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MABINOGI MOBILE was first unveiled at G-Star in 2018 to a strong reception, and set for launch in 2021. The new title will deliver a fantasy lifestyle experience based on content and structures from the original game, such as campfires, support of a thriving player community, and musical performances. MABINOGI MOBILE is a mobile game based on Mabinogi, the beloved national online game in Korea launched in 2004. "We are very happy to have the opportunity to lead these projects more directly to maximize our ability to successfully launch new titles and grow the joint ventures." "While serving as a Nexon advisor, I saw the massive potential for these new titles to become blockbusters," said Min Hur, CEO of Wonder Holdings.
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"We are very excited to build the optimal development environments for MABINOGI MOBILE and KartRider: Drift to become recognized and enjoyed by players around the world." "The new companies under our JVs are a result of ongoing strategic conversations we have held with Min Hur," said Junghun Lee, CEO of Nexon Korea. The new corporate structure has been established to accomplish direct results from the discussions and Min Hur's contributions.
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The new corporate structure was born from Min Hur's advisory role with Nexon Korea in helping with discussions about Nexon's new game development strategies when Nexon Korea and Wonder Holdings entered into strategic partnership in September 2019. Nexon Korea and Wonder Holdings plan to create a development culture that pursues creativity and diversity, provides opportunities for endless challenges, and maximizes synergy through the combination of each company's development capabilities and business know-how. The independent development entities will focus on the successful development and launches of MABINOGI MOBILE and KartRider: Drift.
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The teams developing MABINOGI MOBILE and the KartRider series at Nexon Korea will be transferred to the new corporations. Min Hur, the CEO of Wonder Holdings, has been appointed executive producer of both projects. ĭong Gun Kim, executive producer of the devCAT Studio responsible for the Mabinogi series, and Hoon Park, executive director of the development organization of KartRider, will serve as CEOs of the respective new JVs. The JVs will be formed with the goal of becoming leading developers in Korea with the success of MABINOGI MOBILE and KartRider: Drift. The JVs will bring together the unique capabilities of Nexon's development studios with top talent from Wonder Holdings to take the globally beloved Nexon-owned brands to new heights. Both companies will have a 50% stake each in the new joint ventures which will be dedicated to developing MABINOGI MOBILE and KartRider: Drift. ("Nexon") (3659.TO), a global leader in online games, today announced that its consolidated subsidiary NEXON Korea Corporation ("Nexon Korea") plans to establish two joint ventures ("JVs") with Wonder Holdings Co., Ltd. The New Joint Ventures to Focus on the Development of MABINOGI MOBILE and KartRider: Drift Min Hur from Wonder Holdings Named Executive Producer Nexon Group and Wonder Holdings to Establish Joint Ventures for Game Developmentĭong Gun Kim and Hoon Park from Nexon Korea to Serve as CEOs