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re: Ann: Acquisition of mig33 social entertai... This is a bit...

  1. 603 Posts.
    re: Ann: Acquisition of mig33 social entertai... This is a bit old but shows there's interest and the business has something going for it if these guys are willing to cough up $9m.

    http://venturebeat.com/2010/11/08/social-mobile-platform-mig33-raises-8-9m-from-japans-gree-and-indonesian-entrepreneur/

    Mobile social networking service Mig33 has raised $8.9 million in a third round of funding.

    Indonesian telecom entrepreneur Pak Sugiono Wiyono Sugialam and Japan’s Gree led the round. Sugiono is a well-known regional entrepreneur with ties to telecom retailers with lots of outlets in Indonesia. Gree, meanwhile, is a mobile social game portal and game developer with a market value of $2.5 billion. The choice of investors makes sense because Mig33 moved from Silicon Valley to Singapore as part of a plan to bring its service to developing parts of Asia.
 
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