Mobile

InMobi SmartPay and Opera Software have announced a partnership to bring InMobi’s SmartPay mobile payment platform to Opera’s more than 160 million mobile browser users worldwide. Post this partnership, InMobi SmartPay will enable Opera users to pay seamlessly for digital goods in key markets around the globe, when they make purchases with some of the [...]

Mobile Ad network InMobi has raised $200 million from Japan’s Softbank. Rebranded from mKhoj, InMobi earlier raised $8mn from KPCB and Sherpalo Ventures (in 2010) and recently launched SmartPay, a mobile payment service. Though KPCB and Sherpalo aren’t participating in this round, Softbank’s investment will take place in two tranches, with $100 million this month [...]

Hi5 InMobi

Mobile ad network InMobi has entered into an exclusive tie up with Hi5 to serve ads on the latter’s Mobile Site. The tie-up is only for Hi5′s Thailand traffic. This tie-up will help boost Hi5′s revenue growth and also help create InMobi’s dominance in the mobile advertising space. Depending on the mutual gains one can [...]

Google Acquires AdMob

Google has announced acquisition of AdMob, mobile ad network for $750mn. Interesting Vicious circle, since AdMob’s popularity comes from it’s iPhone partnership and Google’s Android is ofcourse an iPhone rival.