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Hot Five: Ares Interactive raises $70m, Google's Project Genie sparks gaming shares decline, and Arknights: Endfield hits $30m in two weeks
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Company Profile
Nexon
Website
www.nexonm.com
About
A pioneer in the world of interactive entertainment software, Nexon Mobile introduced the world to the first graphic MMORPG, The Kingdom of the Winds, back in 1995.
Related People
Lee WooChang
Team Manager, UA Department
Kieran Kyunghoon Park
Corporate Investment Division
Owen Mahoney
CEO
Dennis Bernardo
Producer
Min Kim
Kim Jung-ju
Founder
+3 more
Accolades
Articles featuring Nexon
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Coding Error
Nexon to refund MapleStory Idle RPG players following pricing error
The company is reviewing the financial impact of the refunds on its consolidated results
Top Games
The top grossing mobile games of 2025
Analysis of the highest revenue-generating mobile titles of the year
Jobs Roundup
December 2025’s Movers and Shakers: Clash of Clans’ esports manager, Metacore’s new CTO, Ali Farha joins Behold Ventures, and more
Our regular roundup of the mobile games industry's movers and shakers
New Games
New release roundup: Sonic Rumble, Boat Game, Sword of Justice, MapleStory: Idle RPG, and more
We highlight the latest new games that have broken cover over the past week
Best Of 2025
The Top 50 Mobile Game Makers of 2025
The mobile movers and shakers of the last 12 months revealed!
Data Dive
H1 2025 genre analysis: Mobile strategy games surge to $10.6bn as RPG revenue tumbles
We analyse AppMagic data to determine the top genres globally and in the US, comparing rising stars with stumbling giants
Podcast | Episode 57
The solitaire gold rush and Finland's new immigration rules bite | Week in Mobile Games podcast
The PocketGamer.biz podcast team give you the state of play every week. Here's where to get it and what's inside this week's episode 57...
No Deal
Tencent denies Nexon acquisition reports
The idea of a Chinese company purchasing South Korea-founded Nexon sparked backlash from the Korea Game Society
M&a
Korean games industry slams Tencent’s Nexon pursuit as threat to national security
It remains uncertain whether NXC is open to selling its Nexon stake
Accomplished Anniversary
Dungeon & Fighter Mobile surpasses $1.3bn in first year on Chinese App Store
Nexon’s mega-hit bolstered franchise revenue by 162% in its release quarter and went on to be 2024’s biggest new mobile release
Dungeon Driver
Nexon’s revenue surpasses $780m this Q1 as Dungeon & Fighter Mobile China drives 60% franchise growth
The developer’s operating income increased by 43% YoY, though quarterly profit fell by 27%
Hot Five
Hot Five: Game over for "Apple tax", Overwatch Mobile distribution plans, and Pokémon TCG Pocket beats Go in first six months
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Earnings Report
Nexon reports record 2024 $2.97bn revenue in 2024 as Dungeon & Fighter Mobile drives growth
It saw success in three main franchises in 2024 including MapleStory, Dungeon & Fighter, and FC
Hot Five
Hot Five: Fire Emblem Heroes’ voting power, Candy Crush Solitaire broadens the brand, and Pokémon TCG Pocket hits half a billion dollars
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Mabinogi Mobile
Nexon’s Mabinogi Mobile set to release in March 2025
Nexon’s mobile adaptation of the 2004 MMORPG is finally on its way more than four years on from reveal
Game Cancellation
Nexon cancels Warhammer RPG in development with Thought Pennies
The game was planned for PC, consoles, and mobile platforms
Dynasty Discontinued
Dynasty Warriors M to end service 15 months after its launch
Koei Tecmo and Nexon’s hack-and-slash title has generated over $10 million since October 2023
Top Charts
The top grossing mobile games of 2024
Analysis of the highest revenue-generating mobile titles of the year
Best Of The Best
Asian developers dominate as 2024's top 10 new mobile games surpass $3 billion
Dungeon & Fighter: Mobile, Love and Deepspace, Pokémon Trading Card Game Pocket and others led the way for new games’ success this year
Spending Success
Dungeon & Fighter: Mobile smashes $1bn in six months in China
Nexon’s beat 'em up has hit the mighty $1 billion mark solely in iOS player spending in China
Mobile's New Kings
Royal Kingdom is here - Are new hits reshaping the top grossing mobile games charts?
Analysing the new kings of mobile gaming
Best Of 2024
The Top 50 Mobile Game Makers of 2024
The mobile movers and shakers of the last 12 months revealed!
