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, Dec. 15, 2016 /PRNewswire/ -- KongZhong Corporation (NASDAQ: KZ), a leading provider of digital entertainment services for consumers in the PRC, today announced the results of its 2016 Annual General Meeting which was held on December 15, 2016 in Beijing, China. Its shareholders have adopted several resolutions.
The shareholders of KZ voted to: (1) Re-elect Leilei Wang as a Director for an additional three-year term; (2) Re-elect Xiaoxin Chen as an Independent Director for an additio...
BEIJING, Dec. 5, 2016 /PRNewswire/ -- KongZhong Corporation (NASDAQ: KZ), a leading online game publisher and developer in the PRC, today announced its unaudited financial results for the third quarter of 2016.
Third Quarter 2016 Financial Highlights
Total revenues for the third quarter of 2016 were US$40.97 mn, an 11.61% decrease from the second quarter of 2016 but a 6.19% increase from the same period last year.
Total gross profit was US$18.97 mn, a 16.32% decrease from the second qu...
BEIJING, Dec. 1, 2016 /PRNewswire/ -- KongZhong Corporation (NASDAQ: KZ) ("KongZhong" or the "Company"), a leading online game developer and operator in the People's Republic of China ("PRC"), today announced that it has entered into a definitive agreement and plan of merger (the "Merger Agreement") with Linkedsee Limited ("Parent") and Wiseman International Limited ("Merger Sub"), a wholly owned subsidiary of Parent, pursuant to which the Company will be acquired by an investor consortium in an...
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