KongZhong Corporation (NASDAQ: KZ) , listed on Nasdaq in 2004, is a leading online game developer and operator in China. KongZhong operates three main business units, namely Internet Games, Mobile Games and WVAS. Under Internet Games, KongZhong operates the largest Chinese military gaming platform under the "WAR SAGA" brand, which incl...
BEIJING, Aug. 29, 2016 /PRNewswire/ -- KongZhong Corporation (NASDAQ: KZ), a leading online game publisher and developer in the PRC, today announced its unaudited financial results for the second quarter of 2016.
Second Quarter 2016 Financial Highlights
Total revenues for the second quarter of 2016 were US$ 46.35 mn, a 9.90% decrease from the first quarter of 2016 and a 2.52% decrease from the same period last year.
Total gross profit was US$ 22.67 mn, a 2.60% increase from the first q...
BEIJING, Aug. 25, 2016 /PRNewswire/ -- KongZhong Corporation (NASDAQ: KZ), a leading online games publisher and developer in the PRC, today announced that its board of directors (the "Board") has received a revised non-binding proposal letter, dated August 25, 2016, from Mr. Leilei Wang, chairman and chief executive officer of the Company, and IDG-Accel China Growth Fund II L.P., who, together with certain other parties, formed a buyer group (the "Buyer Group") to acquire all of the outstanding...
BEIJING, Aug. 18, 2016 /PRNewswire/ -- 2016 KongZhong Corporation (NASDAQ: KZ), a leading online game publisher and developer in the PRC, announced that it will release its unaudited financial results for the second quarter ended June 30th 2016, after the close of the U.S. market on Monday, August 29th, 2016.
The Company will host a corresponding conference call and live webcast to discuss the results at 7:30PM Eastern Standard Time(EST) on Monday, August 29th, 2016 (7:30AM Beijing/Hong Kong ...
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