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Article: CDC Mobile Rebounds with Organic Growth for Three Consecutive Months Since Reorganization.
- Article from:
- PR Newswire
- Article date:
- November 2, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, Nov. 2 /Xinhua-PRNewswire-FirstCall/ -- CDC Mobile, a leading provider of mobile value-added services (''MVAS'') in China and a business unit of CDC Corporation , today provided an update of its operations after its reorganization this July.
The MVAS business of CDC Mobile achieved organic growth for 3 consecutive months since July. The revenues recorded in October, 2006 grew approximately 20-23% from the revenues recorded in July, 2006 when new regulations on MVAS providers were first implemented in China and CDC Mobile reorganized its businesses. The main reasons for the growth can be attributed to the development of innovative new products, the ...