China is hot. Mobile connections there just overtook those in the U.S. for the first time. Here is a glut of deals news today illustrating the boom?
??Changyou, the online gaming arm of Sohu (NSDQ: SOHU) announced that it has agreed to acquire 17173.com ? a news site for games ? from Sohu for US $162.5 million. Via Technode
??Social Gaming Veterans SNS+ Raise $12.2 Million For Its Asia-Focused Titles. Via Penn Olson.
??New Weibo Games Stats Reveal How Sina (NSDQ: SINA) Cracked Social Gaming.
??Baidu (NSDQ: BIDU) is spinning off its ecommerce unit Youa to a separate company, raising tens of millions for it from IDC-Accel and Qiming. Via Technode.
??Follow5, a service which syncs microblog (?weibo?) updates across multiple services, may sell to browser firm Qihoo360. Via Technode.
??Angry Birds Landing in Japan. But Will It Succeed? Via Penn Olson
??More Evidence of Mobile Gaming on the Rise in Asia. Via Penn Olson
Posted In: Mobile, Countries, Asia, China, Japan
Source: http://paidcontent.org/article/419-far-east-round-up-social-mobile-gaming-are-soaring/
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