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Golden Cariboo (CSE:GCC) (OTC:GCCFF) Expands Gold Footprint in BC (click to learn more)
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Phoenix New Media Limited FENG

Technology Internet Content & Information
Phoenix New Media Limited provides content through an integrated Internet platform in the People’s Republic of China. It operates in two segments, Net Advertising Services and Paid Services. The company provides various interest-based content verticals, such as news, military affairs, video, technology, finance, entertainment, automobiles, sports, real estate, home living, fashion, and history through its website, ifeng.com; and interactive services, including comment postings and user surveys. It also provides mobile newspaper and mobile video services, as well as e-commerce and wireless value-added services. In addition, the company’s mobile channel comprises ifeng News, a news application that provides newsfeeds and other content in the form of text, images, live streaming, and video; ifeng Video, a video application, which offers video news, live broadcasting, Phoenix TV programs content, etc.; i.ifeng.com mobile Internet website; and digital reading applications. It offers cont...


NYSE:FENG - Post by User

Phoenix New Media Limited
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  • CougerMilkX
Comment by CougerMilkon Nov 19, 2020 11:03am
105 Views
Post# 31930655

RE:RE:RE:Selling 30% of company for $448 million, mk $330 mil

RE:RE:RE:Selling 30% of company for $448 million, mk $330 mil
CougerMilk wrote: Well, here's the answer: special cash dividend - Yippee

https://stockhouse.com/news/press-releases/2020/11/19/phoenix-new-media-announces-special-cash-dividend-of-us-1-3712-per-ads


If revenues follow the Q# forecast, then I suppose we could see another big dividend next year. A massive, but irregular cash cow. 

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