Mobile social gaming is big in Japan. Very big. Mobile gaming publisher Gumi, which has been growing very rapidly lately, raised $26 million last week in a series F round from Jafco, Shinsei Bank, and DBJ Capital. It previously raised a total of $7 million.
I visited Gumi’s offices and spoke with founder Hironao Kunimitsu, who says he expects to use the new capital to roll up other Japanese… → Read More
During my stay in Korea, I was privy to visit one of Samsung’s manufacturing plants in Gumi, which is referred to as the Gumi complex (the largest mobile phone manufacturer in the world) and ranks as the sixth largest company if it were its own entity. The Gumi Complex is large, I don’t remember the exact acreage, but it’s massive. There are onsite apartment buildings for employees in… → Read More