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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.
ChinaNet Online Holdings is a holding company that conducts its businesses through its People's Republic of China subsidiaries and operating entities. Co. operates a one-stop services for its clients on its integrated service platform, mainly including Omni-channel advertising and marketing system, CloundX and data analysis management system. Co.'s Omni-channel advertising and marketing system, consists of digital advertising and marketing portals, include internet and mobile, and its other non-digital advertising units. Co. also provides search engine marketing services through this system. Co.'s products and services include Internet Advertising and Marketing, and Television Advertising.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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