WePlay Labs

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WePlay Labs - overview

Established

2017

Location

Seoul, -, South Korea

Primary Industry

Software

About

Based in Seoul, South Korea, and founded in 2017, WePlay Labs Co. , Ltd. , a. k.


a. WePlay Labs operates as a game development company that focuses on developing mobile games and releases MMORPG and indie gaming titles for users. In February 2022, CityLabs, a portfolio company of T. S.


Investment, acquired a 30% minority stake in Weplay Labs for KRW 3 billion. WePlay Labs offers a comprehensive total business solution encompassing every aspect from pre-booking to formal service stages, including establishing systematic processes for marketing, analysis, localization, quality assurance, service planning, and live service management, to develop and deliver a wide range of large-scale MMORPGs and indie games.


Current Investors

Primary Industry

Software

Sub Industries

Gaming

Website

www.weplaylabs.com

Verticals

Cloud Computing, Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

WePlay Labs - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021
Revenue (USD)-573,618,000---
% Revenue Growth (YoY)-----
EBITDA (USD)-----
Operating Income (USD)(977,000)170,859,000---
Operating Margin-29.8%---
% EBITDA Margin-----
NET Income (USD)(977,000)187,778,000---
% Net Margin-32.7%---
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