By Dr. Serkan Toto – On Japan's Game Industry
Tokyo-based social game maker gumi announced it has raised a whopping two billion yen (US$25.7) from a total of six investors today. The fresh money comes from JAFCO, DBJ Capital, Shinsei Bank, Mitsubishi UFJ Capital, and Tecmo Koei. Gumi says they have now reached a US$154 million post-money...
One of the biggest third-party social gaming companies in Japan (along Konami, gloops, Klab, etc.) is Tokyo-based gumi. The startup has just posted a pretty unusual and “open” announcement on its website. According to the release, gumi generated a whopping 100 million Yen in virtual...
TechCrunch editor-in-chief Erick Schonfeld spent some days in Tokyo earlier this week for the TechCrunch Tokyo 2011 conference, which I attended and GREE CEO Yoshikazu was invited for as a speaker. Here is an interview with Tanaka that Schonfeld did at the day of the event (this week Tuesday)...
GREE‘s partnership with Tencent is bearing some fruit: Taito’s Android game Spy Wars has been made available on the Chinese social networking platform. To be more concrete, Spy Wars is deployed on the ” Tencent Wireless Open Platform for Community for smartphones”. GREE...
It was a good run for Konami: their mega hit social game Dragon Collection occupied the top spot on the ranking of the most popular titles on GREE for over a year. But Dragon Collection has been pushed down to No. 2 today, and now EA has the bragging rights for the No. 1 game on GREE (among third...
GREE stock has lost over 5% at the Tokyo Stock Exchange today (after the lawsuit against DeNA), but it did better than its rival: DeNA’s stock lost 6.6%, and hit 2,454 yen, the lowest price this year. GREE’s market cap now stands at US$8.3 billion, while that of DeNA amounts to...
By Dr. Serkan Toto – On Japan's Game Industry