China Telecom plans to establish a product center and will set up six content bases [...]
Linktone Pays USD9 Million For Controlling Stake In Chinese Mobile Game Company
13 January 2010
Chinese wireless value-added services firm Linktone Ltd. has entered into a definitive agreement to acquire [...]
South Korea's KT To Acquire Stake In Chinese Mobile Service Provider
30 December 2009
South Korean telecom operator KT has announced plans to acquire 25% stake in Omnitel China, [...]
Linktone's Wireless Revenue Crashes In China
01 December 2009
Wireless value-added services revenue precipitously dropped in the third quarter ended September 30, 2009, for [...]
KongZhong Announces Q3 2009 Financial Results
12 November 2009
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 [...]
China's Kingsoft Launches New Website For Mobile Phone Users
29 October 2009
Chinese software, security, and online game provider Kingsoft has announced the formal launch of its wireless Internet site, wap.shouji.cn, providing various mobile phone application services to users who surf via mobile phones.
Li Wanqiang, general manager of this new website, told local media that as the mobile phone WAP site of Kingsoft, the new website is [...]
China Telecom To Recruit App Store Partners
14 October 2009
Chinese telecom operator China Telecom has published a report stating that it will recruit core cooperative partners for its online mobile phone application store.
These core cooperative partners are meant to be developers and the company requires its cooperative partners to have high technology development and support ability. Meanwhile, they should have the development capability based [...]
KongZhong Lifts Wireless Services Revenue In China
11 August 2009
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 [...]
KongZhong Buys Chinese Mobile Game Developer
22 June 2009
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 [...]
KongZhong Buys Chinese Mobile Game Developer
22 June 2009
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 [...]
New Venture Capital Pours In For Techfaith's Mobile Game Subsidiary In China
18 May 2009
IDGVC Partners and Infiniti Capital are splitting a USD20 million investment in a Chinese mobile gaming developer.
Based in Beijing, One Net Entertainment is targeting both the mobile and online PC gaming markets through its websites 798uu.com and 798game.com, respectively. Three massive multiplayer online role-playing games are planned to launch in 2009 for online PC users [...]
KongZhong Posts Profit In China's Mobile Sector
14 May 2009
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 [...]
China's Mobile Aspirations Disappoint As KongZhong Posts Annual Results, Gains Nokia Investment
19 February 2009
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 [...]
Trouble At KongZhong? CFO Departs Chinese Wireless Firm
29 January 2009
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 [...]
KongZhong Releases Q3 2008 Financial Results
18 November 2008
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.
China's Mobile Phone Games Made CNY320 Million In Q3 2008
05 November 2008
According to the latest report released by the market consulting company Analysys International on China's mobile phone game market in the third quarter of 2008, the market scale of China's Java and BREW mobile phone games reached CNY320 million in the period.
KongZhong's Game Passes China Mobile's Test
12 September 2008
Chinese wireless value-added services company KongZhong (KONG) says its Tian Jie Online game passed China Mobile's testing and was launched on China Mobile's Mobile Online Game Platform two days ago.















