Chinese net stock Sohu.com dropped by 10% on Friday after the company announced that its multimedia messaging services with China Mobile Communication had been temporarily suspended for a year. The sanctions were imposed after Sohu sent solicitations for phone messaging services without China Mobile’s approval.
Also read, “Sohu.com blames China Mobile spam on technical bug“
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post