ZW Data Action Technologies Reports Second Quarter and First Half 2023 Unaudited Financial Results
- BEIJING, Aug. 21, 2023 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc. (Nasdaq: CNET) (the "Company"), an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced its unaudited financial results for the three and six months ended June 30, 2023.
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Google I/O 2022 Reveal Event: CNET Watch Party
- Come by on Wednesday, May 11, at 9:30 a.m. PT (12:30 p.m.
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ZW Data Action Technologies Reports Second Quarter and First Half 2021 Unaudited Financial Results
- BEIJING, Aug. 17, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc. (Nasdaq: CNET) (the "Company"), an integrated online advertising, precision marketing, data analytics and other value-added blockchain services provider serving enterprise clients, today announced its unaudited financial results for the three months and six months ended June 30, 2021.
- 08/17/2021
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7 Top Penny Stocks to Watch That You Probably Haven't Heard Of
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- 07/11/2021
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ZW Data Action Technologies Partner with VCan Fintech for Cross-Border E-Commerce Solutions
- BEIJING, July 07, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced that it has signed a strategic cooperation agreement with VCan Fintech, a Hong Kong-based financial technology company for global payment solutions (“VCan”).
- 07/07/2021
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The Top 7 Tech Penny Stocks to Add to Your Watch List
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- 06/15/2021
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Best Penny Stocks to Buy Ahead Of Inflation? 3 To Watch Right Now
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- 06/14/2021
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CNET Stock Price: Over 7% Increase Pre-Market Explanation
- The stock price of ZW Data Action Technologies, Inc. (Nasdaq: CNET) increased by over 7% pre-market. This is why it happened.
- 05/26/2021
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ZW Data Action Technologies Authorized as an Advertising Service Provider for KOLs and Ecommerce for Tencent
- BEIJING, May 26, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated Internet advertising, precision marketing, data analytics and enhanced value-added blockchain services provider serving enterprise clients, today announced that its wholly-owned subsidiary ChinaNet Online (Guangdong) Technology Co., Ltd. was authorized as an advertising service provider for KOLs and Ecommerce in 2021 by Tencent Holdings Ltd, a leading provider of Internet value added services in China (SEHK: 00700) (“Tencent”). Tencent serves over 1.2 billion users for their digital needs, and as such, its effective advertising platform helps brands and marketers reach out to hundreds of millions of consumers in China.
- 05/26/2021
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Tech Penny Stocks Are Heating Up, Take a Look at These 4
- Looking for tech penny stocks to buy? Check these out for some watchlist inspiration The post Tech Penny Stocks Are Heating Up, Take a Look at These 4 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 05/20/2021
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ZW Data Action Technologies Reports First Quarter 2021 Unaudited Financial Results, highlighted by 91.5% increase in revenue to $8.40 million
- BEIJING, May 20, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc. (Nasdaq: CNET) (the "Company"), an integrated Internet advertising, precision marketing, data analytics and other value-added blockchain services provider serving enterprise clients, today announced its unaudited financial results for the three months ended March 31, 2021.
- 05/20/2021
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4 Penny Stocks To Watch As Dogecoin, Bitcoin & Cryptocurrency Surge
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- 05/14/2021
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Penny Stocks to Buy; The Most Popular Industries Right Now
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- 04/30/2021
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Blockchain Penny Stocks Continue to Attract Attention; Here's 3 to Watch
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- 04/25/2021
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ZW Data Action Technologies Reports Full Year 2020 Financial Results
- BEIJING, China, April 13, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc. (Nasdaq: CNET) (the "Company"), an integrated Internet advertising, precision marketing, data analytics and other value-added blockchain services provider serving enterprise clients, today announced its audited financial results for the year ended December 31, 2020.
- 04/13/2021
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Today's Biggest Pre-Market Movers: 10 Top Gainers and Losers on Thursday Morning
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- 03/25/2021
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ZW Data Action Technologies Inc. Announces the Closing of $18.7 Million Registered Direct Offering
- BEIJING, Feb. 19, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc. (NASDAQ:CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing and data analytics and other value-added services company, today announced the closing on February 18, 2021 of its previously announced registered direct offering of 5,212,000 shares of common stock at a per share price of $3.59 and the concurrent private placement to the same investors of warrants to purchase up to 2,606,000 shares of common stock at an exercise price of $3.59 per share. The warrants have a term of three and one-half years and were issued pursuant to an exemption from registration under the Securities Act of 1933, as amended.
- 02/19/2021
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CNET Stock Price Increases Over 30% Pre-Market: Why It Happened
- The stock price of ZW Data Action Technologies Inc (NASDAQ: CNET) is trading at over 30% pre-market as of 6:07 AM ET today. This is why it happened.
