DoubleU Games
Multimedia, Games & Graphics Software · South Korea · 201-500 Employees
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Overview
Headquarters
Gangnam Finance Center 152 Yeoksam Dong ...Phone Number
+82 25632961Website
www.doubleugames.comRevenue
$459.4 MillionStock Symbol
192080.KSIndustry
About DoubleU Games
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DoubleU Games Completes Acquisition of Turkish studio Paxie Games “Secures New Global Growth Engine”
SEOUL, South Korea--(BUSINESS WIRE)--Following its acquisition announcement in December 2024, DoubleU Games has proceeded with the necessary steps including merger clearance from the Turkish competition authority, and closed the transaction on March 26. Paxie Games, a Turkey-based casual game developer, specializes in the rapidly growing Merge 2 genre. Its flagship game, Merge Studio: Fashion Makeover, has demonstrated strong global traction, surpassing 28 million cumulative downloads and $34 mDoubleU Games acquires Turkish studio Paxie Games, One of the Top 5 Companies in Fast-Growing Merge 2 Genre
SEOUL, South Korea--(BUSINESS WIRE)--DoubleU Games Co., Ltd. (192080:KS), a leading developer of social casino games, has entered into an agreement to acquire Turkish gaming studio Paxie Games, developer of Merge Studio: Fashion Makeover. DoubleU Games will acquire a 60% stake for $27.0 million at closing, with the remaining 40% to be acquired over a span of three years, subject to achieving certain financial targets, resulting in full ownership by the end of third year. TheDoubleU Games to Purchase Additional Shares of DoubleDown Interactive from Current Shareholder
SEOUL, Korea, Oct. 07, 2021 (GLOBE NEWSWIRE) -- DoubleU Games (192080:KS), a leading developer and publisher of social casino games, has advised DoubleDown Interactive (NASDAQ:DDI) (DDI) that it intends to acquire outstanding common shares of DDI in accordance with the Supplemental Agreement to the Joint Investment Agreement between DoubleU Games, DDI, and STIC Special Situation Diamond Limited (STIC), dated July 16, 2021.
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Frequently Asked Questions Regarding DoubleU Games
DoubleU Games Co., Ltd. is a Korea-based game development company. It offers multiple gaming products such as 'DoubleU Casino' and 'Take5 Slots' and others. The company was founded in 2012 and was listed on the KOSPI in 2019 through continuing growth. DoubleU Games Co., Ltd. is DoubleDown Interactive Co., Ltd.'s majority shareholder and has a stron... Read More