Kong Studios
Kong Studios, founded in 2013 in Silicon Valley, is a gaming company known for developing the mobile RPG 'Guardian Tales', which achieved significant global success and unicorn status by 2021.
Company History
Kong Studios was founded in 2013 in Silicon Valley, USA. After a successful start in the gaming industry, the company achieved unicorn status in August 2021, with a company valuation of approximately 1 trillion KRW. In April 2022, the headquarters were moved to Los Angeles, California, signaling a strategic shift and expansion in the company's operations. Kong Studios has maintained a significant presence in the global market, with additional offices in South Korea and Japan.
Products
Kong Studios is best known for developing the mobile adventure RPG 'Guardian Tales'. The game launched globally in July 2020, excluding Japan, and quickly gained traction worldwide. It was later released in China in April 2021 and became the top free game download on the App Store on its first day. In October 2021, 'Guardian Tales' successfully launched in Japan to a strong response from local users. The game has been serviced in over 230 countries, achieving significant revenue milestones.
Revenue and Downloads
The mobile adventure RPG 'Guardian Tales' has significantly contributed to Kong Studios' financial success. Achieving $100 million in revenue and 10 million downloads within just 7 months of its global launch, the game has proven to be a major hit. By April 2022, global cumulative sales surpassed $350 million USD, highlighting the game's substantial commercial impact.
Global Reach
Kong Studios has established a strong global presence with 'Guardian Tales'. The game has been serviced in over 230 countries and has drawn significant user engagement across various regions. Particularly notable is its successful launch in China and Japan, where it received a strong reception. The broad geographical reach underlines Kong Studios' capability to appeal to a global audience.
Unicorn Status
In August 2021, Kong Studios achieved unicorn status with a company valuation of approximately 1 trillion KRW. This milestone underscores the company's rapid growth and its significant impact within the gaming industry. The achievement reflects Kong Studios' success in both product development and market expansion.