Lates News

Morgan Stanley stated that Tencent's acquisition of Nexon, a South Korean gaming company, could potentially bring benefits to Tencent, given the solid collaboration between the two companies in the gaming development field over the past 20 years. Analyst Gary Yu mentioned in the report that the revenue momentum of Nexon's mobile game "Dungeon & Fighter," authorized by Tencent for distribution, is slowing down in China, but the revenue of its PC version in China is increasing. Nexon expects this game to resume year-on-year growth from the second quarter. The cooperation between the two parties has further expanded, with "Final Battle" and "The First Warrior: Karghan" currently in pre-registration in China and scheduled for official release in the future. On Friday morning, Nexon's stock price in Japan surged by 10% at one point.