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Total Revenues Sink For Hurray!'s Troubled China Mobile Business

Aggregated Source: ChinaTechNews.com
May 23, 2008|

Chinese wireless value-added services company Hurray! (HRAY) unveiled its unaudited financial results for the first quarter ended March 31, 2008 and said its total revenues hit US$13.2 million, representing a decline of 16.7% quarter-over-quarter and 19.5% year-over-year. Chairman and CEO of Hurray! QD Wang issued a statement that read, "We missed our guidance for Q1 [...]

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