- 02/17/2021
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CORRECTION - ZW Data Action Technologies Inc. Announces Pricing of $18.7 Million Registered Direct Offering Priced at the Market under Nasdaq Rules
- BEIJING, Feb. 16, 2021 (GLOBE NEWSWIRE) -- This press release corrects a prior version that was issued by ZW Data Action Technologies Inc. on February 16, 2021 to correct an error regarding the timing for exercise of certain warrants. The corrected release follows:
- 02/16/2021
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ZW Data Action Technologies Inc. Announces Pricing of $18.7 Million Registered Direct Offering Priced at the Market under Nasdaq Rules
- BEIJING, Feb. 16, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc.(NASDAQ:CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing and data analytics and other value-added services company, today announced that it has entered into a securities purchase agreement with several institutional investors for a registered direct placement of approximately $18.7 million of shares of common stock of the Company at a price of $3.59 per share. The price was set at market price in accordance with the rules of Nasdaq. The Company will issue a total of 5,212,000 shares of common stock to the institutional investors. The Company also completed a concurrent private placement of warrants to purchase shares of common stock to the same institutional investors. Warrants to purchase up to 2,606,000 shares of common stock at an exercise price of $3.59 per share, which warrants will have a term of three and one-half years and not be exercisable for the first six months from the date of issuance.
- 02/16/2021
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ZW Data Action Technologies Entered into Strategic Cooperation Agreement with China Digital Culture for the Introduction of DeFi into the Fasting Growing Esports and Game Data Operation
- BEIJING, Feb. 08, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced that it entered into a strategic sales and cooperation agreement (the “Agreement”) with China Digital Culture (Group) Limited, a Hong Kong-based investment holding company principally engaged in the culture and entertainment related businesses (HK:08175) (“Digital Culture”). Pursuant to the Agreement, through the Company's Blockchain Infrastructure Framework (“BIF”) platform and by utilizing upgraded decentralized financial technology, the two parties will jointly operate IP data for e-sports and games. The Company expects to expand the Company's existing business of Key Opinion Leader (“KOL”) and digital advertising through blockchain service into e-sports and gaming business, one of the fastest growing sectors in China.
- 02/08/2021
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ZW Data Action Technologies Announces Strategic Partnership with WePay
- BEIJING, Jan. 28, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced that it entered into a strategic cooperation agreement with Shenzhen WePay Technology Co., Ltd. (“WePay”), pursuant to which the parties will establish a joint venture to cultivate transportation and travel consumption data analysis field.
- 01/28/2021
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ZW Data Action Technologies Invests in SaaS Software Operator Weiyouxin Technology
- BEIJING, Jan. 21, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced investment in private domain SaaS software operation service provider Weiyouxin Technology (“Weiyouxin”). More information can be found on the website: http://www.gd-weiyouxin.com/.
- 01/21/2021
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ZW Data Action Technologies Selected as Key Agent for 360 Security Technology Inc.
- BEIJING, Jan. 14, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced that it was selected as a key agent for merchant advertising in 2021 by 360 Security Technology Inc., the largest Chinese internet security company (Shanghai: 601360) (“360 Company”).
- 01/14/2021
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CNET Stock Price Increased Over 100%: Why It Happened
- The stock price of ZW Data Action Technologies Inc (NASDAQ: CNET) is trading at over 100%. This is why it happened.
- 01/08/2021
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ZW Data Action Technologies Entering into Partnership to Redefine and Increase the Traffic Value of the Enterprise WeChat for Better ROI
- BEIJING, Dec. 18, 2020 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced that it has entered into partnership with Sanyi Internet Information Technology Inc. (“Sanyi Internet”) to consolidate and redefine the traffic value of WeChat business account for better return of investment (ROI) on streaming ecommerce. Sanyi Internet is a strategic operator of Internet users in WeChat ecologic private business domain. Partnering with Sanyi Internet, the omnichannel ecommerce platform www.chuangye.com (“Chuangye”) officially launched by ZW Data is expected to facilitate diversion private domain traffic from Enterprise WeChat business accounts, and enabling enterprise users increase the monetization of the areas of customer acquisition, service methods, and business communication.
- 12/18/2020
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ZW Data Action Technologies Inc. Announces the Closing of $7.0 Million Registered Direct Offering
- BEIJING, Dec. 14, 2020 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc.(NASDAQ:CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing and data analytics and other value-added services company, today announced the closing on December 14, 2020 of its previously announced registered direct offering of 4,320,989 shares of common stock and warrants to purchase up to 1,728,396 shares of common stock, at a purchase price of $1.62 per share and corresponding warrant. The warrants have a term of three years and are not be exercisable for the first six months from the date of issuance. The warrants have an exercise price of $2.03.
- 12/14/2020
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ZW Data Action Technologies Inc. Announces Pricing of $7.0 Million Registered Direct Offering of Common Stock and Warrants
- BEIJING, Dec. 10, 2020 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc.(NASDAQ:CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing and data analytics and other value-added services company, today announced that it has entered into a securities purchase agreement with three institutional investors for a registered direct placement of approximately $7.0 million of shares of common stock of the Company at a price of $1.62 per share. The Company will issue a total of 4,320,988 shares of common stock to the institutional investors. As part of the transaction, the Company will also issue to the investors warrants to purchase up to 1,728,395 shares of common stock at an exercise price of $2.03 per share, which warrants will have a term of three years and not be exercisable for the first six months from the date of issuance.
