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Stock Market & Financial Investment News

News Breaks
January 29, 2014
05:50 EDTCHL, WBAI500.com enters strategic partnership with China Mobile subsidiary
500.com (WBAI) announced that it has signed a strategic partnership agreement with China Mobile E-commerce, a subsidiary of China Mobile Limited (CHL), to expand the reach and ease with which payments can be made for the company's mobile sports lottery products. The agreement will provide easy and convenient payment services to users regardless of device, through China Mobile's vast network. According to the terms of the agreement, 500.com will work in close cooperation with each of China Mobile E-commerce's provincial branches, leveraging their on-the-ground knowledge of local market conditions to localize its mobile sports lottery products. The company will provide lottery purchase and information services to China Mobile users through its internet, mobile apps, WAP and SMS channels. 500.com will maintain full control of the product design, development, operation and promotion.
News For WBAI;CHL From The Last 14 Days
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July 29, 2015
07:15 EDTWBAI500.com: No forecast made till clear instruction given from Finance Ministry
The company will not make earnings forecast until it receives clear instruction on the resumption date of online sports lottery sales from the Ministry of Finance.
07:14 EDTWBAI500.com reports Q2 non-GAAP EPS 14c, one estimate (8c)
Reports Q2 RMB were nil vs. RMB 156.1M last year.

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