Company Sees Success with Steady Growth across PC, Mobile and International Units; ?42 Billion Won ($41M USD) in Sales
FOR IMMEDIATE RELEASE
SEOUL, SOUTH KOREA & IRVINE, CA; August 20, 2014 – WeMade Entertainment, a global game company, has announced financial earnings of around ?42 Billion Won in sales (approx. $41M US dollars) through the company’s 2014 2nd quarter performance report, according to CEO Henry Chang.
WeMade saw a 27% increase in sales in its entire mobile business following the release of its games Heroes of Atlan and Dances of the Gods . This jump was supplemented by a 16% quarter over quarter increase in WeMade’s international mobile game revenues. Besides the growth in the mobile business, the success of Icarus , WeMade’s PC title that reached the #1 MMORPG within just one week of its release in the Korean market has aided the growth of the company, accounting for a 33% increase in PC sales.
"Last quarter, we stated that we would focus on a fewer number of titles, becoming more competitive in the mobile games segment through AAA games, and by targeting the US, Chinese and Japanese markets in our efforts to grow our Global business,” said Won Il Sue, Executive Vice President of WeMade’s Global Business. "We believe the early success of titles such as Heroes of Atlan and Icarus , and the steady growth across our mobile business – particularly in International markets, demonstrates that this strategy is working".
Looking to the Future: continued online game momentum & growth in international mobile markets
In the next couple weeks, WeMade is expected to release, among others, Atlan Story and Air Hunter in China; as well as Metal Skies in various global markets in cooperation with Kabam. In the next couple months, a host of other games such as Wind Soul , Iron Slam , Dragon Hunter and Blaze Bourn are scheduled to launch as well.
“We have a lot of plans for key global markets in the next several months, where we’ll be aiming to bring some of our best titles to users all across the globe” said Won Il Sue.
About WeMade Entertainment Co., Ltd.
Established in 2000, WeMade Entertainment Co., Ltd., (KOSDAQ: 112040) is an international game developer and publisher with some of the most popular mobile games in Asia. WeMade has grown from a handful of passionate game pioneers to more than 1,800 game enthusiasts, including one of the most robust mobile games development teams in the world. WeMade’s first hit title Legend of Mir drew more than 200 million online PC gamers into its world. Since debuting in the mobile games space in April of 2012, WeMade has released high-quality mobile games including Wind Runner , which became the most popular mobile game in Korea and Japan, with over 30 million downloads combined.