The Hot New Business Of Virtual Goods - Henry Blodget

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The Hot New Business Of Virtual Goods
Nov 07, 2009 03:52 PM UTC

Henry Blodget

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Via Silicon Alley Insider:

As we've noted frequently over the past couple of months, virtual goods sales in the US are finally starting to take off.

This has been a big business in Asia for years, and we see no reason why it won't soon be an even bigger one here. It's also an extremely profitable business, with margins near 90%.

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