Krafton invests $89 million in short form K-drama firm Spoon Labs
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Krafton invests $89 million in short form K-drama firm Spoon Labs
PUBG firm Krafton has invested KRW 120 billion ($89.3 million) in streaming company Spoon Labs.This is its largest investment to date in a non-gaming area, the firm noted.Seoul-based Spoon Labs owns an audio platform called Spoon, and recently launched a service dedicated to short-form videos called Vigloo, in particular focusing on K-drama.
Focusing on stable technology, successful experience in global services, and the potential for growth in the overseas short form drama market, Krafton Co., Ltd. (CEO Kim Chang-han) is investing 120 billion won in shares in Spoons Labs (CEO Choi Hyuk-jae), a global short form drama platforms company, to target global markets such as the US and Japan through the short form drama platforms 'Vigloo (Vigloo) '. This investment is the largest unrelate…
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