Following the sale of the 17173, the tour of the wholly-owned subsidiary of the Seventh Avenue also spread the news of the upcoming prostitution.
It is possible to sell Seventh Avenue to a Singaporean company, according to sources. About 4 years ago, the cruise bought Seventh Avenue 68.258% shares in fixed cash and a floating extra cash of up to $32.76 million for $68.26 million. May 2014, another 78 million U.S. dollars to acquire 28.074% shares, the Seventh Avenue is a wholly owned subsidiary.
As of now, there is no specific content of this sale. However, in the context of a reversal of the overall strategy, Seventh Avenue is neither the first nor the last business to be sold.
Wang Yu as the CEO during the tour, has proposed "game money raising platform, platform for channel push game" the overall strategy. With Wang Yu's dismissal and the company's strategic transformation, there are swimming insiders feeling, once for the sweet cakes of the platform-level business of the fate of a nosedive. In promoting the platform strategy, the tour has launched and or acquired a Third-party application market Mobogenie, Voice software RC, Dolphin Browser, as well as the page tour platform Wan.
If Seventh Avenue is sold, it will be the second major blow to the WAN platform. This means that of the 5 main components of the WAN platform, 2 of the Seventh Avenue and 17173 will be stripped down successively. It may only be a matter of time before other platform-level businesses remain.