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GOMO Announced to Invest Millions of RMB to NINED, Setting up VR Strategic Distribution

In July 2017, GOMO, the world leading mobile application provider announced that they would invest millions of RMB for the development of NINED, a company focusing on virtual reality in pan-entertainment. In the future, GOMO will make deeper cooperation with NINED in globalization exploration, resource integration and so on.

Seizing the trend is a key word in the process of GOMO development. The first leap of GOMO is the transformations from charging mode to free mode of the Internet, and it becomes the first company providing free mobile contents. At that time, GOMO occupied 40% mobile traffic across China; the second is to seize the trend in which an increasing number of users choose to acquire information from client line, which made it achieve successful transformation to mobile App; the third is to predict the trend in which domestic mobile internet enterprises will go global, pioneeringto explore the foreign market, and taking the lead in overseas mobile App markets to make it more competitive.

The reason why GOMO invested to NINED for this time is to expand its favorable mobile tool software to other fields and to create a new growing point. With the popularization of smart phones and virtual reality, VR is embracing huge latent user bases across the world as well as great developing potential in the market. Facing up withthe blooming prospect of VR industry, GOMO will keep focusing on virtual reality and allocating relevant resources.

GOMO has full trust and expectation on further service development of NINED. As the earliest company realizing large-scale VR commercial services, NINED has long-term accumulation in the VR industry as well as solid foundations in globalization. Besides, it has relevant resource distribution in South America, Southeast Asia and Europe. Both GOMO and NINED are located Guangzhou, and they will go global from Guangzhou. Through this investment, GOMO hopes to realize connection between online and offline, hardware and software, to achieve its global allocation in diversified aspects.

Founded in 2003 in Guangzhou, GOMO has now grown up as the world leading mobile application provider andthe biggest partner of Facebook in the world. With its deep foundations in Internet, GOMO has developed dozens of mobile APPs which are available all over the world, and it is dedicated to build up a platform of industrial chains, gathering the all-round and multi-channel mobile Internet software services.

The main services of GOMO include developing mobile APPs which are available all over the world, providing domestic network literature reading platforms and 3G portals websites. Currently, GOMO has become one of the most successful Chinese mobile Internet enterprises in international operation, and it also stands for the strength of high-tech innovative enterprises in practicing ‘One Belt and One Road’ policies.

On November 22, 2013, GOMO went public on NASDAQ, becoming the first domestic mobile internet enterprise going public in the US.

In the first quarter of 2017, GOMO became the third largest tool mobile application providerin Google global APP store, and the downloads of its APPs have reached over 1.6 billion. Until now, products of GOMO have covered over 200 countries and regions in over 48 different languages.

NINED is the first innovative high-tech company realizing large-scale VR commercial services. It focuses on research and application of VR technology, with elite VR technological research center, VR content studio, hardware production base and brand operations group. It’s the important partner of many top companies relevant to VR, like Intel and NVDA. Currently, NINED has allocated over 3500 off line entities in over 60 countries and regions across the world, opened up 「VR x PC」, a new model of cross- port electronic sport and achieved development of 「VR+」top IP at home and abroad. All these made by NINED become the wind vane of off-line VR commercial services.