May 18, 2012 8:56 AM PDT
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NasdaqGS: KONG Stock Quote
| Last Trade: | 6.73 | Day's Range: | 6.525 - 6.83 | |
| Trade Time: | 4:00pm | 52wk Range: | 4.85 - 8.18 | |
| Change: | -0.16 (-2.32%) | Volume: | 110,365 | |
| Prev Close: | 6.89 | Avg Vol (3m): | 84,153 | |
| Open: | 6.74 | Market Cap: | 282.3M | |
| Bid: | 6.03 x 500 | P/E (ttm): | 17.22 | |
| Ask: | N/A x N/A | EPS (ttm): | 0.40 | |
| 1y Target Est: | N/A | Div & Yield: | 0.00 (N/A) |
NasdaqGS: KONG Overview
KongZhong Corporation (KongZhong) is a provider of digital entertainment services for consumers in the Peoples Republic of China. The Company operates four business units: wireless value-added services (WVAS), wireless Internet services (WIS), mobile games and online games. The Company provides WVAS to mobile phone users. The Company began its online games business in 2010. The Company conducts all of its business in the Peoples Republic of China through its wholly owned subsidiaries in the Peoples Republic of China, KongZhong Information Technologies (Beijing) Co., Ltd, KongZhong China Co., Ltd. and Simlife (Beijing) Science Co., Ltd. In October 2009, the Company acquired 100% of an online Chinese-language Company, Nanjing Net Book Culture Co., Ltd. and its related party (Success Blueprint). On June 22, 2009, the Company acquired a 100% equity interest in Simlife International, Inc. On January 14, 2010, the Company acquired Shanghai Dacheng Network Technology Co., Ltd.
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