No doubt China is a big market in terms of smart phone users, I wouldn't question that.
But, I want to know exactly how its technology fits into the value chain, the Chinese market is very competitive, if the company isn't standing in the right position, growth will not be guaranteed. Subscription to news, r u kidding me??
Re that promotion cost, I just don't get it. U can find promotion or advertising cost in two places, a bit confused.
Plus, I don't think smartpay is a B2C product, where did they spend that 2mil for? Bribery? Very likely!
Looks like no one cares about financial, r u gambling here only because it is in China? The MC was well over 100mil yesterday, even higher than MBE which has a constant positive mil$ cashflow and growth. Thanks to many innocent buyers, this stock is trading on top of the roof.
"Online mobile promotion & third party cost", any idea?, page-11
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