Category Archive for: News

Competitor Group Inc. Transaction

SYDNEY, 16 August 2016 – MOKO Social Media (NASDAQ: MOKO and ASX: MKB) (MOKO) today announced a strategic agreement and transaction with Competitor Group, Inc. (CGI), under which CGI will acquire RunHaven, MOKO’s running website and social media assets for an undisclosed amount. MOKO and CGI have also entered a marketing alliance in which they…

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MOKO Quarterly Update

SYDNEY, 29 July 2016 – MOKO Social Media Limited (MOKO) today lodged its quarterly results for the period ending 30 June 2016. Net operating cashflows for the year improved from $(18.2) million in 2015 to $(14.3) million in 2016. Net operating cashflow for the quarter of ($4.0m) included one-off costs associated with the steps taken…

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MOKO Product Update

SYDNEY, July 21, 2016 – MOKO today provided an update on the development of its REC*IT Plus product. Since MOKO recreation centre customers were notified of the initial development of REC*IT Plus two months ago, more than 40 colleges and universities have expressed interest in participating in the beta testing program due to commence August/September,…

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MOKO New App and Market Update

SYDNEY, July 14, 2016 Highlights • Development of REC*IT Plus app targeting recreation centre administrators • College and high school market offers major opportunity • Significant growth in user acquisition and engagement following portfolio realignment • First marketing partnership with major US brand executed REC*IT Plus MOKO Social Media Limited (MOKO) has announced the development…

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