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.

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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...
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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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    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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    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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    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...