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500.com full year revenue nears $100m mark

12th February 2015 12:56 pm GMT

NASDAQ-listed Chinese lottery service provider 500.com has generated net income of RMB157.0m (US$25.3m) for the full 2014 year, after recording strong growth in total purchase amounts and net revenue during the period.

In its first full year as a listed company, net revenue rose 123 per cent to RMB579.7m ($93.4m) during 2014, following a strong end to the year which saw net revenue climb 52 per cent to RMB146.2m. Total purchase amount was up 64 [...]

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