- 12/10/2020
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ZW Data Action Technologies News: Why CNET Stock Is Rocketing on Wednesday
- ZW Data Action Technologies (CNET) news for Wednesday concerning the launch of a new live streaming platform has CNET stock on the rise. The post ZW Data Action Technologies News: Why CNET Stock Is Rocketing on Wednesday appeared first on InvestorPlace.
- 12/09/2020
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ZW Data Action Technologies Officially Opens Its First Live Streaming Platform
- BEIJING, Dec. 09, 2020 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced the official opening of its first live streaming platform (the “Platform”) in Guangzhou, China.
- 12/09/2020
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ZW Data Action Technologies Completes Its Blockchain Infrastructure Platform
- BEIJING, Dec. 01, 2020 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics and other value-added services company serving enterprise clients, today announced the completion of its Blockchain Integrated Framework for Retail Business, or BIF.
- 12/01/2020
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ZW Data Action Technologies Reports Third Quarter and First Nine Months 2020 Unaudited Financial Results
- BEIJING, Nov. 13, 2020 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc. (Nasdaq: CNET) (the "Company"), an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced its unaudited financial results for the three and nine months ended September 30, 2020.
- 11/13/2020
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ChinaNet Online Holdings Reports Second Quarter and First Half 2020 Unaudited Financial Results
- BEIJING, Aug. 14, 2020 (GLOBE NEWSWIRE) -- ChinaNet Online Holdings, Inc. (Nasdaq: CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced its unaudited financial results for the second quarter and six months ended June 30, 2020. Second Quarter of 2020 Financial Highlights For the Three Months Ended June 30, ($ millions, except per share data)2020 2019 % Change Revenues$10.42 $15.45 -32.6% Gross profit$0.30 $0.37 -18.6% Gross margin2.9% 2.4% 0.5 pp* Loss from operations($1.02) ($1.22) 16.5% Operating loss margin-9.8% -7.9% -1.9 pp Net loss attributable to CNET($0.97) ($0.38) 155.4% Loss per share($0.04) ($0.02) 100.0% *pp: percent points * Revenues decreased by 32.6% to $10.42 million for the second quarter of 2020, primarily due to a decrease in revenues from Internet advertising and distribution of the right to use search engine marketing service business categories, as a result of the COVID-19 outbreak during the first quarter of 2020 and slow recovery in the second quarter of 2020. * Gross profit decreased by 18.6% to $0.30 million while gross margin improved by 0.5 percentage points to 2.9% for the second quarter of 2020. * Loss from operations improved by 16.5% to $1.02 million for the second quarter of 2020, primarily attributable to a decrease in operating expenses, which was partially offset by the decrease in gross profit during the second quarter of 2020. * Net loss attributable to CNET was $0.97 million, or $0.04 per share, for the second quarter of 2020, compared to net loss of $0.38 million, or $0.02 per share, for the same period of last year.Mr. Handong Cheng, Chairman and Chief Executive Officer of ChinaNet, commented, “Our second quarter results highlight continuing impact of the COVID-19 pandemic, despite significant sequential uptick from the first quarter. With growth and profitability remaining elusive, our second quarter results underscore the need for improvement in our existing business model and the need for new strategic initiatives going forward. While we remain fully committed to the blockchain technology initiative and view it as a potential game-changer for us, we are also actively exploring other strategic alternatives to turn around our business.”First Half of 2020 Financial Highlights For the Six Months Ended June 30, ($ millions, except per share data)2020 2019 % Change Revenues$14.80 $24.02 -38.4% Gross profit$1.20 $0.81 48.1% Gross margin8.1% 3.4% 4.7 pp* Loss from operations($3.30) ($1.96) 68.2% Operating loss margin-22.3% -8.2% -14.1 pp Net loss attributable to CNET($3.28) ($1.52) 116.1% Loss per share($0.16) ($0.09) 77.8% *pp: percent points * Revenues decreased by 38.4% to $14.80 million for the first half of 2020, primarily due to the decrease in revenues from our Internet advertising and distribution of the right to use search engine marketing service business categories, as a result of the COVID-19 outbreak during the first quarter of 2020 and slow recovery in the second quarter of 2020. * Gross profit increased by 48.1% to $1.20 million while gross margin improved by 4.7 percentage points to 8.1% for the first half of 2020. * Loss from operations increased by 68.2%, to $3.30 million for the first half of 2020, primarily attributable to an increase in operating expenses. * Net loss attributable to CNET was $3.28 million, or $0.16 per share, for the first half of 2020, compared to net loss of $1.52 million, or $0.09 per share, for the same period of last year. Second Quarter 2020 Financial ResultsRevenues For the Three Months Ended June 30, 2020 2019 % Change \- Internet advertising and related data service2,302 3,598 -36.0% \- Distribution of the right to use search engine marketing service7,310 11,855 -38.3% \- Data and technical services300 0 NM Internet advertising and related services9,912 15,453 -35.9% Ecommerce O2O advertisement and marketing services504 0 NM Technical solution services0 0 NM Total revenues10,416 15,453 -32.6% For the second quarter of 