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Slow Growth In China For KongZhong's Internet Games And Mobile Services
May 25, 2011Chinese wireless value-added services and digital entertainment company KongZhong Corporation announced its unaudited first quarter 2011 financial results.
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Annual Net Income Drops For KongZhong's Wireless Business In China
March 3, 2011Revenue increased slightly but full year net income dropped for Chinese wireless value-added services firm KongZhong Corporation as it announced its unaudited fourth quarter 2010 and full year 2010 financial results.
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Youku And Tudou Are Not The Chinese Internet Video YouTubes
December 8, 2010Youku.com and Tudou.com, along with about a dozen competitors, are known as the Chinese versions of YouTube. But beyond the common ability for users to upload videos to Youku.com, Tudou.com, and YouTube, the Chinese and Western business models face different futures.
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KongZhong Forecasts Lower Revenues For Chinese Mobile Services
November 23, 2010Chinese wireless value-added services company KongZhong Corporation revealed its unaudited third quarter 2010 financial results and stated its total revenues increased 7% year-over-year to USD37.67 million.
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Wireless Services Decline In China For KongZhong
August 26, 2010Chinese mobile Internet company KongZhong Corporation today announced its unaudited second quarter 2010 financial results.
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Challenging Mobile Environment Shown By KongZhong's Financials In China
May 20, 2010Chinese wireless value-added services firm KongZhong Corporation announced its unaudited first quarter 2010 financial results.
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KongZhong Posts Increased China Revenue But Warns On Weak Mobile Growth
March 17, 2010Chinese 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.
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Thirty Chinese Mobile Service Providers Punished For Irregular Operations
March 3, 2010According to Cctime.com, a Chinese communications industry portal, 30 Chinese mobile service providers, including Hurray and Sohu, have been punished for various irregular operations in recent weeks in Shandong.
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Nokia, Pearson: Foreign Companies Running Blindly Into China's Wireless Internet Sector
February 1, 2010Just weeks after China's largest telecommunications operator halted paying firms for some wireless services, two foreign companies now ironically plan to join forces to push educational services to China's mobile phone citizenry.
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New Chinese Mobile Content Rules Will Adversely Affect KongZhong's Revenue
January 27, 2010Chinese wireless value-added services firm KongZhong Corporation has issued an update on schemes within the Chinese mobile sector following the company's press release last month in which it expected a downturn caused by a suspension of telecommunications billing in China.
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Looking Back At China's Top Technology News In 2009
January 7, 2010It's the end of a great year at ChinaTechNews.com, and we have compiled a list of our own top ten online technology stories and topics for 2009. The year 2009 began with worries of how the financial crisis would impact Chinese businesses, but those worries soon disappeared as businesses realized China was on its own [...]
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KongZhong Makes New Online Game Acquisition In China
December 16, 2009Just a week after announcing that its revenue would be greatly impacted by new anti-pornography wireless messaging rules in China, Chinese wireless-value added services firm KongZhong Corporation has now announced a deal to pay up to USD80 million for a Chinese online game company.
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KongZhong Admits Chinese Wireless Porn Crackdown Will Hurt Revenue
December 11, 2009It takes guts to be the first to admit a failure, and Chinese wireless value-added services firm KongZhong Corporation has now become the first U.S.-listed mobile firm from China to admit an expected downturn caused by last week's suspension of telecommunications billing.
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KongZhong Announces Q3 2009 Financial Results
November 12, 2009Chinese 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.
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KongZhong Lifts Wireless Services Revenue In China
August 11, 2009Chinese wireless value-added services firm KongZhong Corporation has announced its unaudited second quarter 2009 financial results.
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KongZhong Founder Resigns From Management Role
July 21, 2009Chinese 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.
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KongZhong Buys Chinese Mobile Game Developer
June 22, 2009Chinese wireless value-added services firm KongZhong Corporation announced that it is planning to buy Simlife International Inc., a mobile game developer in China.
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KongZhong Posts Profit In China's Mobile Sector
May 14, 2009Chinese 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.
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Nokia Growth Partners Shows KongZhong The Money In China
March 18, 2009Chinese 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.
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China's Mobile Aspirations Disappoint As KongZhong Posts Annual Results, Gains Nokia Investment
February 19, 2009Chinese 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.
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Telstra's New China Investments Eye China's Growing Mobile Market
February 11, 2009Australia-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.
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Chinese Tech VC Quits Sequoia Capital
February 2, 2009Leading Chinese venture capitalist Zhang Fan has called it quits from his position as founding managing partner at Sequoia Capital China.
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Trouble At KongZhong? CFO Departs Chinese Wireless Firm
January 29, 2009Beleaguered 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.
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CIIRC Exposes Second Batch Of Vulgar Chinese Websites
January 12, 2009The China Internet Illegal Information Reporting Centre has published a list of the second batch of websites which provide "vulgar" Internet content.
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China's Baidu.com: Drugged And Screaming For Better Management
November 20, 2008By ChinaTechNews.com Editorial Team The uproar this week over Chinese Internet search engine Baidu.com's (BIDU) pharmaceutical paid search listings and advertisements gives further reason to believe that stock analysts should drop the "yst" from their monikers and Baidu's management should be hung out to dry.
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KongZhong Releases Q3 2008 Financial Results
November 18, 2008Chinese 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.
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New COO Joins KongZhong
November 17, 2008Chinese wireless value-added services firm KongZhong (KONG) announced the appointment late last week of Wang Xin as its chief operating officer.
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KongZhong Names New Board Member
October 21, 2008Chinese wireless value-added services firm KongZhong (KONG) says Li Xiaolong has been elected as an independent director and will site on the company's Audit, Compensation and Nomination Committees.
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Wang Leilei To Be CEO Of Struggling Chinese Mobile Firm
September 29, 2008Wang 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.
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Chen Xiaoxin Joins KongZhong's Board Of Directors
September 18, 2008KongZhong (KONG), one of China's many wireless value-added and wireless media companies, announced that Chen Xiaoxin formally joined the board of directors of KongZhong Corporation as an independent director.
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