In this post our editor published a month ago, we were asking DeNA: What does an advanced Japanese mobile commerce and entertainment provider do in China? Despite Wang Yong, CEO of DeNA China was telling us:

Today, we obviously have the answer: DeNA, the biggest mobile social network in Japan and currently has 632 employees with a market cap of USD1.5 billion, has entered a tentative (not final) agreement to take a majority stake in WapTX, the owner company of the leading mobile SNS Tianxia (天下网) in China.

Tianxia, the leading Chinese mobile SNS is reported over 30million registered users and 1million active users daily. DeNA has around 14.2 million users in Japan and 18 billion page views per month. It sounds like a win-win deal. Also note that Tianxia was invested by Infinity Venture which is from Japan, this deal is not that surprising, I guess.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Gang Lu

Dr. Gang Lu - Founder of TechNode. He's a Blogger, a Geek, a PhD and a Speaker, with passion in Tech, Internet and R'N'R.