2020, revenues decreased by $5.04 million, or 32.6%, to $10.42 million from $15.45 million for the same period of last year. The decrease in revenues was primarily attributable to the decrease in revenues from the Internet advertising and distribution of the right to use search engine marketing service business categories, as a result of slow business recovery after the COVID-19 outbreak during the first fiscal quarter of 2020. Cost of revenues For the Three Months Ended June 30, 2020 2019 % Change \- Internet advertising and related data service2,072 3,484 -40.5% \- Distribution of the right to use search engine marketing service7,405 11,598 -36.2% \- Data and technical services266 5 NM Internet advertising and related services9,743 15,087 -35.4% Ecommerce O2O advertisement and marketing services375 0 NM Technical solution services0 0 NM Total cost of revenues10,118 15,087 -32.9% For the second quarter of 2020, our total cost of revenues decreased by $4.97 million, or 32.9%, to $10.12 million for the second quarter of 2020 from $15.09 million for the same period of last year. The decrease in our total cost of revenues during the second quarter of 2020 was primary attributable to the decrease in costs associated with distribution of the right to use search engine marketing service and cost related to providing Internet advertising services on our ad portals, which was in line with the decrease in the related revenues as discussed above. Gross profit and gross marginTotal gross profit decreased by $0.07 million, or 18.6%, to $0.30 million for the second quarter of 2020 from $0.37 million for the same period of last year, which was primarily due to gross loss incurred from our core revenue stream, the distribution of the right to use search engine marketing service, as a result of tightened ad investment budgets by our client under the COVID-19 pandemic circumstance, which was partially offset by the increase in gross profit generated from Internet advertising business and our new Ecommerce O2O advertising and marketing services.Overall gross margin was 2.9% for second quarter of 2020, compared to 2.4% for the second quarter of 2019, primarily due to improvement in gross margin of our Internet advertising business and new revenues generated form Ecommerce O2O advertising and marketing services during the period, which have a relatively higher gross margin than our core businesses.Operating expensesSales and marketing expenses decreased by $0.11 million, or 61.3%, to $0.07 million for the second quarter of 2020 from $0.18 million for the same period of last year. The decrease in sales and marketing expenses was mainly attributable to decreased performance-based salary and bonus expenses. As a percentage of total revenues, sales and marketing expenses were 0.7% for the second quarter of 2020, compared to 1.2% for the same period of last year. General and administrative expenses decreased by $0.12 million, or 9.3%, to $1.13 million for the second quarter of 2020 from $1.25 million for the same period of last year. The decrease in general and administrative expenses was mainly attributable to the following reasons: (1) the increase in allowance for doubtful accounts of $0.07 million; (2) the decrease in share-based compensation expenses of $0.03 million; and (3) the decrease in general departmental expenses of $0.16 million, due to a cost reduction plan executed by management after the COVID-19 outbreak. General and administrative expenses accounted for 10.9% of the total revenues for the second quarter of 2020 compared to 8.1% for the same period of last year.Research and development expenses decreased by $0.04 million, or 27.0%, to $0.12 million for the second quarter of 2020 from $0.16 million for the same period of last year. Research and development expenses accounted for 1.1% of total revenues for the second quarter of 2020, compared to 1.0% for the same period of last year.Operating lossLoss from operations decreased by $0.20 million, or 16.5%, to $1.02 million for the second quarter of 2020 from $1.22 million for the same period of last year. Operating loss margin was 9.8% for the second quarter of 2020, compared to 7.9% for the same period of last year.Other income (expense), netTotal other income decreased to $0.04 million for the second quarter of 2020, compared to $0.81 million for the same period of last year, which was primarily due to a decrease in gain from change in fair value of warrant liabilities. Net loss attributable to CNET and loss per shareNet loss attributable to CNET was $0.97 million, or net loss per share of $0.04, for the second quarter of 2020, compared to $0.38 million, or net loss per share of $0.02, for the same period of last year.First Half 2020 Financial ResultsRevenues For the Six Months Ended June 30, 2020 2019 % Change \- Internet advertising and related data service3,250 5,435 -40.2% \- Distribution of the right to use search engine marketing service9,298 18,580 -50.0% \- Data and technical services600 5 NM Internet advertising and related services13,148 24,020 -45.3% Ecommerce O2O advertisement and marketing services1,007 0 NM Technical solution services645 0 NM Total revenues14,800 24,020 -38.4% For the first half year of 2020, revenues decreased by $9.22 million, or 38.4%, to $14.80 million from $24.02 million for the same period of last year. The decrease in revenues was primarily attributable to the decrease in revenues from our Internet advertising and distribution of the right to use search engine marketing service business categories, as a result of the COVID-19 outbreak during the first quarter and slow recovery in the second quarter of 2020.
