Board of Directors in the "Golden Combination" Accomplish the Platform Value of 3G.CN

    BEIJING, July 8 /PRNewswire-Asia/ --

    -- "from portal to platform" strategy is declared, Mr. Tian Suning, "the
       first person in China's information industry", is announced on the
       board of directors
    -- The "golden combination" including Tian Suning, Xiong Xiaoge, Yang Fei,
       Zhang Ying etc., creates strong support for the Platform Strategy
    -- 3G.CN commitments to make Mobile Internet a mission of national
       industry

On June 6, 2010, 3G.CN, the pioneer of the Mobile Internet mode, held a strategy conference "from portal to platform", announcing its media platform, application platform and business platform for the "platform" strategy. Meanwhile, Mr. Tian Suning, "the first person in China's information industry", chairman of China Broadband Capital, was announced on the board of directors officially.

IDG founder, global chairman Mr. Patrick McGovern attended the press conference with Mrs. Lore Harp McGovern.

3G.CN has finished the third round of financing by China Broadband Capital, IDGVC, JAFCO Asia and WI Harper Group, amounting to tens of millions of dollars -- for the Mobile Internet -- the largest single round of financing so far.

Mr. Tian Suning has a deep background in the telecom industry and was former CEO of China Network Communications Group and the founder and CEO of China Netcom. Xiong Xiaoge, Yang Fei and Zhang Ying have rich experience in venture capital in the information industry. All of the above convert into the "golden combination", which creates strong support for the Platform Strategy.

Mr. Tian Suning said Internet Technology has played a great role in promoting economic development, and the IT field should have this responsibility, but also has the ability to lead a new round of economic development in China's ideological emancipation. The Mobile Internet is a special opportunity for China, and it is the hope of the industry to catch up with European countries, the United States and other developed countries. 3G.CN is committed to making the Mobile Internet a mission of national industry.

Mr. Xiong Xiaoge, "the first person of China venture capital", and IDG Capital's founding partner, looks upon the Mobile Internet with great interest. China has 740 million mobile phone users and 230 million Mobile Internet users. Since 3G has been licensed, developments and changes from users and the market have had positive impacts on the industry. Based on recognition of this, IDG has been actively involved in three rounds of financing 3G. From Mobile Internet Portal, "evolved to" Mobile Internet "platform", the value is becoming increasingly clear.

3G.CN CEO Mr. Deng Yuqiang said, mobile phones are becoming the first access terminal of the internet, and the trend of this being the core terminal is increasingly apparent. Based on the users and mobile experience, becoming the platform for the Mobile Internet is 3G.CN's own position.

3G.CN has received the "Dissemination of audio-visual programs information network license" by the government, and is also the first company recognized by the government in the Mobile Internet field.

Since the start of formal operations on March 16, 2004, 3G.CN's cumulative registered users have reached 140 million, day active users more than 20 million, and day PV over 1.1 billion, becoming the biggest portal website both in user number and website flow of the Mobile Internet field. 3G.CN is also a full line of mobile application developers, owns 14 series of mobile phone software including GO browser, GGBook, GGLive, and its YY search ranks as the third largest mobile search engine in China's Mobile Internet. The previous two rounds of financing finished in 2005 and 2006, amounting to over 10 million dollars.

SOURCE 3G.CN

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