Japan social network firm finds mobile gaming success
Tokyo
IT was a familiar trajectory for a social network such as Facebook that did not happen to be Facebook: One moment there were tens of millions of users and a multi-billion-dollar stock market valuation. The next, a plunge towards whatever-happened-to-it oblivion.
But the Japanese technology company Mixi, once the dominant social network in its consummately Internet-connected home market, is rewriting the ending to its story, thanks to a striking act of self-reinvention.
TRENDING NOW
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
HSBC, AIA, Prudential shares slide after report of Hong Kong bank account curbs
How the ultra-rich buy property