- 08/14/2020
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ChinaNet Online Holdings Announces the Appointment of New COO
- BEIJING, China, Aug. 07, 2020 (GLOBE NEWSWIRE) -- ChinaNet Online Holdings, Inc. (Nasdaq: CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, data analytics and other value-added services company serving enterprise clients, today announced the appointment of Mr. Charles Chiu to the position of the Company’s Chief Operating Officer and Mr. Mark Li, the current Chief Financial Officer of the Company, to serve as Secretary of the Company, effective immediately. Mr. George Chu has resigned from the role of Chief Operating Officer and Secretary of the Company due to personal reasons. Mr. Chu continues to serve as a director of the Board of Directors of the Company. Mr. Charles Chiu, has served as the Corporate Finance Partner of Whale Capital in Hong Kong since March 2019. Since October 2016, Mr. Chiu has acted as Co-founder and General Manager of Minghing Financial Group in Hong Kong. From April 2012 to September 2016, Mr. Chiu served as Chief Financial Officer and Treasurer in Wealth Leading Limited in Hong Kong. From August 2009 to April 2012, Mr. Chiu served as Assistant Vice President in Dah Sing Bank in Hong Kong. Mr. Chiu has a bachelor’s degree in business administration from The Chinese University of Hong Kong, and is attending a Dual Executive Master of Business Administration program jointly organized by INSEAD Business School and Tsinghua University. Mr. Chiu is also a Chartered Financial Analyst, Energy Risk Professional, Certified Management Accountant (Australia), Member of Institute of Public Accountants (Australia) and Member of Institute of Financial Accountant (United Kingdom).“On behalf of the Board of Directors and management team, I would like to thank George Chu for his service and time spent at ChinaNet as an officer. We are all very appreciative of his contributions to the Company as an officer and continued contributions to the Company as a director. We are also very pleased to welcome Charles to the Company. Charles brings to ChinaNet a wealth of operational and management expertise, as well as over 10 years of experience in commodities trading, corporate finance and blockchain investment in China, Hong Kong and Singapore. He is an entrepreneur who has extensive experience in banking, M&A and corporate finance, focusing on change management and business development in the financial and technology industry. Charles will be an important addition to the ChinaNet team and we are confidently that he will help us to expand the business scope of our blockchain service onto more industries with more customers. I am confident that he will use his talents to help us execute and achieve our strategic goals,” said Mr. Handong Cheng, Chairman, President, and Chief Executive Officer of ChinaNet.About ChinaNet Online Holdings, Inc.Established in 2003 and headquartered in Beijing, China, ChinaNet Online Holdings, Inc. (“ChinaNet” or the “Company”) offers online advertising, precision marketing, data analytics and other value-added services for enterprise clients. Leveraging its fully integrated services platform, proprietary database, and cutting-edge algorithms, ChinaNet delivers customized, result-driven business solutions for small and medium-sized enterprise clients in China. The Company also develops blockchain and artificial intelligence enabled web/mobile applications and software solutions for general public, enterprise clients, and government agencies. More information about the Company can be found at: www.chinanet-online.com.Safe Harbor StatementThis release contains certain "forward-looking statements" relating to the business of ChinaNet Online Holdings, Inc., which can be identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "estimates" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including business uncertainties relating to government regulation of our industry, market demand, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on ChinaNet's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting ChinaNet will be those anticipated by ChinaNet. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. ChinaNet undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.Investor Relations ContactTony Tian, CFA Tel: +1-732-910-9692 Email: ttian@weitianco.com
- 08/07/2020
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Chinanet Online (NASDAQ:CNET) Share Price Crosses Above 200-Day Moving Average of $1.02
- Chinanet Online Holdings Inc (NASDAQ:CNET) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.02 and traded as high as $1.06. Chinanet Online shares last traded at $1.04, with a volume of 111,239 shares trading hands. The business’s fifty day moving average price is $0.99 […]
- 07/03/2020
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ChinaNet Online Holdings Reports First Quarter 2020 Unaudited Financial Results
- BEIJING, China, June 29, 2020 -- ChinaNet Online Holdings, Inc. (Nasdaq: CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, and.
- 06/29/2020
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ChinaNet Online Holdings Regains Compliance with NASDAQ Minimum Bid Price Requirement
- BEIJING, June 25, 2020 -- ChinaNet Online Holdings, Inc. (Nasdaq: CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, and data-analysis.
- 06/25/2020
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EIF European Investment Fund : EIB Group and BAPR provide new financing for SMEs in Sicily
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ChinaNet Online Holdings Q1 EPS $0.04 Up From $(0.07) YoY, Sales $18.55M Up From $8.57M YoY
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ChinaNet Online Holdings Reports Full Year 2019 Audited Financial Results
- BEIJING, May 27, 2020 -- ChinaNet Online Holdings, Inc. (Nasdaq: CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, and data-analysis.
- 05/27/2020
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14 Communication Services Stocks Moving In Thursday's Pre-Market Session
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14 Communication Services Stocks Moving In Tuesday's Pre-Market Session
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28 Stocks Moving in Tuesday's Pre-Market Session
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Trade Management Market Analysis and Outlook Report 2020-2025 - ResearchAndMarkets.com
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Ambac Reports First Quarter 2020 Results
- Ambac Financial Group, Inc. (NYSE:AMBC) (
- 05/11/2020
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Those Who Purchased ChinaNet Online Holdings (NASDAQ:CNET) Shares Five Years Ago Have A 81% Loss To Show For It
- ChinaNet Online Holdings, Inc. (NASDAQ:CNET) shareholders should be happy to see the share price up 13% in the last...
