Doubledown Interactive Co. Ltd. (South Korea)

The Company develop and publish digital gaming content on various mobile and web platforms through its multi-format interactive all-in-one game experience concept. The Company host DoubleDown Casino, DoubleDown Classic, and DoubleDown Fort Knox within various formats.
The Company is a leading developer and publisher of digital games on mobile and web-based platforms. The Company is the creators of multi-format interactive entertainment experiences for casual players. It has been an early pioneer in the social casino gaming segment of casual gaming and were among the initial publishers to launch a social casino game on the Facebook platform in 2010 with the release of DoubleDown Casino. As the market has shifted materially to mobile platforms in recent years, the Company has also embraced new distribution channels for its games, which have significantly expanded its overall reach and market opportunity. Its games attract players of social casino and casual games, and has been installed over 117 million times to date.
The Company view its operations and manage its business as one operating segment.
HISTORY
2008 The Company was incorporated in 2008 in Seoul, Korea.
2017 The Company making it a wholly-owned subsidiary of DUG.
2019 The Company changed its name to DoubleDown Interactive Co., Ltd. in December 2019.
2020 On February 25, 2020, the Company completed the acquisition of Double8 Games Co., Ltd. (“Double8 Games”) from DoubleU Games in exchange for KRW2.3 billion. Double8 Games is based in Seoul, Korea, with the primary business of developing digital gaming content for international markets.
2021 The Company listed its ADSs on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “DDI.” since August 31, 2021.
2023 On October 31, 2023, the Company closed its previously announced acquisition of iGaming operator, SuprNation AB (“SuprNation”), for a total cash consideration €34.3 million (or approximately 36.5 million based on an exchange rate of €1 = 1.064 as of October 27, 2023). The acquisition diversifies the digital games categories that the Company addresses with the addition of three real-money iGaming sites in Western Europe.