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Blue Chip Growth

Stock Report: Sky-mobi Ltd. Sponsored ADR (MOBI) Report Updated: Oct 24, 2016 | Print This Page

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Sky-mobi Ltd. Sponsored ADR (MOBI)

Rating: Sell Volatility: Conservative
Total Grade: D Industry: Software

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: D down upgrade
Last Week: F same no change
Two Weeks Ago: F up downgrade
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Sky-mobi Ltd. Sponsored ADR© quotemedia

Company Profile

Sky-mobi Limited, through its subsidiaries, operates a mobile application platform embedded on mobile phones to provide mobile application store and services in the People’s Republic of China. The company’s Maopao mobile application store enables users to browse and download various applications and content, such as games, music, and books. It also operates the Maopao Game Center, a game store that enables user to browse, search, and download mobile games; and Maopao Community, a platform application that creates virtual profiles, befriend others who share similar ideas, interests, or activities and view the profiles or track the status of their friends through blogs, pictures, instant messages, and other social networking functions, as well as Maopao Browser, which allows mobile users to locate information available online. As of December 31, 2014, the company had approximately 291.6 million cumulative smartphone users and 1.3 billion cumulative feature phone users; and cooperation agreements with approximately 940 feature phone handset and 970 smartphone companies. Sky-mobi Limited has collaborative relationships with handset companies to embed its platform products for various types of mobile baseband, chipsets, and reference designs. The company was formerly known as Profit Star Limited and changed its name to Sky-mobi Limited in October 2010. Sky-mobi Limited was founded in 2005 and is headquartered in Hangzhou, China.