KongZhong Corporation



Quote for KongZhong Corporation

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Symbol:
KONG
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NASDAQ
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Update:-
Quote Delayed 15 Min.
Currency in USD Time=EDTKONG quote

Summary for KongZhong Corporation

KongZhong Corporation (KongZhong) is a provider of digital entertainment services for consumers in the People's Republic of China. The Company operates in three segments: wireless value-added services (WVAS), mobile games and wireless Internet services (WIS). The Company is the provider of WVAS to mobile phone users. It provides WVAS on the networks of China Unicom, China Telecom, China Netcom and the other telecommunications operators in the People's Republic of China. KongZhong completed the liquidation of Anjian Xingye Technology (Beijing) Co., Ltd. (Anjian Xingye), its wholly foreign owned enterprise in the People's Republic of China, in May 2010. On February 23, 2010, Beijing WINT, a wholly owned subsidiary of the Company acquired 100% equity interest of Shenzhen Zhidaxuntong Technology Co., Ltd (Shenzhen Zhida), a technology developer for mobile device software platform. On January 14, 2010, the Company acquired Shanghai Dacheng Network Technology Co., Ltd. (Dacheng).