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Linktone was the first and largest provider of mobile value-added data services in China, China’s first profitable NASDAQ-listed company, and is recognized in the Chinese Internet Hall of Fame as the “Leader of the Second Wave” of listed Chinese companies. We exited our investment post IPO.

Recent News

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    Lunar 2016 Outlook Remains Pos...
    Lunar
    January 29, 2016
    We started 2015 with enthusiasm for the Chinese consumer, A-shares generating 53% annualized returns, and healthy private equity performance...
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    Man on the Moon
    Lunar
    February 10, 2015
    By Andrew Woodman   In 1999, Derek Sulger turned his back on a career with Goldman Sachs to start a company in China. Fifteen years on...
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    China VC: The Virtuous Circle
    Lunar
    June 3, 2014
    By Tim Burroughs   China’s VC market is evolving as funds started by or raised from founders of first-generation internet firms. C...
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    Maximizing Value through Build...
    Lunar
    May 30, 2014
    Platform-building is woven into Lunar’s DNA. The business that began as Linktone in 1999 subsequently gave birth to two further com...
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    Lunar Monthly Update
    Lunar
    March 15, 2011
    IPOs have been the dominant exit form in China since 2007, creating an “IPO-or-Bust” mentality among the Chinese private equity community th...