Mixi will set up China subsidiary
Japanese Social Network Giant, Mixi Inc. announced that they will establish its 100% owned subsidiary in Shanghai, China, to break into Chinese market in this April or May, 2008.
Most revenue of Mixi is now from its social network service for PC and cellularphone browser. Mixi says they think China is promising because of its spreading internet users and growing cellularphone market.
The name of the company is planned to be “mixi Shanghai, Inc.” (上海明迅網絡科技有限公司).
See also:
Markezine - Mixi goes into Chinese Internet market [J]
