An Interest In:
Web News this Week
- March 29, 2024
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
Some of Our Sources
- Techcrunch
- Simplebits
- Joshua Blankenship
- TutsPlus - Design
- Vandelay Design
- Fudge Graphics
- Reencoded
- CSS Tricks
- Spyre Studios
- Daily Now
Help Webnuz
Referal links:
May 11, 2012 08:11 pm GMT
Here in these parts, we may write a tad too much about our Silicon Valley gaming brethren like San Francisco's Zynga and Redwood Shores' Electronic Arts.But there's actually a company that's worth quite a bit more and has outperformed both since its IPO last December. It's Nexon, a free-to-play gaming company that started out in South Korea and quietly grew a handful of titles into multi-billion dollar franchises over the last decade (see the chart below). The Tokyo-based company went public the same week Zynga did in December. Its shares have climbed 15 percent while Zynga's have fallen more than 20 percent since their debuts. Now Nexon's worth $7.9 billion while Zynga has a $5.5 billion market cap.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/utGk3c_QjLE/
Heres How Nexon Has Quietly Outperformed Zynga Since Both Of Their IPOs Last Year
Here in these parts, we may write a tad too much about our Silicon Valley gaming brethren like San Francisco's Zynga and Redwood Shores' Electronic Arts.But there's actually a company that's worth quite a bit more and has outperformed both since its IPO last December. It's Nexon, a free-to-play gaming company that started out in South Korea and quietly grew a handful of titles into multi-billion dollar franchises over the last decade (see the chart below). The Tokyo-based company went public the same week Zynga did in December. Its shares have climbed 15 percent while Zynga's have fallen more than 20 percent since their debuts. Now Nexon's worth $7.9 billion while Zynga has a $5.5 billion market cap.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/utGk3c_QjLE/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch