💸 Kakao Games Eyes Rebound After Q3 Loss! 3N Overseas Sales Roundup 🎮 - 2026.11.04 | Mobile Games

Hello, fans! 🎮 Today we've got Kakao Games' earnings, the 3N's overseas sales story, and PUBG MOBILE's new set news. Gamers, don't miss these! 💸

💸 Kakao Games: Q3 Is the Low Point

Kakao Games preliminarily reported Q3 consolidated revenue of 69.1 billion won and an operating loss of 26.3 billion won ^[1]. Revenue fell 46% year over year and the loss widened 😭 Mobile game revenue was 50.6 billion won, down 40%, while PC online revenue was 18.5 billion won, down 57% ^[1]. The company blamed a lack of new releases and the stabilizing of existing titles' sales.

Still, CEO Lee Si-woo sees Q3 as the bottom, with a rebound starting in Q4 ^[1]. The MMORPG 'Dokkaebi's World' launched last month and hit No.1 in Google Play sales just five days later ^[1]. Its strengths include a Korean traditional dot-graphic style, the webtoon 'Myeolgwi Sudo Jeon' IP, and a lighter monetization structure ^[1]. A global mobile and Steam release is in preparation for Q2 next year ^[1].

The big bet is 'Odin Q: Valkyrie Scall', slated for launch next January ^[1]. Aimed at hardcore players, it adds quarter-view combat and large-scale competitive content, with simultaneous launches planned in Korea, Taiwan, and Japan ^[1]. The goal is a Q1 operating profit turnaround 🔥 The company also plans to invest 99.6 billion won in Q4 to secure about 39.6% of global casual game developer Mitwoon ^[1].

🌏 The 3N Are Reshaping Through Overseas Markets

Korean publishers are moving beyond domestic and Asian markets into North America and Europe ^[2]. According to Sensor Tower, the overseas share of Korean publishers' mobile downloads rose from 88% in 2021 to 92% in 2026, and the overseas share of in-app purchase revenue climbed from 44% to 49% ^[2].

NCSoft pushed its overseas revenue share from 42% in Q1 to 52% in Q2, overtaking domestic revenue ^[2]. Netmarble had the highest overseas share among the 3N at 79% in Q1 and 78% in Q2, with North America the largest region ^[2]. Nexon's first-half overseas revenue rose 44% year over year, a record for a half-year period ^[2]. Q3 earnings are looking exciting! 🙌

NCSoft's 'Aion 2' launched globally last month and exceeded 400,000 peak concurrent users ^[2]. 'Vampir' topped combined Google Play and App Store revenue after its domestic launch last year and expanded to North America and Europe last month ^[2].

🔫 PUBG MOBILE V4.7: Set Previews Are Out!

PUBG MOBILE V4.7 is coming on November 12 ^[5]. The previews include a new switch firearm animation for the M416 Glacier, a new X-SUIT, the GILT set, RP A22, and Hola Buddy ^[5]. The M416 Glacier switch animation is a must-see for gun fans 😎

🎮 Lineage M Holds Its Ground

NCSoft's 'Lineage M' ranked No.3 on Google Play daily and No.1 on the App Store daily on November 3 ^[3]. A Halloween event has been running since October 28 ^[3]. Competition between long-running hits and new releases at the top of Korea's mobile charts is heating up.

🎯 Anipang 4 Gets an Engine Upgrade

WEMADE PLAY upgraded 'Anipang 4' with its in-house Smart Match 3 engine ^[4]. Convenience features such as Haptic Play were also added ^[4]. Puzzle fans, go check how the gameplay feels now! 🧩

That's all for now. Keep your wallets in check, and see you next time! 💜