Webzen Inc. | Company profile from Hoover's
 
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Webzen Inc. · Seoul South Korea · (NASDAQ (GM): WZEN)

Company Description

Daelim Acrotel Bldg., 6th Fl.,
467-6 Dogok-dong, Kangnam-ku
Seoul
135-9-71
South Korea (Map)
Phone: +82-2-3498-1800
Fax: +82-2-2057-2588
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    Webzen had given thoughtful consideration to the development and distribution of online games. The company's flagship titles -- MU and Soul of the Ultimate Nation (SUN) -- are 3D multiplayer online role-playing games popular in South Korea and other Asian countries. Most of the company's sales are derived through monthly prepaid subscription fees from personal accounts and Internet cafe subscribers. It also generates revenue from microtransaction sales (in-game purchases by players for premium features), licensing and installation fees, and royalties.  To read the full description, subscribe now.
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    Key Webzen Inc. Financials

    Company TypePublic - NASDAQ (GM): WZEN

    Headquarters
    Fiscal Year-EndDecember
    2008 Employees414

    Webzen Inc. Executives

    3 executives listed for Webzen Inc.'s Seoul South Korea location.
    TitleName & BioContact
    CEOChang Keun KimEmail
    CFOHwi Jun ShinEmail
    Chief Strategy Officer; CEO, NHN GamesByoung Gwan KimEmail

    Competition

    Competitive Landscape for Webzen Inc.
    The US economy heavily influences business spending for software products. The success of programming companies depends heavily on strong technical expertise. The success of packaged-software companies depends on technical expertise and good marketing. Small software companies compete mainly by developing packaged products in small niches or producing custom products for individuals. Many small companies form alliances with larger ones to market their products. The packaged software industry is capital-intensive: average annual revenue per worker is about 360,000. The custom programming industry is relatively labor-intensive: average annual revenue per worker is about $175,000. To read the full description, subscribe now.
    Top Webzen Inc. Competitors
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