An enlightening session via @plus8star at LeWeb with Asia’s numerous, billion dollar social network & gaming leaders.
One of the surprising stats is that GREE, one of Japan’s leading social networks with a focus on mobile and gaming, spends $10M per month on television advertising. They acquire users at $15 and generate a monthly ARPU of $2.
The participants are looking increasingly at acquisitions and partnerships in Europe and North America.
Continuing to collect stories about spending money offline to make money online.