(DDI) Doubledown Interactive - Ratings and Ratios

DoubleDown Interactive Co., Ltd. is a South Korean company that specializes in the development and publishing of casual games and mobile applications, primarily targeting the Asian market. The company's product portfolio includes a range of digital gaming content, such as DoubleDown Casino, DoubleDown Classic, and DoubleDown Fort Knox, which are available on both mobile and web platforms. These games offer users a variety of engaging experiences, including social casino games and puzzle games, with the option to purchase in-game virtual chips.

The company's business model relies heavily on partnerships with third-party platform providers, which distribute, market, and promote its games to a wider audience. This approach enables DoubleDown Interactive to focus on game development and publishing, while leveraging the expertise and reach of its partners to expand its user base. With a strong presence in South Korea, the company has established itself as a key player in the country's thriving gaming industry, which is driven by a large and active gaming community.

As a subsidiary of DoubleU Games Co., Ltd., DoubleDown Interactive Co., Ltd. benefits from its parent company's resources and expertise in the gaming sector. The company's history dates back to 2008, when it was founded as The8Games Co., Ltd., and it has since undergone a name change to DoubleDown Interactive Co., Ltd. in December 2019. With its headquarters in Seoul, South Korea, the company is well-positioned to tap into the country's vibrant gaming market and capitalize on emerging trends and opportunities in the industry. Its common stock is listed on the NASDAQ exchange under the ticker symbol DDI, and its ISIN is US25862B1098, with a classification under the GICS Sub Industry of Movies & Entertainment.