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SEOUL/HONG KONG - Shares in Krafton Inc, the Tencent Holdings-backed South Korean company behind blockbuster video game PlayerUnknown's Battlegrounds (PUBG), fell as much as 20 per cent on their trading debut on Tuesday (Aug 10). Analysts attributed the share tumble of South Korea's second-largest IPO to an expensive valuation and China regulation risks, with gaming companies facing uncertain prospects after. ....
S.Korea's Krafton, maker of hit game 'PUBG', tumbles on debut - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
Analysts noted that expensive valuation and China regulation risks could be the reason for the shares to fall. Krafton derives a large portion of its revenue from PUBG. ....
SEOUL/HONG KONG : Shares in Krafton Inc, the Tencent Holdings-backed South Korean company behind blockbuster video game "PlayerUnknown's Battlegrounds" (PUBG), fell as much as 20per cent on their trading debut on Tuesday.Analysts attributed the share tumble of South Korea's second-largest IPO to an expens ....