Mitsui

Buongiorno Acquires Chinese Mobile Firm eDongAsia for $2.7 Million

Authored by Mark Hefflinger on January 12, 2007 - 1:21pm.

Milan, Italy - Buongiorno, an Italy-based digital music and entertainment distributor, announced on Friday that its Hong Kong unit, a joint venture with Mitsui & Co., has acquired eDongAsia, a provider of mobile entertainment in China. Under the deal, Buongiorno Hong Kong will acquire up to 80% of eDongAsia for about $2.7 million. Buongiorno will offer both business to business services for telecom companies and large media groups in China, as well as consumer services, under its Blinko brand.

AOL's Advertising.com to Launch Japanese Joint Venture

Authored by Mark Hefflinger on November 20, 2006 - 6:13pm.
Baltimore - Advertising.com, a Baltimore-based unit of AOL that operates a large display ad network, said on Monday that it has struck a deal with Mitsui & Co. to create a new joint venture serving the Japanese online advertising market.