Gaming in Korea has enjoyed around 15 years of great success. Among Korea’s top performing gaming ‘startups’ of the last 15 to 20 years are several that have achieved well over billion dollar valuations. These include NCSoft (US$1.2B), Nexon (US$3.7B), Com2US (US$1.3B), and Devsisters (US$755M) which just went public this month. Smilegate, another domestic star, is still private and its estimated valuation is around US$4B.
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