The developer of PUBG has announced an investment in the young Spanish studio, EF Games. The details of the deal, including the amount and conditions, have not been disclosed.

A month ago, the South Korean company KRAFTON announced the acquisition of the studio Tango Gameworks, which Microsoft previously attempted to close. In an interview with Game Developer, KRAFTON CEO Changhan Kim provided more details about the deal.

The South Korean company KRAFTON reported its performance for the first half of 2024. This period has become a record for the company on several metrics.

In May 2024, Microsoft announced the closure of four game studios, including Tango Gameworks. It has now come to light that Tango Gameworks will continue operations as the South Korean company KRAFTON has acquired it from Microsoft.

During the week of July 9 to July 16, the highest-grossing project on Steam was PUBG: BATTLEGROUNDS. Player expenditures likely increased due to the collaboration with the car manufacturer Lamborghini.

Based on the week from June 11 to June 18, the first place in the chart of the highest-grossing products on Steam went to PUBG: BATTLEGROUNDS. The game managed to top the rankings thanks to the June update of the in-game store and a collaboration with the South Korean music group NewJeans.

The South Korean Fair Trade Commission suspects that KRAFTON may be violating a law that requires developers to disclose the probability of obtaining valuable items from loot boxes in their games. The agency has launched an investigation into the company.

Another financial report was published by the South Korean company KRAFTON. She summed up the results of the first quarter of 2024.

KRAFTON has invested in the Polish studio Far From Home, known for cooperative survival on the Forever Skies airship. She announced the purchase of a minority stake.

Red Rover Interactive is a young studio founded last year by former employees of Funcom, Bohemia Interactive and Lockwood Publishing. On April 16, she successfully closed the Series A funding round.

At the beginning of 2024, the market value of KRAFTON exceeded 9.86 trillion Korean won, or about $7.4 billion, according to GameMeca. This allowed PUBG developers to take the first place in the top of the most expensive gaming companies whose shares are traded on the Korean Stock Exchange.

KRAFTON continues to actively conduct business in India. She announced that over the next two to three years she will spend $150 million to invest in the country’s gaming ecosystem.

PUBG Mobile‘s Battle Royale remains the second highest-grossing mobile game in the world. Over the entire existence of the game, gamers have spent more than $ 10 billion in it, according to Sensor Tower analysts.

On May 19, KRAFTON announced that the Indian version of PUBG Mobile will soon be available again in India. As it turned out, there were some nuances.

The Indian authorities have allowed KRAFTON to re—launch Battlegrounds Mobile India, the Indian version of PUBG Mobile, in the country. The game has been banned for almost a year.

Last February, PUBG developers announced that they were going to create their own NFT metaverse in partnership with Naver Z. A year later, it became known that its development had already cost companies 48 billion won, or about $ 36.8 million.

Polish studio People Can Fly has announced that KRAFTON will soon become its shareholder. The companies agreed that after People Can Fly issues new shares, 60% of them will be bought by the PUBG developer.

The PUBG developer decided to support the residents of Turkey who suffered from earthquakes. Kim Chang-han, CEO of KRAFTON, expressed his condolences and said that his company will transfer $100,000 to the Turkish humanitarian organization AHBAP.

The South Korean company KRAFTON shared the success of the project in the framework of the financial report for 2022. She also noted that the average MAU of this version of PUBG has grown 1.6 times over the year.