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    Bandai Namco Entertainment Joins AFA Indonesia 2025, Bringing Exclusive Game Demos and Celebrity Cosplayers

    Bandai Namco Entertainment Joins AFA Indonesia 2025, Bringing Exclusive Game Demos and Celebrity Cosplayers

    Konami Announces Road to Worlds Campaign and WCS Qualifiers for Yu-Gi-Oh! MASTER DUEL and DUEL LINKS

    Konami Announces Road to Worlds Campaign and WCS Qualifiers for Yu-Gi-Oh! MASTER DUEL and DUEL LINKS

    Marvel Rivals 2.5

    Marvel Rivals Adds Ultron and Arakko Map in Season 2.5 Update Launching May 30

    Pokémon TCG Pocket Unveils Ultra Beasts Debut In the Extradimensional Crisis Booster Pack

    Pokémon TCG Pocket Unveils Ultra Beasts Debut In the Extradimensional Crisis Booster Pack

    Marvel Studios Pushes Release Date of Two Upcoming Avengers Movies

    Marvel Studios Pushes Release Date of Two Upcoming Avengers Movies

    FromSoftware’s Elden Ring Live-Action Film Announced

    FromSoftware’s Elden Ring Live-Action Film Announced

    Capcom Plans Major Expansion with Employee Growth Strategy

    Capcom Plans Major Expansion with Employee Growth Strategy

    NZXT Unveils New H9 Flow Cases and Enhanced Kraken Cooling Solutions for Gaming PCs

    NZXT Unveils New H9 Flow Cases and Enhanced Kraken Cooling Solutions for Gaming PCs

    Slide Into the Driver’s Seat –  JDM: Japanese Drift Master Delivers the Ultimate Drift Fantasy

    Slide Into the Driver’s Seat – JDM: Japanese Drift Master Delivers the Ultimate Drift Fantasy

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    Bandai Namco Entertainment Joins AFA Indonesia 2025, Bringing Exclusive Game Demos and Celebrity Cosplayers

    Bandai Namco Entertainment Joins AFA Indonesia 2025, Bringing Exclusive Game Demos and Celebrity Cosplayers

    Konami Announces Road to Worlds Campaign and WCS Qualifiers for Yu-Gi-Oh! MASTER DUEL and DUEL LINKS

    Konami Announces Road to Worlds Campaign and WCS Qualifiers for Yu-Gi-Oh! MASTER DUEL and DUEL LINKS

    Marvel Rivals 2.5

    Marvel Rivals Adds Ultron and Arakko Map in Season 2.5 Update Launching May 30

    Pokémon TCG Pocket Unveils Ultra Beasts Debut In the Extradimensional Crisis Booster Pack

    Pokémon TCG Pocket Unveils Ultra Beasts Debut In the Extradimensional Crisis Booster Pack

    Marvel Studios Pushes Release Date of Two Upcoming Avengers Movies

    Marvel Studios Pushes Release Date of Two Upcoming Avengers Movies

    FromSoftware’s Elden Ring Live-Action Film Announced

    FromSoftware’s Elden Ring Live-Action Film Announced

    Capcom Plans Major Expansion with Employee Growth Strategy

    Capcom Plans Major Expansion with Employee Growth Strategy

    NZXT Unveils New H9 Flow Cases and Enhanced Kraken Cooling Solutions for Gaming PCs

    NZXT Unveils New H9 Flow Cases and Enhanced Kraken Cooling Solutions for Gaming PCs

    Slide Into the Driver’s Seat –  JDM: Japanese Drift Master Delivers the Ultimate Drift Fantasy

    Slide Into the Driver’s Seat – JDM: Japanese Drift Master Delivers the Ultimate Drift Fantasy

  • Interviews
    [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

    [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

    [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

    [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

    [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

    [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

    Diablo IV Season 8 Interview – Developers Reveal Resurrected Belial and System Overhauls

    Diablo IV Season 8 Interview – Developers Reveal Resurrected Belial and System Overhauls

    POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

    POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

    [SEA Exclusive] From Shadows to Shipwrecks – Jennifer English Talks About Bringing Emotional Depth to Clair Obscur: Expedition 33

    [SEA Exclusive] From Shadows to Shipwrecks – Jennifer English Talks About Bringing Emotional Depth to Clair Obscur: Expedition 33

    Ben Starr

    [SEA Exclusive] The Voice Behind Verso – Ben Starr Shares His Journey into Clair Obscur: Expedition 33

    [EXCLUSIVE] Do the Game Interview – An Intimate Look at the Challenges of Game Development

    [EXCLUSIVE] Do the Game Interview – An Intimate Look at the Challenges of Game Development

    [EXCLUSIVE] Interview with the Minds Behind of Den of Wolves – 10 Chambers’ New Sci-Fi Heist FPS

    [EXCLUSIVE] Interview with the Minds Behind of Den of Wolves – 10 Chambers’ New Sci-Fi Heist FPS

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      Bandai Namco Entertainment Joins AFA Indonesia 2025, Bringing Exclusive Game Demos and Celebrity Cosplayers

      Bandai Namco Entertainment Joins AFA Indonesia 2025, Bringing Exclusive Game Demos and Celebrity Cosplayers

      Konami Announces Road to Worlds Campaign and WCS Qualifiers for Yu-Gi-Oh! MASTER DUEL and DUEL LINKS

      Konami Announces Road to Worlds Campaign and WCS Qualifiers for Yu-Gi-Oh! MASTER DUEL and DUEL LINKS

      Marvel Rivals 2.5

      Marvel Rivals Adds Ultron and Arakko Map in Season 2.5 Update Launching May 30

      Pokémon TCG Pocket Unveils Ultra Beasts Debut In the Extradimensional Crisis Booster Pack

      Pokémon TCG Pocket Unveils Ultra Beasts Debut In the Extradimensional Crisis Booster Pack

      Marvel Studios Pushes Release Date of Two Upcoming Avengers Movies

      Marvel Studios Pushes Release Date of Two Upcoming Avengers Movies

      FromSoftware’s Elden Ring Live-Action Film Announced

      FromSoftware’s Elden Ring Live-Action Film Announced

      Capcom Plans Major Expansion with Employee Growth Strategy

      Capcom Plans Major Expansion with Employee Growth Strategy

      NZXT Unveils New H9 Flow Cases and Enhanced Kraken Cooling Solutions for Gaming PCs

      NZXT Unveils New H9 Flow Cases and Enhanced Kraken Cooling Solutions for Gaming PCs

      Slide Into the Driver’s Seat –  JDM: Japanese Drift Master Delivers the Ultimate Drift Fantasy

      Slide Into the Driver’s Seat – JDM: Japanese Drift Master Delivers the Ultimate Drift Fantasy

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      Bandai Namco Entertainment Joins AFA Indonesia 2025, Bringing Exclusive Game Demos and Celebrity Cosplayers

      Bandai Namco Entertainment Joins AFA Indonesia 2025, Bringing Exclusive Game Demos and Celebrity Cosplayers

      Konami Announces Road to Worlds Campaign and WCS Qualifiers for Yu-Gi-Oh! MASTER DUEL and DUEL LINKS

      Konami Announces Road to Worlds Campaign and WCS Qualifiers for Yu-Gi-Oh! MASTER DUEL and DUEL LINKS

      Marvel Rivals 2.5

      Marvel Rivals Adds Ultron and Arakko Map in Season 2.5 Update Launching May 30

      Pokémon TCG Pocket Unveils Ultra Beasts Debut In the Extradimensional Crisis Booster Pack

      Pokémon TCG Pocket Unveils Ultra Beasts Debut In the Extradimensional Crisis Booster Pack

