Phoenix New Media Announces Strategic Partnership with China Unicom


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Phoenix New Media Limited (NYSE: FENG) today announced that it entered into a strategic partnership with China Unicom (NYSE: CHU), China's second largest mobile operator, to offer a "Wo+ifeng" mobile video data package to China Unicom 3G subscribers through ifeng's mobile video application.This partnership marks the first cooperation between a Chinese telecom carrier and an Internet video news platform in China. Pursuant to the agreement, China Unicom's over 100 million 3G subscribers will be able to consume up to 6GB per month of mobile content through the "ifeng Video" mobile app for a monthly fee of 15 RMB. China Unicom users who choose the "Wo+ifeng" package will also have access to VIP services including ifeng's premium news video programs and documentaries not otherwise accessible. In the near future, the parties also plan to offer differentiated bundled packages to meet diverse user needs and viewing habits for news video content.Mr. Ya Li, Chief Operating Officer and interim Chief Financial Officer of ifeng, commented at the press conference for the partnership, "Partnering with China's second largest mobile operator further demonstrates our recognized leadership in providing

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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