Guangzhou-based Chinese mobile content and service provider Sungy Mobile has acquired California-based mobile ad network GetJar, according to a company announcement. Sungy Mobile will pay an initial $5.3 million in cash, and may issue up to 1.44 million ordinary shares as earn out payments to GetJar's owners by early 2016 if certain performance targets are […]

Visit for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Visit the original source and full text: China Money Network