GREE, Inc. is a Japan-based company engaged in the operation of social networking service (SNS) under the name GREE. GREE provides various basic SNS functions, such as profile, diary, community, photo, mail and others to personal computer (PC) users. Besides basic SNS functions, GREE also provides to mobile phone users with other functions such as social games, flash games, fortune-telling function, dictionary function, question-and-answer (Q&A) function and news function, among others. The Company generates its revenue mainly from fee charging and advertising media. As of June 30, 2012, the Company had four subsidiaries. On September 19, 2013, the Company acquired the residual interests in a 91.9%-owned subsidiary, which engages in the ad exchange business, then made it become a wholly owned subsidiary.