- 05/06/2020
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ChinaNet Receives Nasdaq Notice Indicating Co. Not Compliant With $1 Min. Bid Price Rule
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ChinaNet Online Reports Filing Of Extension On Form 10-K, Cites Coronavirus Impacts
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ChinaNet Online Holdings Announces Filing Extension for Form 10-K Due to COVID-19 Impacts
- The Company applied for the extension due to the outbreak of the COVID-19 novel coronavirus, which has caused a delay in its auditor’s ability to perform the required audit work as well as a delay in the Company’s ability to consolidate and analyze its financial statements for the preparation of its annual report on Form 10-K. Importantly, the Company conducts its business operations in China, primarily in two cities, Beijing and Xiaogan, Hubei Province.
- 03/23/2020
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ChinaNet Online Holdings Announces Filing Extension for Form –…-K Due to COVID-–9 Impacts
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Stocks That Hit 52-Week Lows On Wednesday
- During Wednesday's morning session, 690 stocks hit new 52-week lows.
Intriguing Points:
Boeing (NYSE: BA) was the biggest company on a market cap basis to set a new...
- 03/11/2020
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ChinaNet Online Holdings Provides Update on COVID-19 Outbreak Relief Measures for Companies
- BEIJING, March 10, 2020 -- ChinaNet Online Holdings, Inc. (Nasdaq: CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, and data analysis.
- 03/10/2020
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ChinaNet Online Holdings Provides Update on COVID-–9 Outbreak Relief Measures for Companies
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Stocks That Hit 52-Week Lows On Friday
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ChinaNet Online Holdings Appoints Chief Business Officer and Provides Update on COVID-19 Impact
- In this role, Mr. Yu will help to explore new business opportunities in healthcare industry advertising, advance the Company’s development of blockchain technology, and facilitate the integration of artificial intelligence (“AI”) data analysis.
- 02/20/2020
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ChinaNet Online Holdings Appoints Chief Business Officer and Provides Update on COVID-–9 Impact
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Reviewing HealthStream (NASDAQ:HSTM) & Chinanet Online (NASDAQ:CNET)
- HealthStream (NASDAQ:HSTM) and Chinanet Online (NASDAQ:CNET) are both small-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, earnings, profitability, institutional ownership, dividends and risk. Volatility and Risk HealthStream has a beta of 0.66, suggesting that its share price […]
- 02/04/2020
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ChinaNet Online Holdings Announces Expansion of Corporate Business and Technology Headquarters to Guangzhou, China
- The Company is currently in the process of finalizing the location of its new headquarters in Guangzhou while preparing to make the necessary renovations prior to moving in. As part of the expansion, the Company will also move its technology team to its new headquarters in the South. The Company is currently targeting March 2020 as its move-in date.
- 01/15/2020
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ChinaNet Online Holdings Announces Expansion of Corporate Business and Technology Headquarters ...
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ChinaNet Online Holdings Announces Appointment of CTO
- BEIJING, Dec. 27, 2019 -- ChinaNet-Online Holdings, Inc. (Nasdaq:CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, and data analysis.
- 12/27/2019
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ChinaNet Online Holdings Q3 EPS $(0.02) Up From $(0.19) YoY, Sales $15.508M Down From $17.042M YoY
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ChinaNet Online Holdings Reports Third Quarter and First Nine Months 2019 Unaudited Financial Results
- BEIJING, Nov. 15, 2019 -- ChinaNet Online Holdings, Inc. (Nasdaq:CNET) ("ChinaNet" or the "Company"), a pioneering data-analysis platform in China harnessing blockchain as well.
- 11/14/2019
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The ChinaNet Online Holdings (NASDAQ:CNET) Share Price Is Down 71% So Some Shareholders Are Rather Upset
- Long term investing is the way to go, but that doesn't mean you should hold every stock forever. It hits us in the gut...
- 11/14/2019
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ChinaNet Online reports Q3 results
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GRUB, BYND, SHOP among premarket losers
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ChinaNet Online Holdings Completes Private Placement and Share Issuance
- ChinaNet-Online Holdings, Inc. (CNET) (“ChinaNet” or the “Company”), an integrated online advertising, precision marketing, and data analysis and management platform company, today announced the closing of the second half of a private placement with a select group of investors (the “Investors”) in accordance with the Securities Purchase Agreement, originally entered into by the Company and Investors on August 7, 2019.
- 10/28/2019
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ChinaNet Online Holdings Closes a $2.4M Private Placement
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ChinaNet Online Holdings Announces Appointment of New Independent Registered Public Accounting Firm
- ChinaNet Online Holdings, Inc. (CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing and data analysis and management platform company, today announced that, effective as of October 7, 2019, the Company has appointed Centurion ZD CPA & Co. (“CZD”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2019. CZD will replace the Company’s previous independent registered public accounting firm Marcum Bernstein & Pinchuk LLP (“MarcumBP”), which the Company dismissed on October 7, 2019.
