Black Desert developer Pearl Abyss prepares IPO in Korea

Multiple Korean outlets are reporting that Black Desert developer Pearl Abyss is preparing an initial public offering and seeks a fall listing on the Korean stock exchange.

Seoul’s Pulse News reports that in the last year, two investment companies poured over $10 million US into the game developer, estimating the studio’s value at nearly $500 million US. “Industry watchers said Pearl Abyss raked in 26 billion won in net profit in the first half of last year, surpassing full-year 2015 net profit of 23.7 billion won that was up 120 percent from 2014,” it writes.

The publication notes that Black Desert is significantly more popular in the US and Europe than in its native Korea and is hoped to do well in China, on console, and on mobile.

Black Desert, of course, is published here in the west by Kakao’s EU subsidiary. Most recently, it launched on Steam.

Source: Pulse via MMO Culture
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22 Comments on "Black Desert developer Pearl Abyss prepares IPO in Korea"

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semugh
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semugh

time to cash out…

Estranged
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Kickstarter Donor
Estranged

Console for Black Desert in China? Controls are perfect for console.

Reader
MesaSage

.

Zander
Reader
Zander

Publicly traded Pearl Abyss… New MMO incoming?

Reader
Leiloni

Well they’ve been teamed up with Bluehole Studios for a while on their new game “Project W”, so yes definitely.

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Patreon Donor
Schlag Sweetleaf

.

black spirit bullish.png
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Utakata

We Gnomes tend to get in the way of that though… o.O

fearless-girl-vs-charging-bull.jpg
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Patreon Donor
Schlag Sweetleaf

;P

uta and the bull.png
Reader
Utakata

/worships <3

Zander
Reader
Zander

The teeth need to be clinched and the bull should have been much darker. 4/10

Reader
Patreon Donor
Schlag Sweetleaf

Better?

load.png
Reader
Sorenthaz

Check out those teeth though.

Reader
Patreon Donor
Schlag Sweetleaf
sorenthaz black spirit.gif
Reader
Sorenthaz

Beautiful.

Reader
Patreon Donor
Schlag Sweetleaf

Looks good on you:)

Reader
Arktouros

Woe be unto him he who annoys someone proficient in graphics software.

Reader
Utakata

It’s considerably more..err…minimalist than the first one. O.o

Reader
Patreon Donor
Schlag Sweetleaf

Where is Manastu?

Reader
Melissa McDonald

Congrats! Give us a new game that equals/betters the graphic quality of BDO. You re-set the bar for graphics in MMOs. Now set it higher. :)

Reader
Necromonger

They first need to fix the horrible horrible HORRIBLE poppups from foilage and npc’s…

It takes away so much enjoyment from the game that it was my main reason to just stop playing it.

I tried High End mode but it only works a littlebit and eats away so much frames at intervals :(
At one point i was spending more time trying to fix that part of the game then playing it :P

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HNN

The popins are done on purpose to make the world seamless and reduce loading on assest. Trust me when. You’re riding a t8 horse and everything is loading so fast, the game will crash within a few seconds if it wasn’t for the popins

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mcsleaz

The pop-ins don’t bother me in the least.

wpDiscuz