Thwapr Shares Rise 50% on Asia Marketing Deal

Shares of mobile video sharing platform company Thwapr (

) are up 50% Thursday, after announcing an exclusive agreement with a leading marketing and branding company in Asia, Shyalala, to develop new business opportunities by introducing Thwapr as a new visual communication channel in Asia for brands and personalities to engage their communities. Thwapr shares rose 138% on Wednesday.