Linktone Acquires Online News and Information Portal Okezone.com
Linktone Ltd. (NASDAQ: LTON)today announced the acquisition of Okezone.com a Bahasa Indonesian online portal focused on delivering breaking news, as well as entertainment, information and video content. With a staff of over 100 reporters and editors, Okezone.com provides real-time coverage of major events.
It has become Indonesia's third most popular news and entertainment website and is growing rapidly in markets such as Malaysia, Singapore, Saudi Arabia, Japan and the United States. Linktone acquired Okezone.com from PT Media Nusantara Citra Tbk ("MNC"), the Company's indirect majority shareholder.
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