Japan’s Adways invests in Gumi, looks to conquer Asia mobile app market



See the original story in Japanese.

Japanese internet company Adways (TSE:2489) announced yesterday that it has invested in mobile gaming developer Gumi (also from Japan), taking a 1.0% stake.

Adways provides a reward-based ad platform for mobile app developers (in Japan and around the world) called AppDriver. Gumi is seeing good results in user acquisition, not only for its own game titles but also with Brave Frontier, a game developed by its subsidiary Alim. It is said that the app has acquired more than 2 million users in Japan as well as a million users from around the rest of the world. Through this investment, Adways expects to create a synergy with Gumi to expand its business in global mobile markets.

Adways also recently announced it has partnered with InMovi Japan and five Japanese startups providing crowdsourcing services, helping AppDriver users improve and promote their apps using these services for free or at discounted rates.