English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping
English websites of Chinese embassies

Home >> Business
UPDATED: 08:22, February 14, 2007
Chinese mobile phone portal seeks listing on Nasdaq
font size    

The, China's leading mobile phone Internet portal, is preparing to go public on the Nasdaq Stock Market in the United States.

A source with the company, surnamed Luo, confirmed on Tuesday that 139shop has received more than 40 million U.S. dollars in investment from four U.S.-based venture capital companies for the planned listing. Luo refused to give the names of the four investors.

Established in 2000, 139shop, is the largest mobile phone Internet portal in Asia, and is engaged in B2B (business-to-business) and B2C (business-to-consumer) services.

It has more than 100 million registered subscribers and its monthly B2C sales exceed 50,000 mobile phones.

Sources with 139shop said that the company plans to branch out into selling other digital products, air tickets and flowers online.

Source: Xinhua

Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this

- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News

Manufacturers, Exporters, Wholesalers - Global trade starts here.
Copyright by People's Daily Online, all rights reserved