gree

  • Japanese Company GREE Buys Mobile Social Gaming Platform OpenFeint For $104 Million In Cash

    Mobile gaming startup OpenFeint, has been acquired by Japanese mobile gaming company GREE for $104 million in cash plus additional capital for growth of the OpenFeint platform. OpenFeint and its team will remain with long-term incentives, including CEO and founder Jason Citron, says the company. OpenFeint provides a comprehensive mobile social gaming platform for the iPhone and Android platforms. Read More

  • Move Over iFund: DCM, Tencent, GREE, KDDI Launch $100M A-Fund

    We’ve all got iPhone mania in the Valley, never mind that Apple tracks our every move and won’t explain why or that AT&T users can’t actually make calls. But in Asia– and much of the rest of the developing world– the anticipated mobile giant is Android. Android phones are just starting to hit Japan and China, and a flood of cheap new models are expected to come… Read More

  • Japan's GREE And Mobile Community mig33 Sign Deal To Bring Social Games To Asia

    Big news from Asia’s social games industry today: Japanese mobile social gaming juggernaut GREE and mig33, a mobile community that’s especially popular in Asia, have just announced [PDF] a cooperation with the potential to change the social gaming market in the region. Under the agreement, mig33 adopts the “GREE platform for smartphone”, which means that smartphone… Read More

  • Japan's Social Gaming Giant DeNA Under Suspicion Of Breaking Antitrust Law

    Bad news from Japan’s multi-billion dollar social gaming industry earlier this week: Tokyo-based mobile gaming heavyweight DeNA (current market cap: US$4.5 billion) was investigated on Wednesday by the Japan Fair Trade Commission (JFTC) over antitrust issues. The allegation: DeNA, which recently paid US$400 million to acquire American smartphone game maker ngmoco, pressured Japanese… Read More

  • Mobile Social Network GREE Lands a Big IPO, In Japan

    The tech IPO is not completely dead. Last Wednesday, Japan’s third largest social network GREE, launched in 2004 by the company of the same name, listed its IPO shares on the Tokyo Stock Exchange’s Mothers market for start-ups. GREE caused a sensation in this year’s lackluster Japanese IPO market with shares rising a whopping 52% from $37 to $56 on the first trading… Read More