Mig33 Sees Success With Virtual Goods, Heads Into Asia

Mig33, a mobile social service boasting 34 million members, starting with its operations in the US shifting to Asia to bring Internet to mobile phones. The VOIP company is experiencing success in monetizing its user base through virtual gifts, avatars, and chat-based social gaming and is in competition with the likes of Tencent, the biggest mobile chat service in China, although Mig33 is aiming more for emerging markets.