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Stock Market & Financial Investment News

News Breaks
June 19, 2014
10:27 EDTMOBISky-mobi becomes Alibaba distributor, says Rosenblatt
Rosenblatt said Sky-mobi has become a key distributor for Alibaba and the firm believes the company's offline distribution channels are gaining traction with China's telcos. Shares of Sky-mobi are up 10% in early trading.
News For MOBI From The Last 14 Days
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November 17, 2014
15:19 EDTMOBISky-mobi announces CFO John Bi tendered resignation
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November 13, 2014
13:56 EDTMOBIChina mobile game sector to grow slower in 2015, says Rosenblatt
Rosenblatt says Tencent reported below consensus numbers, particularly in mobile games, where revenue fell sequentially. The firm expects China's mobile game sector to grow slower in 2015 and remains on the sidelines with regards to shares of Sky-mobi (MOBI), China Mobile Games (CMGE) and iDreamSky (DSKY). Rosenblatt thinks Qihoo's(QIHU) mobile game distribution business will also be hurt by the slowing growth.

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