MNC Media Investment Ltd (LTONY)

MNC Media Investment Ltd provides engaging content services to traditional and new media consumers, and enterprises in the People’s Republic of China, Indonesia, Hong Kong, Singapore, and Taiwan. It operates through two segments, China VAS and Online Platforms, and Investment. The company focuses on media, entertainment, communication, and edutainment/lifestyle products. It operates online parenting and family-oriented entertainment portal; offers mobile and PC games; and provides telecommunication value-added services (VAS), including live streaming, music downloads, sports and infotainment services, location-based services, m-commerce, and mobile advertising, as well as phone back-up and security services. The company also trades in quoted securities; and offers internet and VAS consulting, software development, and enterprise management consulting services, as well as internet services, including ticket and travel booking. It sells its products through distribution networks, integrated service platforms, and multiple marketing sales channels, as well as through the networks of mobile operators. The company was formerly known as Linktone Ltd. and changed its name to MNC Media Investment Ltd in June 2014. The company was founded in 1999 and is based in Grand Cayman, the Cayman Islands. MNC Media Investment Ltd is a subsidiary of Global Mediacom International Ltd.