Monday, January 17, 2011

Taiwan: HTC to invest US$5.5M in Shangai F-road mobile financial provider.

WorldWideTech & Science. Francisco De Jesús.


Smartphone maker reportedly planned to buy 25% of mobile money provider.
Taiwanese smartphone maker HTC Corp. said Friday it was planning to invest US$5.5 million in Shanghai F-road Commerce Service Co. Ltd to enhance its operation in China, the Economic Daily reported Saturday.

HTC was planning to acquire over 25% of stake in Shanghai F-road, a mobile financial service provider, through its subsidiary HTC HK Ltd, the report said.



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