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Wireless - Friday, October 27, 2006

We Need To Learn Chinese: MOABC Bought By PacificNet

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PacificNet (Nasdaq: PACT) bought a 20% interest in MOABC.com, a Mobile Internet portal in China that claims 11M registered users. We're not sure how much they paid for that.

MOABC.com is a free WAP portal that has news, mobile gaming and entertainment services, mobile blogs, mobile email, avatar and virtual pets, mobile online dating, mobile instant messaging, virtual communities, and mobile social community.

Read - PacificNet Acquires Interest in Leading Mobile Internet Portal in China

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