DeNA's Net Income Climbs 45% in First Quarter to $121.3M

Japanese mobile-social gaming giant DeNA said today that its first quarter net income climbed 45 percent to $121.3 million from the same time period a year earlier. The boost came as the company said its users are spending more on DeNA’s virtual currency Mobacoins with help from new carrier billing deals.

Net sales also rose 43 percent to $444 million as the company grew its mobile social gaming network to 30 million in Japan. In an effort to capture a bigger slice of the global mobile gaming market DeNA’s subsidiary ngmoco:) recently launched its Mobage platform for Android.

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