Tuesday, August 23, 2011

Klab was accepted for IPO by Tokyo Stock Exchange Mothers market. It plans to be listed on September 27th.

Klab was founded as an R&D division of Cybird on 2000 January and became a corporation on August of the year. The company developed elemental technology for mobile phones at first and then jointly with telecom careers planned and developed service for mobile phones. Currently it focuses on providing social applications.

The annual revenue ending August 2010 was 2.95 billion yen and the operating income was 150 million yen.

Cnet Japan 8/23/2011

memo
  • Klab provides social games for three largest platform in Japan, Mobage, GREE, and mixi.

  • It is the first IPO of a mobile social game developer and several other developers are expected to follow.

Tagged:

0 comments:

Post a Comment

Venture News Hni Shikawa BlogThe owner of this website is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon properties including, but not limited to, amazon.com, endless.com, myhabit.com, smallparts.com, or amazonwireless.com.