initial public offerings (IPOs) trading on American exchanges

Saturday, November 23, 2013

Sungy Mobile Ltd. (GOMO) began trading on the NASDAQ on 22 November 2013

Sungy Mobile Ltd. (NASDAQ: GOMO) priced its IPO at $11.22, near the top of the $9.50-$11.50 range, and the stock opened for trading at $14.11. The China-based company offers a management tool for Android-based smartphones. Shares traded at a peak of around $16 before closing their first trading day at $13.35.


Sungy Mobile Limited is a provider of mobile Internet products and services globally with a focus on applications and mobile platform development. The Company’s platform product, GO Launcher EX, manages apps, widgets and functions on Android smartphones and serves as users’ first entry point to their phones. The Company has developed a portfolio of GO series products, which include its launcher products and a range of other GO series apps and widgets that provide functionality, enhanced performance and personalization for Android smart phones. In addition to its GO series products and GO platform, it also offer, a mobile Internet portal, and mobile reading services, both of which provides the Company with a stable and growing user and paying customer base.


16-17th Floor, Tower A, China Intern cnt 33 Zhong Shan 3 Road, Yue Xiu District

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