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Slide #35. ChinaNet Online Holdings, Inc. — Sou Yi Lian Mei Network Technology (Beijing) Co.
ChinaNet Online Holdings, Inc. (NASDAQ:CNET)
Sou Yi Lian Mei Network Technology (Beijing) Co.
ChinaNet Online Holdings, Inc. announced that it will purchase the remaining 49% of the equity interest in Sou Yi Lian Mei Network Technology (Beijing) Co. Ltd. ("SouYi") for approximately $6.5 million in cash.
ZW Data Action Technologies is a holding company. Through its subsidiaries and operating entities, Co. operates one-stop services for its clients on its Omni-channel advertising, marketing and data analysis management system. Co. provides various advertising channels and marketing services through this system, which include distribution of the right to use search engine marketing services it purchased from key search engines, provision of online advertising placements on its web portals, sales of lead information as well as sell provision of TV advertising service. Co.'s 28.com and liansuo.com are two of the Internet portals for information relating to small business opportunities in China.
Open the CNET Page at The Online Investor »
Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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