Buongiorno
Encyclopedia
Buongiorno is an Italian
company that provides content (such as games, music, and information) for mobile phone
s. also known as Good morning.
In 2006 the group Buongiorno delivered almost 1.4 billion "digital objects" (ringtones, Java games, wallpapers, etc.) to over 60 million end users (unique mobile phone numbers) In 2007, Buongiorno acquired South Africa
n mobile content provider iTouch for €
141 million (R
1.34 billion).
her
messages with the subject "Buongiorno" (Italian
for "good morning") to 11 friends. The business expanded quickly—by 1998 he was sending e-mail newsletters to 25,000 people. Del Rio launched Buongiorno SpA to provided services for the telecommunications market, beginning a policy of growth through international acquisitions, the first of which was of the Spanish company MyAlert in 2001. Buongiorno merged with Vitaminic in July 2003 to form Buongiorno Vitaminic SpA. The company continued with its policy of acquisitions, the most significant of which were the Italian company Gsmbox in 2004, and the French company Freever as well as the Dutch company Tutch in 2005.
On May 16, 2006 the company changed its name to Buongiorno SpA.
More recent acquisitions which led to the current structure of the Buongiorno group were the British firm Inventa which was purchased at the end of 2006 and the American company Rocket Mobile in the early months of 2007. A significant partnership was established with the Mitsui corporation of Japan, creating the joint venture Buongiorno Hong Kong, managed by Simone Ranucci Brandimarte. The partnership's first major transaction was the acquisition of eDong Asia, a leading Chinese provider of mobile content.
On July 29, 2010 the company announced its investment in Glamoo, company leader in the group buying
("collective buying") sector and headquartered in London
.
157.2 million, with a net worth of around €76.9 million, a consolidated turnover of about €191.8 million and consolidated net profit of about €12.6 million.
Investment in the parent company amounts to approximately €124.2 million, with a net worth of around €76.9 million, a turnover of about €50.5 million and a net profit of about €13.8 million, with extraordinary income (capital gains on sale of shares) of about 10.9 million euros.
In 2006 the Buongiorno group employed on average 659 employees, including 173 staff in the parent company.
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
company that provides content (such as games, music, and information) for mobile phone
Mobile phone
A mobile phone is a device which can make and receive telephone calls over a radio link whilst moving around a wide geographic area. It does so by connecting to a cellular network provided by a mobile network operator...
s. also known as Good morning.
In 2006 the group Buongiorno delivered almost 1.4 billion "digital objects" (ringtones, Java games, wallpapers, etc.) to over 60 million end users (unique mobile phone numbers) In 2007, Buongiorno acquired South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
n mobile content provider iTouch for €
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
141 million (R
South African rand
The rand is the currency of South Africa. It takes its name from the Witwatersrand , the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. The rand has the symbol "R" and is subdivided into 100 cents, symbol "c"...
1.34 billion).
her
History
Buongiorno started out in 1995' when current chairman Mauro Del Rio started sending humorous e-mailE-mail
Electronic mail, commonly known as email or e-mail, is a method of exchanging digital messages from an author to one or more recipients. Modern email operates across the Internet or other computer networks. Some early email systems required that the author and the recipient both be online at the...
messages with the subject "Buongiorno" (Italian
Italian language
Italian is a Romance language spoken mainly in Europe: Italy, Switzerland, San Marino, Vatican City, by minorities in Malta, Monaco, Croatia, Slovenia, France, Libya, Eritrea, and Somalia, and by immigrant communities in the Americas and Australia...
for "good morning") to 11 friends. The business expanded quickly—by 1998 he was sending e-mail newsletters to 25,000 people. Del Rio launched Buongiorno SpA to provided services for the telecommunications market, beginning a policy of growth through international acquisitions, the first of which was of the Spanish company MyAlert in 2001. Buongiorno merged with Vitaminic in July 2003 to form Buongiorno Vitaminic SpA. The company continued with its policy of acquisitions, the most significant of which were the Italian company Gsmbox in 2004, and the French company Freever as well as the Dutch company Tutch in 2005.
On May 16, 2006 the company changed its name to Buongiorno SpA.
More recent acquisitions which led to the current structure of the Buongiorno group were the British firm Inventa which was purchased at the end of 2006 and the American company Rocket Mobile in the early months of 2007. A significant partnership was established with the Mitsui corporation of Japan, creating the joint venture Buongiorno Hong Kong, managed by Simone Ranucci Brandimarte. The partnership's first major transaction was the acquisition of eDong Asia, a leading Chinese provider of mobile content.
On July 29, 2010 the company announced its investment in Glamoo, company leader in the group buying
Tuangou
Tuángòu , which loosely translates as team buying or group buying , is a recently developed shopping strategy originating in the People's Republic of China...
("collective buying") sector and headquartered in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
.
Financial Information
As reported on the balance sheet dated 31 December 2006, the Buongiorno group has a consolidated investment of about €Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
157.2 million, with a net worth of around €76.9 million, a consolidated turnover of about €191.8 million and consolidated net profit of about €12.6 million.
Investment in the parent company amounts to approximately €124.2 million, with a net worth of around €76.9 million, a turnover of about €50.5 million and a net profit of about €13.8 million, with extraordinary income (capital gains on sale of shares) of about 10.9 million euros.
In 2006 the Buongiorno group employed on average 659 employees, including 173 staff in the parent company.