Playfon acquires for rumoured $5m


Playfon, the Russian behemoth, has reportedly acquired mobile photo and video community site for a rumoured $5m. Reports indicate that Wappy has 1 million monthly uniques — something that Playfon are apparently considering using as a platform to launch Russia’s first mobile social network.

Good news, good news. Let’s see what’s next from them…

By Ewan

Ewan is Founder and Editor of Mobile Industry Review. He writes about a wide variety of industry issues and is usually active on Twitter most days. You can read more about him or reach him with these details.

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