The9 Ltd
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Communication Services : Entertainment |
Based in China
Company profile

The9 Limited (The9), formerly GameNow.net Limited is a holding company, which is an online game developer and operator. The Company operates in developing and operating online games and related services segment. It develops and operates the business of Fun Box, a home entertainment set top box, which enables online video and video games on television. It offers online games, including massively multiplayer online role playing games (MMORPGs), massively multiplayer online first-person shooter games (MMOFPSs), Web games, social games, mobile games and television games. It is also engaged in mobile advertising and mobile application education businesses. Its training services relate to smart phone application programming training provided to college students in China. It develops and operates mobile advertising platform, Juzi, under its wireless business unit. The Company's online games include Firefall and Song of Knights. Its game under development includes CrossFire 2.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

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Closing Price
$15.26
Day's Change
-2.36 (-13.39%)
Bid
--
Ask
--
B/A Size
--
Day's High
17.74
Day's Low
15.06
Volume
(Heavy Day)
Volume:
1,725,450

10-day average volume:
1,178,338
1,725,450

Tesla's Berlin gigafactory to be delayed another 6 months: report

6:19 pm ET May 2, 2021 (MarketWatch)
Print

By Mike Murphy

Facility won't open before end of January 2022, German magazine reports

Production at Tesla Inc.'s new gigafactory outside Berlin will be delayed by another six months, according to a new report.

The German trade magazine Automobilwoche reported Sunday (https://www.automobilwoche.de/article/20210502/BCONLINE/210509999/1276/teslas-sorgen-in-gruenheide-ohne-batterie-kein-auto) that production will not begin before the end of January 2022, and that Tesla Chief Executive Elon Musk officially gave approval for the six-month delay.

Tesla (TSLA) had hoped to open the facility on July 1, but permitting issues and plans to also build a battery-cell factory at the site have reportedly contributed to the delay. The massive factory will be Tesla's fourth worldwide, and first in Europe.

When Tesla reported earnings last week, the electric-vehicle company said its newest factories in Berlin and Texas "are making progress." (https://www.marketwatch.com/story/teslas-first-quarter-sales-rise-more-than-70-11619468146)

Tesla did not immediately respond to a request for comment Sunday. The company dissolved its media-relations team last year.

Tesla shares are about flat year to date, but are up more than 400% over the past 12 months.

-Mike Murphy; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

May 02, 2021 18:19 ET (22:19 GMT)

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