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Afreeca TV Enjoys 34% Growth in 3Q

Friday, November 15th, 2013

SEOUL, KOREA- AfreecaTV posted an operating profit of 1.27 billion won for the third quarter of thisyear, up 34 percent from a quarter ago.Sales also grew by 20 percent year onyear and 18 percent quarter on quarter to 12.8 billion won.

Asan SNS platform, Afreeca TV showed steady growth throughout the entire part ofits business.With the official opening of its mobile game platform Game Center,Afreeca TV created a new income source and expanded the attraction of newsubscribers.

Ingame business, the four mobile games, including Pig Runner and I Love Chicken, whichAfreeca TV released through Kakao Game Play, performed well. Afreeca TV’s gamesales marked a robust growth of 83 percent compared to a quarter ago, thanks toa rebound in the performance of Tales Runner which showed a downward trend dueto the sluggish trend of the overall online game market.


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