Twitch to Close its Services in South Korea Due to High Operational Costs
Admin
Dec 10, 2023
Popular live streaming platform Twitch has announced the closure of its services in South Korea on February 27, 2024. The decision was made to prevent long-term losses, as the operational costs in South Korea were deemed excessively high. Despite various efforts to reduce expenses, Twitch's operational costs in South Korea remained significantly higher compared to other markets. The closure will impact both streamers and viewers in the country, including the esports industry and game developers like Riot Games, who will need to reconsider their strategies for Korean streamers. Twitch aims to assist affected streamers in transitioning to alternative platforms.
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