Are GREE?s U.S. Efforts Starting to Pay Off With $29M In First-Half Studio Revenue?

The Japanese mobile gaming companies came. They saw. And they still have yet to conquer Western consumer markets, but at least they're showing some financial progress. Japan's GREE today said that its U.S. studios have now seen about $29 million in revenue in the first-half. No word on profits though, but we do hear that they are quite the aggressive spenders on marketing. Much of that came from Funzio, the San Francisco mobile-social gaming company GREE acquired for $210 million earlier this year. The $16.9 million GREE made in the last quarter from its U.S. studios represented a 38 percent increase over the first one.

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