- 10/14/2019
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ChinaNet Online Names Centurion ZD CPA & Co. As Independent Registered Public Accounting Firm
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ChinaNet Online Holdings Completes First Half of Private Placement and Share Issuance
- ChinaNet-Online Holdings, Inc. (Nasdaq:CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, and data analysis and management platform company, today announced the closing of the first half of a private placement with a select group of investors (the “Investors”) in accordance with the Securities Purchase Agreement, originally entered into by the Company and Investors on August 7, 2019. In connection with the closing, the Company issued 1,608,430 shares of common stock (the “Shares”) in consideration for approximately $2.4 million, representing half of the total $4.8 million worth of Shares to be disbursed under the aforementioned Securities Purchase Agreement.
- 09/25/2019
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ChinaNet Online Holdings Completes First Half of Private Placement and Share Issuance
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ChinaNet Online Holdings Reports Second Quarter and First Half Year 2019 Unaudited Financial Results
- BEIJING, Aug. 20, 2019 -- ChinaNet-Online Holdings, Inc. (Nasdaq:CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing and data-analysis.
- 08/20/2019
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ChinaNet Online Holdings Q2 EPS $(0.02) Up From $(0.18) YoY, Sales $15.453M Down From $22.52M YoY
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ChinaNet Online Holdings Q2 EPS $(0.02) Up From $(0.18) YoY, Sales $15.45M Down From $22.52M YoY
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How Much Of ChinaNet Online Holdings, Inc. (NASDAQ:CNET) Do Insiders Own?
- If you want to know who really controls ChinaNet Online Holdings, Inc. (NASDAQ:CNET), then you'll have to look at the...
- 08/16/2019
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ChinaNet Online Holdings Enters Into a Material Definitive Agreement
- ChinaNet-Online Holdings, Inc. (CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, and data analysis and management platform company, today announced that it entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with selected investors related to the purchase and sale of the Company’s common stock on August 7, 2019.
- 08/12/2019
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ChinaNet-Online Reports Securities Purchase Deal With Selected Investors For ~3.217M Common Shares At $1.4927/Share For $4.8M
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ChinaNet Online Holdings Announces CFO Transition
- ChinaNet-Online Holdings, Inc. (CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, and data analysis and management platform company, today announced the appointment of Mr. Mark Li to the position of the Company’s Chief Financial Officer, effective immediately. Mr. Zhige Zhang has resigned from the role of Chief Financial Officer due to personal reasons.
- 07/08/2019
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ChinaNet Online Holdings Appoints Mark Li CFO
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Shares of several Chinese companies are trading higher after President Trump said he spoke with China's Xi and announced they will have an extended meeting at G20, renewing trade optimism.
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ChineNet Online Holdings shares are trading lower after the company reported Q1 EPS is 75% lower from last year.
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40 Biggest Movers From Yesterday
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ChinaNet Online Holdings shares are trading lower after the company announced it will decelerate its blockchain platform and engage in a 40%-45% workforce reduction.
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54 Biggest Movers From Friday
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Benzinga Pro's Top 10 Most-Searched Tickers For Morning Of Fri., Apr. 5, 2019
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Factors of Influence in —…–8, Key Indicators and Opportunity within Document Security, ...
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ChinaNet Online Holdings Q3 EPS $(0.19) Down From $(0.17) YoY, Sales $17.04M Up From $13.523M YoY
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US-Traded China-Based low Float stocks with extreme volatility: China Recycling Energy, ChinaCache, JMU Limited, Euro Tech, Takung Art, China Ceramics, Yulong Eco-Materials, Delta Tech, ChinaNet, China TechFaith Wireless, China Advanced Construction
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US-Traded, Low Float Chinese Stocks Are Going Crazy
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50 Biggest Movers From Friday
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ChinaNet Online Holdings shares are trading up 22%; The company earlier reported Q2 EPS down from last year but sales up.
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ChinaNet Online Holdings Forms Blockchain-Powered Business Opportunity Social Ecosystem
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Premarket Gainers as of 9:05 am (06/04/2018)
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ChinaNet Online Reports Q1 EPS $(0.04) From $(0.09) YoY, Sales $8.26B From $7.25B YoY
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Benzinga Pro's Most-Searched Tickers For Wed., Apr. 18, 2018
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ChinaNet Online Holdings Shares Up 38.9% After Co. Earlier Reported YoY Q4 Sales Increase
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ChinaNet Online hires ICR for investor relations
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Benzinga Pro Blockchain Roundup: RIOT Down 28%, LBCC Down 8.9%, CNET Down 6.6%, SRAX Down 3.0%, DPW Down 1.6%, MARA Down 2.1%, LFIN Down 9.6%, SSC Down 3.6%, GROW Up 4.3%
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Benzinga Pro Morning Blockchain Roundup: DPW Shares Up 13.8%, Social Reality Up 11.4%, Seven Stars Cloud Up 11.2%, US Global Investors Up 5.8%, Marathon Patent Up 5.6%, Long Blockchain Up 5%, ChinaNet Up 3.7%, LongFin Down 1.6%
