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SOCIAL NETWORKING IS MEGABILLION BIG ON MOBILE

Picture 3-12 This seems to make a lot of sense. Recent reports are showing that social networking platforms made for mobile applications are generating a global net of 3.45 billion dollars. This is more revenue than the other social networking otherwise known as Web 2.0. Not bad.

If you have no idea what I am talking about then you must be living in the United States. Why? The companies that are making it big in this pace include services as Cyworld from South Korea (in 6 countries), Mixi in Japan, Habbo Hotel from Finland (in over a dozen countries) and SeeMeTV in the UK, Italy and other 3/Hutchison markets/ As Tomi T Ahonen exclaims “social networking on mobile is THE first elusive killer app for 3G !”

[read]

For an interesting recent publication on Social Networking Check Out the Institute of Politics Democracy and the Internets (IPDI’s) Person-to-Person-to-Person: Harnessing the Political Power of Online Social Networks and User Generated Content

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