei Stock

Index 300 in 2017. In 2020, Nexon was added to the Nikkei 225. Nexon currently has more than 50 live games on multiple platforms including mobile and available in more than 190 countries. Major game franchises include MapleStory, KartRider and Dungeon&Fighter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211101005611/en/

NEXON Co., Ltd. Corporate PR

CorporatePR.Team@nexon.co.jp

Jeff Brown

jbrown@nexon.com

Source: NEXON Co., Ltd.

FAQ

When will NEXON launch Mobile Dungeon&Fighter in Korea?

NEXON plans to launch Mobile Dungeon&Fighter in Korea in the first quarter of 2022.

What is the global player count for the Dungeon&Fighter franchise?

The Dungeon&Fighter franchise has over 700 million registered players worldwide.

How much revenue has the Dungeon&Fighter franchise generated?

The Dungeon&Fighter franchise has generated more than US$15 billion in lifetime revenue.

What is the status of the Mobile Dungeon&Fighter launch in China?

NEXON is coordinating with Tencent Games for the launch in China, but no specific timing has been provided.