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Kongzhong Corp (KONG) is a Chinese company that provides digital entertainment services, with a focus on mobile games and personalized mobile internet services. The company was founded in 1999 and is based in Beijing, China.

As of February 8, 2021, the stock price of Kongzhong Corp is around $2.43, with a market capitalization of around $64 million. The company's stock has been listed on the NASDAQ stock exchange since 2004.

In terms of financial performance, Kongzhong Corp has reported mixed results in recent years. The company's revenue for the third quarter of 2020 was $25.1 million, representing a decrease of 16.2% from the same period in 2019. However, the company's net loss for the quarter was $2.0 million, which is an improvement compared to the net loss of $6.1 million in the same period of 2019.

In terms of growth, Kongzhong Corp has been facing challenges in recent years due to increased competition in the Chinese mobile gaming market. The company has been focusing on expanding its business outside of China, but this has also brought new challenges.

It is worth noting that Kongzhong Corp has been undertaking a series of strategic initiatives to improve its financial performance and competitiveness. These initiatives include expanding its game development capabilities, investing in emerging technologies, and enhancing its user engagement and monetization.

In conclusion, while Kongzhong Corp has faced some challenges in recent years, the company is taking steps to improve its financial performance and competitiveness in the mobile gaming market. Investors interested in Kongzhong Corp should carefully consider the company's financial performance, growth prospects, and competitive position in the industry.