Softsign sets up R&S Mobile JOINT STOCK COMPANY, joint venture with Vietnam's Runsystem Corporation at Hanoi launching mobile SNS service, MOBA.
The amount of capital of the startup is 4 million yen, 49% of which is invested by Softsign and the rest by Runsystem Corporation.
Runsystem Corporation provides mobile/Web system and game software development for Japan and Western countries. Softsign operates mobile contents distribution service in Vietnam by partnering with local companies. It aims to become like Mobage or Gree taking advantage of early entry with relatively less competition in immature market at this moment.
Venture Now 10/19/2010
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