SINGAPORE (Yosefardi) – Linktone Ltd, a provider of media and entertainment content and services in key strategic markets in Asia, is repositioning its strategic focus and refining its business vision.
This multi-faceted initiative involves concentrating on high growth businesses in China and elsewhere, and transitioning away from telecommunication value-added services in China.
With regard to this initiative, Hary Tanosoedibjo, Chairman and CEO of Linktone, commented, “Our announcement today reflects the next phase of our business’ evolution resulting from our detailed analysis of our core competencies and review of our extensive product portfolio.”
Outside of China, Linktone remain focused on growing its social commerce and media content businesses. Its online news and entertainment portal in Indonesia, Okezone.com, currently has over two million daily users.
In addition, its subsidiary Innoform has established an e-retail business, Happybuys.com, which focuses on bringing popular entertainment related products to consumers worldwide at local prices and has been experiencing an increase in unique visitors and sales.