What is the history of Kabam?
Kabam was founded in 2006 as Watercooler by Kevin Chou, Michael Li, Holly Liu, and Wayne Chan, the company started off focused on building community apps for sports and entertainment fans, amassing more than 25 million users on Facebook and other social networks.
What makes a Kabam game fun?
Kabam games combine deep, immersive gameplay found in massively multiplayer online strategy and RPG games with the connectivity and interaction benefits of social networks. We believe games should be irresistibly fun to play, so we measure our success based on how often people return to our games and how long they play.
Who are the investors of Kabam?
Kabam markets freemium games for mobile devices, and social networking services ,. The company’s previous investors included Alibaba, Canaan Partners, Google, MGM, Intel, Pinnacle Ventures, Redpoint Ventures, Warner Bros. and others.
What is the highest grossing game in Kabam history?
In July 2015, Kabam announced that Marvel Contest of Champions hit $100 million in gross revenue in seven months, the fastest of any game in Kabam history (The Hobbit was next fastest at 13 months).
Will Kabam focus on single-player games?
Kevin Chou, Kabam’s chief executive, said in an exclusive interview with GamesBeat that the company will focus on free-to-play massively multiplayer mobile games such as its current hits, Marvel: Contest of Champions and Star Wars: Uprising. That means Kabam will put less emphasis on single-player games such as Fast & Furious.
Is Kabam owned by Netmarble?
As of March 1, 2017, Kabam was acquired by Netmarble. On August 17, 2020, Kabam released Marvel: Realm of Champions, a spin-off of their hit game Marvel Contest of Champions. This section needs to be updated.
Is Kabam shutting down servers?
Also in June, Kabam shut down servers for The Hobbit: Armies of the Third Age. Alibaba announced in July 2014 that it planned to invest $120 million in Kabam, giving the company a $1 billion valuation. This allowed its games to be distributed through Alibaba’s apps, including Mobile Taobao and the Laiwang messaging app.