Migme up on Indian expansion

UPDATE 3.05pm: Shares in migme were firmer after the social media play announced it would expand its artist engagement program to India.
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Social Networker Hits The Right Notes In Asia

JOHN BEVERIDGE
COULD it be that sharing is one of the keys to making money in the social media space?
Social networking company MigMe is certainly finding it is a winning formula as it grows its presence throughout Asia and signs up many local singers and artists in the process.
Chief executive Steven Goh said in countries where music […]

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Western Australia looks past resources to future tech boom

It would have been an interesting proposition to observe. Management of a small, languishing mining company convincing their traditional shareholders to transform the business from a gold miner to an Asian social media juggernaut. Revenue would come not from a gold discovery, the stunned investors were told, but from flowery virtual gifts sold for 20¢ a pop.
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Migme raises $7m in placement

Social entertainment network migme has upgraded the size of a proposed capital raising because of strong demand for its shares.
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migme invests $400k in MatchMe, doubles users

Singapore and Indonesia based social entertainment platform migme Limited Thursday announced an investment of $400k into regional games platform developer MatchMe Pte Ltd through a convertible note.
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