Isao Moriyasu (Left): DeNA CEO, Wang Yong (Center), Ren Yi (Right)

DeNA China announced that the company’s CEO Wang Yong stepped down from his position due to personal reasons after five years at the helm of the Japanese game operator’s Chinese unit. Wang is named as honorary director in recognition of his contributions during the long tenure. Ren Yi, former vice president and head of CEO office, is named as the new CEO (source in Chinese).

DeNA entered Chinese mobile market by acquiring the local mobile social network Tianxia back in July 2009. DeNA China’s businesses which mostly based on feature phones back then, failed to catch up with the rising trend of smartphone and lagged behind in face of fierce competitions from prevailing local social networking services like Weibo and Renren.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.