Webzen Inc. · Seoul South Korea · (NASDAQ (GM): WZEN)
Company Description
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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Webzen Inc. Reports
Key Webzen Inc. Financials
| Company Type | Public - NASDAQ (GM): WZEN Headquarters |
| Fiscal Year-End | December |
| 2008 Employees | 414 |
Webzen Inc. Executives
3 executives listed for Webzen Inc.'s Seoul South Korea location.
| Title | Name & Bio | Contact |
| CEO | Chang Keun Kim | |
| CFO | Hwi Jun Shin | |
| Chief Strategy Officer; CEO, NHN Games | Byoung Gwan Kim |
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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