The weekly news round up is another new weekly feature here on the Latis Games blog. We’ll be summing up the top 5 news stories in Korea’s mobile sphere to keep you up to date on what’s happening on the peninsula.
Naver is stepping up competition with Kakao games with their debut of Band Game, a platform that runs on their Line Band service. Line Ban is similar to Facebook and Kakao Story. Users can create “bands” (groups) and share photos, videos, and messages with people in their band. Band Game will open with 10 games, and though everything at this point is speculation, there are great expectations that this will be the next platform to really compete with Kakao.
Kakao will be releasing a new money transfer service this June. Users of the platform will be able to send up to 100,000 KRW to friends on their list, or use it to buy items for KakaoTalk or the operator’s other services including Kakao Style and Kakao Music. The company will will partner with 15 different banks and the Korea Financial Telecommunications and Clearings Institute (KFTC) to release the service. The Financial Services Commission and The Financial Supervisory Service are currently investigating whether the service has enough data protection and security. Both authorities will have to give their approval before the service can be officially released.
Google held the first ‘Play Day’ event for Korean developers earlier this week, the first ever since the Play Store launched in 2012. The company said it expects the Korean market to continue to grow as an important revenue source, with Google’s VP of Digital Content stating that they plan on continuing to support local developers. Last year, Google Korea increased their size dramatically, and it will continue to be a market they focus on as it ranks in the top 5 markets for revenue.
Has Offers, the Seattle-based, online advertising attribution software, opened its first Asia-Pacific office this week in Seoul. This is their 3rd international office, and to celebrate they held an opening party with Latis Global on Thursday May, 15th.
The highly anticipated dungeon/puzzle mix game, Ton Ton Mercenary Clan, is having a pre-release regristration event hosted by Afreeca TV. The game will be released on Kakao and has a familiar card collecting system.