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2009.10.09 01:30 Social Network Services

Google Blogs Alert for: facebook myspace cyworld

Asia's top Social Networking Site Makes 830m USD from Virtual ...
By Ivan
... to leverage profits from their online gamers. Asians spend an estimated $5 billion a year on virtual purchases via websites such as Qzone, Cyworld in South Korea and mobile-phone based network Gree in Japan, according to Plus Eight Star . ... In contrast, Facebook and Myspace depend on advertising to fund most of their revenue. Cultural issues. Gaming is popular among adults in Asia; in the West it mostly for kids. Status. Asian societies are very status conscious. ...
The Virtual Currency Report - http://www.ivanwalsh.com/


 This as-it-happens Google Alert is brought to you by Google.

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posted by jonggunLee