Social gaming overlord Zynga has officially snapped up rival studio OMGPOP, the creator of the Pictionary-style Draw Something app.Confirming reports earlier this week, the studios have reached an agreement, thought to be in the region of $200m (£120m).Draw Something has proved to be somewhat of a phenomenon over the last month, rising to the top of the iOS, Android and Facebook charts soon after its launch.The game requires its 30 million plus users to draw pictures based on word clues, while attempting to guess those doodled by opponents. It can also be played across platforms.Engendering social interactionsNoting the game’s dramatic rise to the top of the social gaming arena, Zynga (which enjoyed similar success with Scrabble clone Words With Friends) has moved fast to acquire the title.”The OMGPOP team has created a game that’s fun, expressive and engenders real social interaction,” said Zynga CEO Mark Pincus in a news release.
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How the Rural-Urban Divide Plays Out on Digital Platforms
It is one thing for entrepreneurs, whether urban or rural, to create and operate an online store, as some digital platforms have made it relatively easy to manage an e-store – even by using just a smartphone.
Thailand’s internet economy to hit US$53 billion in 2025
New users in Southeast Asia are coming online at a blistering pace, adding 40M new Internet users this year alone compared to 100M between 2015 and 2019 and 70% of the region’s population is now online.
Southeast Asia’s Internet sectors continue to see strong growth, hitting $100 billion in 2020, and are on track to cross $300 billion by 2025 stated a report by Google, Singapore state investor Temasek Holdings and business consultants Bain & Co.
Southeast Asia’s internet economy hits $100 billion
The two pacesetters in the region are Indonesia and Vietnam, which lead the pack with growth rates in excess of 40% a year.
The internet economies in Malaysia, Thailand, Singapore and the Philippines are growing by between 20% and 30% annually, with no signs of slowing down, according to Google and Temasek multi-year research program.
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