Techedge Tentatively Agrees To Chinese Internet Cafe Business Acquisition

October 11, 2005 | Print | Email Email | Comments | Category: Business





    VoIP company Techedge's wholly-owned subsidiary China Quantum Communications has reached a tentative asset purchase agreement with Nettv Media Limited, for Nettv's MobiChannel unit, an online sales and event promotion company for online entertainment business in China.

    Terms and conditions of the proposed acquisition were not disclosed.

    MobiChannel is a sales and promotion company for online gaming industry in China, with over 600 field promotion staff having worked on over 5000 Internet cafes.

    The acquisition will include tangible and intangible assets of MobiChannel, including its online marketing and promotion system, Internet cafe monitoring system, staff management system, Mobi3 mobile payment system, proprietary SMS gateway, point card system and gift center, entire client base, and brand names.

    Related Links:


    Recommend this page: 1 Star2 Stars3 Stars4 Stars5 Stars

    Loading ... Loading ...
    Related News:
  • Techedge May Acquire Unitop Communications China Business Unit
  • China's Ministry Of Culture Issues Four Internet Cafe Chain Licenses
  • Techedge Chosen For Wireless IP Network
  • Techedge Conducts Wireless Broadband IP Network Trial
  • China's Internet Cafe Associations Publish Joint Declaration
  • Intel Joins Hands With Founder To Promote Internet Cafe Computer Deal
  • Shanghai's Internet Cafe Industry Gains First Financial Support From Bank
  • Seven Manufacturers Provide Computers For Internet Cafes
  • Rumor: China Mobile Will Acquire EMI
  • Retaliation Leads To Net Cafe Staff Resignations



    • Leave A Comment:



    Inside ChinaTechNews.com


      Other China News

      China Sourcing News:

      Home Building Chain Closes Another Store In China

      American Internet Retailer Adds Courier Fees In China

      French Optics Company Announces Two China Investment Deals

      Increasing Manufacturing Costs Cause Trouble For Chinese Retailer
      TechSecurityChina.com:

      Inspur International To Sell Chinese E-government Business

      Shareholder Disputes Settled For Chinese Media Firm

      Qihoo 360′s Safebox Software Will Integrate With Uuu9.com

      Apple Suspends iPhone 4S Sales In Retail Stores In China
      ChinaWirelessNews.com:

      ZTE Launches First Tablet In America

      Apple Adopts New iPhone Sales System In Hong Kong

      China Telecom To Launch CDMA-based iPhone 4S

      China Mobile's Call Center In Luoyang Formally Launched

      Visit these other China sites: ChinaRetailNews.com | GreenChinaTech.com | ChinaWirelessNews.com | TechSecurityChina.com | China Sourcing News | China CSR