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Benzinga Pro Morning Blockchain Roundup: RIOT Up 7.1%, LBCC Up 2.8%, CNET Up 1.9%, KODK Up 1.85%, SRAX Down 2.1%, DPW Down 2.4%, MARA Up 4.0%, LFIN Up 8.5%, SSC Down 1.4%, GROW Up 4.6%
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Benzinga Pro Morning Blockchain/Crypto Roundup: LBCC Up 2.0%, CNET Down 3.6%, SRAX Up 0.5%, DPW Up 0.6%, MARA Down 2.8%, LFIN Down 0.6%, SSC Up 0.7%, GROW Up 0.7%, KODK Down 5.41%
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Benzinga Pro Mid Day Blockchain/Crypto Roundup: LBCC Down 7.3%, CNET Down 8.0%, SRAX Down 4.7%, DPW Down 3.4%, MARA Down 3.8%, LFIN Down 0.6%, SSC Down 4.1%, GROW Down 2.8%
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Premarket Gainers as of 9:05 am (02/07/2018)
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30 Stocks Moving In Tuesday's Mid-Day Session
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Blockchain/Crypto Related Stocks As Digital Currency Rout Continues: GROW -8.85%, MARA -5.2%, SRAX -11.6%, DPW -14.4%, GBTC -8.62%, LFIN -6%, OSTK -5.95%, CNET -4.55%, BLOK -2.28%, BLCN -1.68%; LBCC an Outlier, Up 3.29%
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Amid Digital Currency Weakness, Blockchain/Crypto Related Stocks Mostly Lower; CNET -4.96%, GROW -7.9%, DPW -12.4%, SRAX -2.32%, RIOT -9.75%, LFIN -8.1%, OSTK -3.42%, BLCN -1.2%, BLOK -1.35%
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Today In Blockchain: Rambus, DPW, Chinanet, And Davos
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14 Stocks Moving In Friday's Pre-Market Session
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33 Stocks Moving In Thursday's Mid-Day Session
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38 Stocks Moving In Wednesday's Mid-Day Session
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38 Biggest Movers From Friday
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ChinaNet Online Holdings, Inc. Reports Entry into Agreements for Registered Direct Placement of $11M of Common Stock, Warrants
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ChinaNet Online Names Zhongyi Liu As Chief Strategy Officer For Blockchain, Business Development
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22 Stocks Moving In Monday's Pre-Market Session
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2 Chinese Non-Cap Momentum Stocks Trading Lower Fri.: Chinanet Online Shares Down 20.6%, LiNiu Technology Shares Down 9%
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UPDATE: Document Security Systems Being Viewed As Sympathy Play To ChinaNet, Which Is Up ~767% As Traders Are Viewing The Name As A Way To Gain Exposure To Blockchain
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ChinaNet Online Holdings Reports Q3 EPS $(0.17) vs $(0.13) Est., Sales $13.5M vs $11.9M In Prior Year Period
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3 Ways To Play China's Rate Decision
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Chinanet Shares Resume Trade Following Circuit Breaker, Stock Pulls Back From Highs, Still Up 79% For Session
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ChinaNet Online Q2 EPS $(0.07) from $(0.11) YoY, Sales $10.5M from $8.4M YoY
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15 Biggest Mid-Day Gainers For Tuesday
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12 Biggest Mid-Day Gainers For Thursday
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ChinaNet Online Holdings Reports FY16 EPS $(0.57) vs. $(0.71) YoY, Sales $34.75M vs. $32.26M YoY
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Worst Performing Industries For November 21, 2016
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ChinaNet Online Holdings' (CNET) Management on Q3 2016 Results - Earnings Call Transcript
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ChinaNet Online Reports Q3 EPS $(0.01) vs. Prior Year Quarter $(0.02), Rev. $25.01M vs. Prior Year Quarter $23.11M
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ChinaNet Online Holdings Reports 1-for-2.5 Reverse Split
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ChinaNet Online Reports Q2 EPS $(0.04), Unch YoY, Sales $8.4M vs $9.6M YoY
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ChinaNet Online in marketing deal with restaurant network
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ChinaNet Q1 EPS ($0.05), Revenue $5.1M, No Estimates
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ChinaNet Online Holdings Reports FY15 EPS $(0.29) vs. Prior Year $(0.55)
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Worst Performing Industries For March 11, 2016
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ChinaNet Online Reports Q3 EPS $(0.08), no estimates
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ChinaNet Signs Strategic Partnership With Genesis BBQ Global To Expand Restaurant Chain In China
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ChinaNet Online -2.1% after getting Nasdaq listing notice
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ChinaNet Online Partners With Baidu to Launch New Business Service Program
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ChinaNet Online Holdings' (CNET) CEO Handong Cheng on Q2 2015 Results - Earnings Call Transcript
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ChinaNet Online Reports Q2 EPS $(0.03), Rev. $9.6M vs. Prior Year Quarter $10.4M
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Tuesday, Wednesday's Economic Conditions And Major Market Movers: China Continues To Decline, Greece Continues Delay
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Top 4 NASDAQ Stocks In The Advertising Agencies Industry With The Highest EPS Growth Forecast For Next 5 Years
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Top 4 NASDAQ Stocks In The Advertising Agencies Industry With The Highest EPS Growth Forecast For Next 5 Years
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ChinaNet Online Granted $1.25M As A Strategic Investment From Dongsys Innovation
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Chinanet Online Holdings' (CNET) CEO Handong Cheng on Q1 2015 -- Earnings Call Transcript
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ChinaNet Online reports Q1 results
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