Hot Five
Hot Five: Genshin Impact’s $6.3 billion success, Dungeon & Fighter: Mobile’s Chinese takeover, while Ubisoft shares down 20%
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Job Losses
Nexon America lays off “small number” of staff
Publisher establishes Western Development Group headed by Hanbyeol Oh
Top Grosser
Dungeon & Fighter: Mobile surpasses $800 million in four months
The beat ‘em up made almost $10 million in a single day this June
Devs Fight Back
Mobile gaming’s secret and not so-secret new blockbusters
It's a tough market, but a number of mobile games, new and old, are making waves
Earnings Report
Nexon hits record Q2 revenue fueled by Dungeon & Fighter Mobile success
Revenue exceeded expectations by reaching ¥122.5 billion a 30% increase year over year
Top Charts
June 2024 mobile game charts: Dungeon & Fighter Mobile hits No. 1, and Supercell rises to No. 2
Our monthly look at the global mobile game rankings across the App Store and Google Play
Collab Cometh
Goddess of Victory: Nikke is delivering its "biggest minigame ever" via Dave the Diver collab
Shift Up’s shooter is going retro with a neew pixel-graphics game mode starting July 4th
China Cha-ching
Dungeon & Fighter Mobile’s first month of iOS revenue was twice that of Honor of Kings
Nexon and Tencent's RPG generated $270 million on iOS in its first month, becoming China’s most-downloaded game
Big News
Squad Busters’ supercharged launch, Pokémon’s record revenue, and Star Wars: Hunters finally hits the target
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Top Charts
May 2024 mobile game charts: Brawl Stars peaks, Supercell rises, and Dungeon & Fighter Mobile’s big China launch
Our monthly look at the global mobile game rankings across the App Store and Google Play
Fighting Start
Dungeon & Fighter Mobile picks up $66 million on China's App Store in first week
Nexon president and CEO Junghun Lee said title has potential to have "profoundly positive impact" on company's revenue and profit
Five New Games
New release roundup: The best new mobile games from a battle royale to a console classic remake
We highlight five new games that have broken cover and are all set to do big business
Financials
Nexon banks on $22bn IP Dungeon & Fighter being a mobile hit in China as Q1 revenue declines
Franchise has generated more than $22 billion to date, as publisher eyes as much as a 90% boost to China earnings with mobile release
Web3 Expansion
Nexon expands to UAE with new blockchain game subsidiaries
Publisher establishes Nexon Universe Global and Nexpace in region as it aims to expand blockchain initiatives
Tencent Turnaround
China approves 32 overseas licences including Nexon and Tencent’s Mobile DnF
While an unstable landscape for games, China continues to prove a lucrative one
Antitrust Heat
Antitrust regulator hits Nexon Korea with record fine for deceptive practices
Meanwhile the company hits back, challenging the regulator's decision, claiming that its explanation has not been fully acknowledged
Five New Games
New release roundup: From the return of Dynasty Warriors to a 'brand new' retro-fuelled 16-bit kart racer
We highlight five new games that have broken cover and are all set to do big business
Rising Revenues
Nexon’s Q3 2023 smashes records with 78% revenue rise in North America and Europe
This marks the sixth consecutive quarterly report with double-digit growth
Job News
Nexon CEO Owen Mahoney to step down from his role
Junghun Lee will assume the position of CEO in March 2024
Korean Market
South Korea’s in-app purchase revenue has reached almost $3.6 billion in the year to date
Sensor Tower's report reveals that revenue remains above pre-pandemic levels, but downloads are down
Mobile Manoeuvre
The next Dynasty Warriors game is on mobile, and it’s soft-launching today
Dynasty Warriors M is in essence a mobile port of 2018’s Dynasty Warriors 9
Success In China
MapleStory M surpassed $55 million in its first 35 days on the Chinese market
The game’s success in China pushed the game over $600 million in lifetime revenue
Nexon Financials
Nexon celebrates 12% year-on-year increase in revenue in 2023’s second quarter
However, the company’s net income decreased 7% over the same period
Nexon Financials
Nexon celebrates a record breaking first quarter 2023
The company generated $923.1 million in revenue for Q1 with mobile proving strong
Appointments
Nexon appoints two new directors to its board
The announcement is in addition to the reappointment of three directors
Releases
Nexon’s MapleStory M comes to China with Maplestory: The Legend of Maple
The spin-off from MapleStory M is being developed in partnership with Tiancity
Financials
Nexon revenue up 49% for Q4 to record-breaking $618m
The Japanese game company credits a strong finish to the year with Dungeon and Fighter Mobile’s strong performance