Krafton History, CEO, Future, Stock Price Analysis

Krafton is a South Korean video game holding company founded in November 2018.

1. Krafton History

Krafton was founded as Bluehole Studio in 2009. It was a small game developer at the time, but it was a big success when TERA was released in 2012. TERA is an MMORPG game that has been enjoyed by more than 10 million users worldwide. Krafton became a global gaming company with the launch of battleground in 2017. Battleground is a battle royale genre game that has sold more than 150 million copies worldwide. Battlegrounds gained huge popularity as it was released as a mobile game as well as a PC game. Krafton went public in December 2017. At the time of listing, Krafton's corporate value was 2.5 trillion won. Krafton has continued to grow since its listing, and is now one of the most successful gaming companies in the world. Krafton is expected to continue to develop successful games and entertain game fans around the world.

2. Krafton CEO

Krafton's CEO is Kim Chang-han. Kim Chang-han was born in 1973 and majored in computer science at Kyung Hee University. It established Blue Hole Studio in 1999 and launched 'Special Force' in 2002. 'Special Force' became very popular in Asia, and Blue Hole Studio went public in 2007. In 2017, Kim Chang -han renamed bluehall studio krafton. Krafton released 'Battlegrounds' in 2017, and 'Battlegrounds' became very popular around the world. With the success of 'Battlegrounds', Krafton went public on the KOSPI in 2020. Kim Chang-han serves as Krafton's CEO and is working to grow Krafton into a global gaming company.

3. Krafton Future

Krafton's future is bright. Krafton has a world-class game called "Battleground" and is investing in developing new games based on the funds secured by the success of "Battleground." Krafton is also investing in new technologies such as metaverse and deep learning. These technologies are expected to make a big difference in the gaming industry, and Krafton is preparing for them. Krafton is also actively entering the global market. Krafton established its subsidiary Krafton USA in North America in 2020, and its subsidiary Krafton Europe in Europe in 2021. Krafton also has a subsidiary, Krafton China, in China. Through these subsidiaries, Krafton is launching games in the global market and strengthening its marketing. Krafton is growing into a global game company based on the success of 'Battlegrounds'. Krafton is also expected to grow in the future through new game development, new technology investments such as metaverse and deep learning, and global market presence.

4. Krafton Stock Price Analysis

Krafton's shares have been on the decline since hitting ,276,500 on November 22, 2022. Krafton's stock price decline was caused by a number of factors. First, concerns have grown over a recession caused by the Russia-Ukraine war. Recession concerns strengthened investor risk aversion sentiment, which led to a fall in Krafton's stock price. Second, the sales of Krafton's main game, Battleground, have decreased. It is analyzed that the decrease in sales of 'Battleground' is due to the delay in the release of new games and the release of competitive games. Third, concerns about Krafton's new game development have grown. Krafton failed to develop a new game after the success of 'Battlegrounds'. This has raised concerns about Krafton's future growth. Krafton's stock price is expected to be affected by a number of factors, including concerns over a future recession, falling sales at "Battlegrounds" and concerns about developing new games. However, Krafton is seeking growth through the entry of "Battlegrounds" into the global market and the development of new games. If Krafton can carry out these plans successfully, the stock is expected to rebound.

KRAFTON