Chinese mobile Internet company KongZhong Corporation today announced its unaudited second quarter 2010 financial results. Total revenues for the quarter increased 9% year-over-year to USD35.3 million and total gross margin was 48% in the second quarter of 2010, an increase of 44% from the previous quarter in 2010. Net income was USD2.6 million, and KongZhong [...]

Chinese wireless value-added services firm KongZhong Corporation announced its unaudited first quarter 2010 financial results.
Total revenues for the first quarter of 2010 increased 37% year-over-year to USD40.64 million, with WVAS revenues accounting for USD25.9 million, a 3% increase from the previous quarter and a 9% increase from the same period last year.
Although the bulk of [...]

Chinese wireless value-added services firm KongZhong Corporation announced its unaudited fourth quarter 2009 and full year 2009 financial results and showed a net income increase for last year.
Total revenues for the fourth quarter of 2009 increased 28% year-over-year to USD34.3 million, while gross margin decreased to 46% in the fourth quarter from 49% in the [...]

Just weeks after China's largest telecommunications operator halted paying firms for some wireless services, two [...]

Chinese wireless value-added services firm KongZhong Corporation has issued an update on schemes within the [...]

Just a week after announcing that its revenue would be greatly impacted by new anti-pornography [...]

It takes guts to be the first to admit a failure, and Chinese wireless value-added [...]

Chinese mobile wireless value-added services firm KongZhong Corporation announced its unaudited third quarter 2009 financial results and stated its profit and revenue grew over the previous quarter.
Total revenues increased 40% year-over-year and increased 9% quarter-over-quarter to USD35.1 million. Net income in the quarter was USD4.50 million, a 27% increase compared with the previous quarter's net [...]

Chinese wireless value-added services firm KongZhong Corporation has announced its unaudited second quarter 2009 financial results.
Total revenues for the second quarter of 2009 increased 37% year-over-year and increased 9% quarter-over-quarter to USD32.3 million. Net income in the quarter was USD3.55 million, a 41% increase compared with the first quarter of 2009 net income of USD2.52 [...]

Chinese wireless value-added services firm KongZhong Corporation has elected Charles Xue to the company's board, effective July 20, 2009, and one of the company's founders has thrown in the management towel.
Xue, the original founder of both UTStarcom and ChinaEdu, will serve as an independent director and on the audit, compensation and nomination committees of the [...]

Chinese wireless value-added services firm KongZhong Corporation announced that it is planning to buy Simlife International Inc., a mobile game developer in China.
KongZhong has agreed to pay USD3 million in cash to the shareholders of Simlife. An additional payment of USD1.25 million in cash and the issuance of 6 million of KongZhong's ordinary shares to [...]

Chinese wireless value-added services firm KongZhong Corporation announced that it is planning to buy Simlife International Inc., a mobile game developer in China.
KongZhong has agreed to pay USD3 million in cash to the shareholders of Simlife. An additional payment of USD1.25 million in cash and the issuance of 6 million of KongZhong's ordinary shares to [...]

Chinese wireless value-added services firm KongZhong Corporation says total revenues for the first quarter of 2009 increased 38% year-over-year and increased 11% quarter-over-quarter to USD29.6 million as the company announced its unaudited first quarter 2009 financial results.
Mobile games accounted for 17% of total revenue in the quarter, compared to 10% in the fourth quarter [...]

Chinese wireless value-added services company KongZhong Corporation today closed the round of financing with Nokia Growth Partners that gave the wayward Chinese mobile firm approximately USD6.8 million in 5-year convertible senior notes.
"I'm truly pleased to welcome Nokia Growth Partner's investment in KongZhong. As we prepare for 3G in the China mobile market, we are seeking [...]

Chinese wireless value-added service firm KongZhong Corporation reported its unaudited fourth quarter 2008 financial results and showed a negligible quarterly profit and overall net loss for 2008.
While the company gleefully proclaimed that quarterly revenues exceeded guidance, with total revenues for the fourth quarter of 2008 increasing 34% year-over-year and 7% quarter-over-quarter to USD26.74 million, net [...]

Australia-based Telstra is hoping that it does not repeat the multiple mistakes of other companies venturing into China's overcrowded wireless value-added services market with new investments in two Chinese companies.
Telstra has acquired a 67% interest in both China M and Sharp Point. China M is one of the hundreds of Chinese suppliers of consumer mobile [...]

Beleaguered Chinese wireless value-added services firm KongZhong (KONG) has announced that Sam Sun, its chief financial officer, is leaving the company by the end of the week.
While it's never a good corporate omen for a CFO to flee so quickly from a company, while Sun will officially depart on February 1, 2009, he will stay [...]

Chinese wireless value-added services company KongZhong Corporation (KONG) has released its unaudited third quarter 2008 financial results showing total revenues for the third quarter of 2008 increased 46% year-over-year and increased 7% quarter-over-quarter to USD25.05 million.

Chinese wireless value-added services firm KongZhong (KONG) announced the appointment late last week of Wang Xin as its chief operating officer.

Wang Leilei, former CEO of Tom Online, will become chairman and CEO of struggling Chinese wireless value-added services firm KongZhong (KONG) from October 13, 2008 and the company's current CEO and chairman Zhou Yunfan will step down from the positions on the same day.