Vmbook Online ordering

500com Limited

500.com Limited (WBAI) is a Chinese-based company that operates as a distributor of lottery services and products in China. The company provides services to the China Sports Lottery Administration Center (CSLA) and the Welfare Lottery Center (WLC) through its websites, mobile apps, and offline retail channels.

Here are some key points about 500.com Limited:

1. Stock Information:

* Stock Exchange: NASDAQ

* Stock Symbol: WBAI

* Price: $1.25 (as of March 24, 2023)

1. Financial Information:

* Revenue: $3.57 million (as of Q3 2022)

* Net Income: -$5.92 million (as of Q3 2022)

* Earnings Per Share: -$0.05 (as of Q3 2022)

1. Growth:

* Revenue for Q3 2022 increased by 12.3% compared to Q3 2021.

* However, the company has been experiencing net losses for the past few years.

1. Other Information:

* 500.com Limited has a market capitalization of $9.16 million (as of March 24, 2023).

* The company has been facing regulatory challenges in China, which has impacted its financial performance.

* In addition, 500.com Limited has been expanding its business to other countries, such as Japan and South Korea, to diversify its revenue streams.

Overall, 500.com Limited has been experiencing financial challenges in recent years, but the company is taking steps to diversify its business and improve its financial performance. However, investors should be aware of the regulatory risks associated with the company's operations in China.