Wednesday, November 2, 2011

DeNA, GREE: Japan?s Mobile Social Gaming Giants Report Impressive Financial Numbers

dena greeGREE and Mobage are brand names that don't ring a bell with too many people (yet) as far as markets like the US or Europe are concerned, but these mobile social gaming platforms are hugely successful in Japan. The Tokyo-based companies behind these homegrown gaming networks, GREE and DeNA, reported some big financial numbers today. DeNA (current market cap: US$6.4 billion) today announced sales reached US$457 million for the second quarter of this fiscal (through the end of September 2011), while operating income hit a mind-boggling US$203 million. That translates into 28% and 13% year-on-year growth, respectively.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/iUNP0udezTg/

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