MONA A Play On China
Posted on | September 8, 2008 | 1 Comment
Remember to always do your own research.
China is the best market due to the enormous size of its population!
MONA’s primary business is mass media distribution in China through their portal pp365.
MONA’s 365 company is engaged primarily in the on line move and games distribution business in China.
According to the UN Population Division, China’s population is anticipated to grow to 1.49 billion in 2025!
MONA has cutting-edge technology with peer to peer networking, streams full-screen media content, 3D games and Internet based games directly to consumers.
MONA derives its traffic and income source as follows: China 91.3%, South Korea 6.6%, Malaysia 0.2%, Hong Kong 0.1%, Taiwan 0.1%.
PP365 is sole agent for the Internet game “Sanguo” developed by Korean game developer and affiliate. Sanguo is a very popular game in China and throughout ASIA.
The number of online gamers in China was 40.17 million and sales of online games hit $1.45 billion in 2007!
MONA could become a giant player in China’s online game industry in the near future.
Industry analysts estimate that China’s online gaming population will hit 84.56 million by 2012!
MONA’s PP365 has entered preliminary negotiations with 2 North American based Sports Fantasy Pool portals, with the intent to leverage the technology and adapt it to the Chinese market.
One of the portals is a well known USA based sporting facility.
MONA CEO Yong Chen advised; “We think the timing is perfect for the introduction of this type of gaming in the Chinese market, and we have the opportunity to be the first to market. As professional sports leagues continue to enjoy dramatic growth in China, it is only natural for the concept of Fantasy Pools to develop alongside them. We believe the appeal will be very strong, given the popularity of gaming and gambling in Chinese culture.”
MONA management conservatively estimates that revenue streams from this will topple 10 million dollars in the first few years of operations!
MONA CEO Yong Chen continued, “Rather than having to reinvent the wheel, we believe that we can learn from the knowledge base already developed in North America, and adapt the concepts that resonate most strongly with Chinese culture.”
MONA realizes that fantasy sports are a billion dollar market!
Fantasy sports are growing in popularity across North America as sports fans build baseball, football, basketball, hockey or Formula One racing teams that compete against each other in online leagues based on the statistics generated by individual players or teams in Major League Baseball, the NFL, NBA, NHL or Formula One.
CBS SportsLine generated $15 million in sales from 1.3 million fantasy football customers in 2004.
MONA understands the enthusiasm that men have for sports and knows there is a great profit to be made in China if the idea is adapted to fit China’s culture.
According to sociological analysis of online fantasy sports participants conducted by Don Levy, an assistant sociology professor at West Virginia Wesleyan College, one in four fantasy players spends more than $500 a year on the games!
MONA’s operation subsidiary, Beijing Innotrek Technology CO., Ltd focuses on research and development of advanced broadband technology according to requirements of ISO 9000 to ensure quality of products developed.
Their project, “Advanced Broadband Technology Installation Service for Hotels” makes use of “Innotrek Intelligent Broadband LAN System”, which combined Power Line Communication (PLC) with DSL technology and LAN technology to form a whole new Broadband technology.
MONA’s system omitted the need for additional wiring and construction work such as drilling into buildings for the installation of broadband network.
This project has attained support from “Innovative Fund for Technology Firms”. The Broadband system applied high speed PLC technology through telephone lines and cable lines, thus effectively solves connection instability of existing traditional PLC systems.
“The fastest growth in broadband connections over the next few years will be in the China/India region, which are still adopting DSL at a rapid rate and we expect this trend to continue,” said Claudio Castelli, of consulting firm Ovum.
For more information on MONA, visit their website at: www.monacorporation.com
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September 9th, 2008 @ 12:08 pm
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