      Marvel Studios Pushes Release Date of Two Upcoming Avengers Movies

      Marvel Studios Pushes Release Date of Two Upcoming Avengers Movies

      FromSoftware’s Elden Ring Live-Action Film Announced

      FromSoftware’s Elden Ring Live-Action Film Announced

      Capcom Plans Major Expansion with Employee Growth Strategy

      Capcom Plans Major Expansion with Employee Growth Strategy

      NZXT Unveils New H9 Flow Cases and Enhanced Kraken Cooling Solutions for Gaming PCs

      NZXT Unveils New H9 Flow Cases and Enhanced Kraken Cooling Solutions for Gaming PCs

      Slide Into the Driver’s Seat –  JDM: Japanese Drift Master Delivers the Ultimate Drift Fantasy

      Slide Into the Driver’s Seat – JDM: Japanese Drift Master Delivers the Ultimate Drift Fantasy

    • Interviews
      [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

      [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

      [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

      [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

      [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

      [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

      Diablo IV Season 8 Interview – Developers Reveal Resurrected Belial and System Overhauls

      Diablo IV Season 8 Interview – Developers Reveal Resurrected Belial and System Overhauls

      POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

      POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

      [SEA Exclusive] From Shadows to Shipwrecks – Jennifer English Talks About Bringing Emotional Depth to Clair Obscur: Expedition 33

      [SEA Exclusive] From Shadows to Shipwrecks – Jennifer English Talks About Bringing Emotional Depth to Clair Obscur: Expedition 33

      Ben Starr

      [SEA Exclusive] The Voice Behind Verso – Ben Starr Shares His Journey into Clair Obscur: Expedition 33

      [EXCLUSIVE] Do the Game Interview – An Intimate Look at the Challenges of Game Development

      [EXCLUSIVE] Do the Game Interview – An Intimate Look at the Challenges of Game Development

      [EXCLUSIVE] Interview with the Minds Behind of Den of Wolves – 10 Chambers’ New Sci-Fi Heist FPS

      [EXCLUSIVE] Interview with the Minds Behind of Den of Wolves – 10 Chambers’ New Sci-Fi Heist FPS

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      Stellar Blade Developer Shift Up’s Stock Jumps in South Korea After $320 million IPO

      Ralph by Ralph
      11 months ago
      in All, Industry, News
      Reading Time: 1 min read
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      Stellar Blade Developer Shift Up’s Stock Jumps in South Korea After $320 million IPO

      Unedited Image Credit: Shift Up

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      Game developer, Shift Up Corp.’s stock surged up to 49% on its debut trading day in South Korea following an initial public offering (IPO) that raised 435 billion won or around $320 million. This marks the largest IPO for a gaming company in nearly three years in the country.

      Shift Up, known for developing Stellar Blade and Goddess of Victory: Nikke, previously applied for listing over 58 million shares on the Korea Stock Exchange. Hyung-Tae Kim founded Shift Up in December 2013 and will remain as the company’s largest holder after the listing. The company, which has China’s Tencent Holdings Ltd. as its second-largest holder, sold nearly 7.3 million shares at 60,000 won each, the top of a marketed range.

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      Image Credit: Shift Up

      Lee Jieun, an analyst at Daishin Securities Co., a leading financial services provider in Korea, said that there is ample room for the stock to rise after the IPO. She mentioned that the company stands out due to its intellectual property, diversified platforms, and high success ratio.

      Shift Up’s IPO is the second-largest in South Korea this year, behind HD Hyundai Marine Solution Co.’s $553 million offering in the second quarter. As of recent information from Bloomberg, Seoul trading debuts of IPOs of at least $300 million during the past five years ended their first session 62% higher on average.


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      Image Credit: Bloomberg

      According to the terms of the deal, the Seoul-based company intends to use the proceeds from the IPO to diversify its game portfolios. The company reported a profit of 107 billion won or $77 million last year, a significant turnaround from a loss of 7.1 billion won or $5 million in 2022.

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      Tags: Goddess of Victory: NikkeIPOShift UpStellar Blade
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      Ralph

      Ralph

      I currently have a degree in communication and have been in love with games ever since playing on the SEGA Dreamcast. Nothing but JRPGs and fighting games in my bloodstream.

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