10-12-2014, 09:40 AM
It seems some of these acquisitions like FL Mobile, NationSky, Rui Feng, Doreso and VLife are turned out to be VERY good investments at the end. Particularly, FL Mobile and NationSky is going to contribute 40-50% of total NQ revenues this year. Also, NQ recently sold around 5% stake in both these companies which gives them "post-money valuation" of almost $1 billion combined. Also, impressed with recent Sprint/China Mobile deals on NQ Live front.
I guess these acquisitions might be the reason why Deloitte took almost 7 months to complete its investigation.