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Japan's Gree Founder Loses $2.6B on Mobile Gaming Miss
“Both Gree and DeNA will be badly impacted by rising penetration rates of smartphones,” said Amir Anvarzadeh, a Singapore-based manager for Asia equity sales at BGC Partners Inc. The market for smartphone games is “hugely crowded,” he said.
Related articles »  
Indonesian gaming studio Toucten secures additional funding from GREE Inc, 500 ...
To date, GREE Inc has invested in multiple Asian companies including Japan-based news app company SmartNews and last-minute hotel booking company HotelQuickly.
GREE Inc-backed HotelQuickly partners BCARD to enhance rewards for Malaysian users
The app raised a $4.5 million Series A-1 round from GREE Inc in 2014, on top of a $1.15 million angel funding led by the former chairman of Singtel and Singapore Airlines, Koh Boon Hee, in August 2013.
GREE International Closed its Vancouver Studio and Canceled All of Their Games
Earlier this week GREE announced that it was scuttling its office in Vancouver, British Columbia and discontinuing development, effective immediately.
Gree shuts down its Vancouver studio & refocuses on its biggest brands  VentureBeat
Gree shuts down Vancouver studio  Gamasutra
GREE, Inc. Partners with Four Additional Studios
GREE, Inc., the Japanese company behind the Gree social gaming network, has continued its partnership and buying spree of North American mobile game developers.
Love Badland and Limbo? Check out Gree's new El side-scrolling flying game
In the game, you play as the presumed title character, who wakes up “in a forgotten prison” and “flies off in search of purpose” with the aid of a magical umbrella.
Gree's Andrew Sheppard is placing his bets to take original mobile games higher
He then took a post as chief operating officer at Gree International, the overseas arm of Japanese mobile gaming company that had revenues last year over $1 billion.
Japan's Gree In SF Lays Off 120, Buys Game Developer Twiitch, Opens Offices In ...
Yet more consolidation afoot in the gaming business. Gree International, the global arm of the Japanese gaming giant that focuses on social and mobile gaming, is downsizing in San Francisco by cutting 30 percent of jobs, or 120 people, the company has ...
Young Gree chief loses $2.6 billion to smartphone boom
In five years, Yoshikazu Tanaka became Japan's youngest billionaire as investors piled into Gree Inc., valuing his controlling stake in the early maker of phone-based games at $4 billion.