The Art of Negotiation episodes 3 & 4: Did the 10 billion Won deal between Yoon Joo-no & Cha Cha Game fell through?

Still fron The Art of Negotiation (Image Via Instagram/@jtbcdrama)
Still fron The Art of Negotiation (Image Via Instagram/@jtbcdrama)

The Art of Negotiation starring Lee Je-hoon, Kim Dae-myung, and Sung Dong-il, among others, aired episodes 3 and 4 on March 15 and 16, 2025, on JTBC. The Art of Negotiation follows Yoon Joo-no, a merger and acquisition expert who made a comeback to the Sanin Group to save it from bankruptcy.

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Yoon Joo-no disappeared from the company for three years and returned to use his skills and clear a debt of 11 trillion KRW. Yoon Joo-no's team includes lawyer Oh Soon-young, played by Kim Dae-myung, and finance manager Kwak Jin-myeong, portrayed by Ahn Hyun-ho.

Meanwhile, a risk analyst intern, Choi Jin-soo, depicted by Cha Kang-yoon, also joined the team. Previously, in The Art of Negotiation episode 2, Yoon Joo-no successfully collected a little over 8 trillion KRW by selling Sanin Construction. In The Art of Negotiation episode 4, Yoon Joo-no's deal of acquiring Cha Cha Games for 10 billion KRW fell through as CEO Cha Ho-jin received an offer that promised him twice more than Sanin Group.

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Cha Ho-jin was scammed by the company and signed a contract accepting only 2.1 billion KRW. Later, Yoon Joo-no was able to acquire the gaming company but did not purchase it for 10 billion KRW.

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The Art of Negotiation episodes 3 and 4: Yoon Joo-no acquires Cha Cha Games

In episode 3 of The Art of Negotiation, CFO Ha Tae-soo (Jang Hyun-sung) was against Yoon Joo-no buying Cha Cha Games, which made the game Delivery King, which was temporarily shut down. This game had the perfect system for e-commerce but with a bad business model, so it didn't work. Yoon Joo-no wanted to use the system to give an online presence to Sanin Group’s subsidiaries.

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CFO Ha Tae-soo soon agreed after hearing Yoon Joo-no's proposal and asked him to report it directly to Chairman Song Jae-sik (Song Dung-il). To analyze the company, Choi Jin-soo called his friend and gaming consultant Jennie, and she told them the company had no value.

Additionally, Cha Cha Games was in a lawsuit with DC Games, accusing their CEO Do Han-cheol of theft of their game High Square. Do Han-cheol was a university senior of Cha Ho-jin, and the two had cut ties with each other.

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Soon Yoon Joo-no proposed to Cha Ho-jin that he would purchase the company for Delivery King's system, but stated that they will have to shut the game down. Cha Ho-jin was too attached to it, so he decided not to sell the company.

Later in The Art of Negotiation episode 3, Do Han-cheol heard rumors about Sanin purchasing a game development game and came to see Yoon Joo-no, offering him to invest, but he didn't. Do Han-cheol was only there to gain clout by posting pictures from his visit to Sanin and not for the deal.

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Watching Do Han-cheol’s social media posts, Cha Ho-jin offered to sell Cha Cha Games for 10 billion KRW. Yoon Joo-no agreed, but he wanted to test them, and in return, Cha Ho-jin sent him the link to Delivery King's backend.

Yoon Joo-no and Choi Jin-soo did not understand. Choi Jin-soo called Jennie, and she was amazed watching the backend. The code could not be plagiarized because of the blockchain system, which leaves traces of any interference.

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By the end of The Art of Negotiation episode 3, the M&A team waited for Cha Ho-jin to come and sign the deal. Meanwhile, Yoon Joo-no received Chairman Song Jae-shik's permission to move forward. However, he suddenly received a call from Cha Ho-jin that he got another offer double what Sanin Group offered.

In The Art of Negotiation episode 4, Ha Tae-soo made a deal with a funding company to buy Cha Cha Games and resell it to Yoon Joo-no at a higher price. When Cha Ho-jin met Ha Tae-soo, he was expecting 20 billion KRW. However, Ha Tae-soo convinced him that Yoon Joo-no was a scammer and that he would never pay 10 billion KRW to him. Ha Tae-soo convinced him to sell the company for 2.1 billion KRW.

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Jennie joined Cha Cha Games. Choi Jin-soo thought Jennie was a mole, but she informed Choi Jin-soo about Delivery King's Easter egg related to Cha Ho-jin’s first love. The next day, Choi Jin-soo met Yoon Joo-no and told him that he never completed the game, and he also told him that the company was sold out at 2.1 billion KRW.

Yoon Joo-no was shocked to hear this. At the same time, Choi Jin-soo saw Lim Hyung-sub from the HR Department passing by. He recalled and told Yoon Joo-no that he once told Lim Hyung-sub about acquiring Cha Cha Games, realizing that he was the one who must pass on the information to Ha Tae-soo.

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Yoon Joo-no told Choi Jin-soo to lie to him this time. Choi Jin-soo told Lim Hyung-sub that his team is not interested in Cha Cha Games anymore, and they won't acquire it. Ha Tae-soo took the bait and told the funding company executive to contact Yoon Joo-no and sell it for 10 billion KRW, the original price. However, he declined the offer.

Later in The Art of Negotiation episode 4, Joo-no met Cha Ho-jin, and they rejoiced in their win, and he informed them that they would pay 3 billion KRW only. Yoon Joo-no promised he would help Cha Ho-jin get 10 billion KRW as funds from DC Games.

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Given that Do Han-cheol had physically stolen Delivery King's code, lawyer Oh Soon-young from Yoon Joo-no’s team stepped in. Oh Soon-young negotiated for a settlement of 10 billion KRW and a 10% stake in High Square, the game. Do Han-cheol was not giving him attention until Oh Soon-young brought up the CCTV footage and Do Han-cheol immediately agreed.

By the end of The Art of Negotiation episode 4, a reporter tried to take revenge against Yoon Joo-no, who had previously refused to cooperate. Later, he gave an exclusive news story to another publication. The reporter published a piece on Sanin Group and its M&A department. Yoon Joo-no received a call from Kwak Jin-myeong that they may hit the lowest stock price, which would lead the PPF to take over Sanin Group.

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The Art of Negotiation airs every Saturday and Sunday on JTBC.

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Edited by Madhur Dave
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