Italian mobile content company Buongiorno has acquired Chinese mobile content service firm DongAsia through its JV Buongiorno Hong Kong (it owns 49 percent of the latter, with the rest being owned by Mitsui & Co). Buongiorno Hong Kong will buy up to 80 percent of eDongAsia for $2.7 million, with the rest staying with the current shareholders.
Buongiorno will offer B2B services for telecom companies and introduce the Blinko brand for its B2C efforts. In the Asia Pacific Buongiorno also has operations in India, Vietnam, the Philippines, Thailand, Malaysia and Australia. (press release)