Italian Mobile Content Firm Dada.net’s 2006 Earnings: $144.87 Million Revenue

Italian mobile social networking and content company company Dada.net has released its 2006 earnings numbers..the company operates in Europe and bought Upoc in U.S. last year.
In Q4 Dada recorded revenues of 31.3 million euro (US$41.12 million), and increase of 33.1 percent year-on-year. For the full year Dada.net reported 111.4 million euro in revenue (US$144.87 million), and increase of 59.4 percent compared to 2005. For 2006 Dada.net had a positive net profit of Euro 12.5 million, compared to a positive net profit of Euro 7.2 million in the previous year. More details in release here.

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