GREE’s market cap soars past $1.6 billion, now higher than DeNA’s and nearly twice as high as Mixi’s

It seems that GREE‘s [JP] success story won’t come to an end too anytime soon. The performance of the 99% mobile social network/gaming platform is becoming scary, as in bubble-type scary. Stocks are rising and rising since the company went IPO in December last year and the financial situation keeps on improving, too. And as… Continue reading GREE’s market cap soars past $1.6 billion, now higher than DeNA’s and nearly twice as high as Mixi’s

SMG and Alibaba: SoftBank strengthens ties with major Chinese web players

SoftBank seems to be pretty bullish about the growing Chinese web market, which is no wonder as there are about 300 million web users in that country (China has the biggest Internet population in the world). The Japanese technology behemoth formed two strategic alliances with high-profile Chinese partners in the last few days. Alliance with… Continue reading SMG and Alibaba: SoftBank strengthens ties with major Chinese web players