NEXON CO LTD UNSP/ADR - NEXOY STOCK NEWS

Nexon announced the KartRider: Drift Closed Beta, launching today at 4pm Pacific Time and ending on December 15th. This free-to-play, cross-platform game allows players to customize karts and characters extensively. Utilizing Unreal® Engine 4, it delivers high-quality graphics and drift-fueled racing without pay-to-win features. Accessible on PC via Nexon’s launcher, Steam, PlayStation®4, and Xbox One, it aims to extend the popular KartRider franchise, which has over 380 million players worldwide.

NEXON Co., Ltd. has announced a licensing agreement with Games Workshop for the development of a new Virtual World based on the popular Warhammer Age of Sigmar franchise. This new PvE multiplayer RPG will be available on PC, consoles, and mobile platforms, showcasing Nexon's advanced Live Operations. While the exact terms and launch date were not disclosed, the collaboration aims to create an engaging experience for both new and existing Warhammer fans, enriching the gaming universe with customizable characters and interactive gameplay.

Nexon has launched Dan-Ah, the 19th hero in the MMORPG Vindictus, as of December 7, 2021. Dan-Ah, a warrior equipped with the Soulblade, showcases unique soul-powered abilities and combat styles. Her exclusive gear, Phoenix Soul, enhances her charm and combat effectiveness. To celebrate her introduction, Vindictus is hosting various events, including the 'Dan-Ah's Celebratory Package Event' and the '2021 Freezing Cold! Winter Golden Time Event,' which offer rewards to players who engage with her. For more details, visit the promotion page.

Nexon announces a new update for its action RPG Darkness Rises, featuring the Labyrinth of the Abyss, which introduces roguelike gameplay and varying maps. Players will embark on a solo mission to defeat bosses and discover hidden escapes. Additional limited-time events include the Magic Circle and a Christmas Event offering unique in-game items. Darkness Rises has attracted over 23 million players and features dynamic graphics and immersive gameplay across iOS and Android.

NEXON Co., Ltd. reported its Q3 2021 results, achieving revenues of ¥75.9 billion, a 4% decline year-over-year. Operating income rose 8% to ¥29.8 billion, and net income surged 132% to ¥37.9 billion. Key franchises, including MapleStory and Dungeon&Fighter, demonstrated growth, particularly in Korea and China. The company anticipates Q4 revenues between ¥51.2 to ¥57.0 billion, reflecting a potential drop of 14% to 23% year-over-year. Upcoming launches include Mobile Dungeon&Fighter in Q1 2022 and KartRider: Drift, generating optimism for future performance.

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.

Nexon announced a limited-time collaboration event for the free-to-play mobile RPG KonoSuba: Fantastic Days with the popular anime Re:ZERO, running from November 9 to 23. Players can pre-register now and earn rewards based on the number of participants. Special events include online quizzes and daily log-in bonuses. The collaboration features exclusive story interactions, character recruiting opportunities, and new game modes. Additionally, significant updates to the main story and new gameplay modes are included, enhancing player experience.

Nexon has announced the Closed Beta for its upcoming KartRider: Drift game, set to launch on December 8 at 4pm Pacific, running until December 15. The beta will be available on PC through Nexon’s launcher and Steam, as well as on Xbox One and PlayStation® 4. Players can enjoy extensive customization, a no-pay-to-win model, and stunning graphics powered by Unreal® Engine 4. The KartRider franchise boasts over 380 million players since its 2004 launch, emphasizing its popularity and established eSports presence.

Bitwise Index Services announces monthly reconstitution results for its crypto indexes effective September 30, 2021. Cosmos (ATOM) replaces Stellar (XLM) in the Bitwise 10 Large Cap Crypto Index. The updated index consists of 61.39% Bitcoin, 26.38% Ethereum, and a mix of other cryptocurrencies, including Cardano and Solana. In the Bitwise Crypto Innovators 30 Index, Robinhood (HOOD) replaces Nexon (3659). No changes were made to the Bitwise Decentralized Finance Crypto Index. As of the latest report, Bitwise managed over $1.1 billion across various investment solutions.