By March 2021, Nexon had deployed $874 million of that amount on investments into Hasbro, Bandai Namco Holdings, Konami, and Sega Sammy Holdings.

On June 2, 2020, Nexon announced plans to invest $1.5 billion in listed entertainment companies. On November 25, 2019, The Lego Group announced the acquisition of Bricklink, the world's largest Lego fan community from Nexon's parent company NXC, for an unknown price, which is expected to finish before the end of 2019. However, on July 8, 2019, Reuters reported the plan was abandoned. On January 3, 2019, the Korea Economic Daily reported Nexon founder Kim Jung-ju and associates have put their 98.64-percent stake up for sale. In October 2018, a labor union was established at Nexon. On March 9, 2016, Nexon acquired Big Huge Games, a mobile game developer in Maryland. Nexon went public on the Tokyo Stock Exchange on December 14, 2011, in an initial public offering, the largest in Japan for 2011 and the second largest by a technological company for 2011 worldwide. In April 2013, the programmer 'DrUnKeN ChEeTaH' was sued by Nexon America for operating GameAnarchy, a popular subscription based cheat provider for Combat Arms. Dungeon & Fighter is one of the most popular free-to-play online PC games in China. Nexon is also the developer of Dungeon & Fighter, through its wholly owned subsidiary, Neople. The game was localized for Japan, China, Taiwan, Thailand, Singapore, North America, Europe, Brazil, and Vietnam. In 2003, Wizet developed MapleStory in Korea, which later became one of its most successful titles and has been serviced for more than a decade. Numerous other games followed such as Dark Ages: Online Roleplaying, Elemental Saga, QuizQuiz, KartRider, Elancia, and Shattered Galaxy some of which are maintained by a company spun off of Nexon, Kru Interactive.

It developed and published its first title, Nexus: The Kingdom of the Winds, in 1996, which the company continues to service. Nexon (originally Korean: 주식회사 넥슨) was established in Seoul, South Korea on December 26, 1994. The company's largest shareholder is the investment firm NXC, also founded by Jung-ju.

In 2005, the company moved its headquarters to Tokyo, Japan. Nexon was founded in Seoul, South Korea in 1994 by Kim Jung-ju and Jake Song.

Headquartered in Japan, the company has offices located in South Korea, the United States, Taiwan and Thailand. It publishes titles including MapleStory, Dungeon & Fighter, Sudden Attack, and KartRider.

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