Opt Offers Social Recommendation Application Market “myappee” Also In Coordination With T-points

Opt has begun to implement the social recommendation application market “myappee,” which knows which Android apps are popular based on “Like this” and user tweets. New applications are also open for registration [J].

Myappee is a service which introduces popular applications for Android. It combines “ranking.” “recommended,” and “points” to introduce the truly most popular applications to the user. It aggregates users’ word of mouth (tweets, Facebook “Like,” etc.) with download count using and original algorithm, in cooperation with Twitter and Facebook, and is also able to introduce applications recommended by friends.

It is also linked with T point, a service by Culture Convenience Club (CCC). It grants users one point for every 100 yen (US$1.2) spent on applications, and likewise points can be used to purchase applications. From now, during the campaign period, points will also be granted for free application downloads, and the service will be offered to T members for a special price.

original article on VSMedia

Video Rental Store Chain To Be Lead Shareholder Of Kakaku.com

Digital Garage's LogoKakaku.com's Logo

Logo of Culture Convenience Club Tsutaya's Logo

A Shibuya-based Internet conglomerate Digital Garage (DG) announced on Thursday that it would sell a half of all the shares of Kakaku.com[J], a B2C price comparison site and a subsidiary of DG, to Culture Convenience Club (CCC) owning Japan’s largest nationwide store chain providing video rental service called Tsutaya[J].   CCC plans to purchase 58,360 shares of Kakaku.com for approx. USD181M (USD JPY18.1B) on May 25th.

DG will obtain USD157M (JPY15.7B) as the profit arisen from the gap between its book price and this time’s evaluation price, and the company declare it in the business year ending in June, 2009.   DG’s two subsidiaries of Technorati Japan (search engine for blog) and DG Communications[J] (estate advertising) posted operating losses due to some reasons caused by this economic downturn.

DG also announced it would be partnering with CCC, which contains merging payment services being operated by the two companies and helping oversea cloud service providers to enter Japanese market.

Kakaku.com earns relatively higher profit among the DG group companies, however its parent company DG was forced to do so to cover the deficit before reporting figures.   This announcement pushed up DG’s share price to a limit-up in Friday morning, then in afternoon it declined under the previous day’s closing price.

In connection with this time’s new partnership, Joi Ito, managing director for DG and also known as the CEO of Creative Commons(CC), disclosed on his blog that he had joined the board of directors at CCC.   Now he is the management of CC and CCC as you see.