Moko Social Media Limited
ASX:MKB ISIN:AU000000MKB5
MOKO.mobi Limited (MOKO.mobi), formerly Loop Mobile Limited, is an Australia-based company. The Company is engaged in mobile content services. The principal activity of the Company is delivering mobile social networking services to global consumers within the youth and young adult demographic. MOKO.mobi is a platform that enables people to chat and share anywhere. MOKO.mobi is available on multiple wireless carrier portals, including Telstra, Optus, 3, Boost Mobile, Virgin Mobile Australia and United States, Maxis Malaysia, Reliance Mobile, Airtel and Idea Cellular India, Du UAE, and Globe & Smart Philippines.
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The Australian stock market opened lower today, after poor signals on the US jobs market sent Wall Street slightly lower overnight.
Wall Street declined modestly overnight as bearish analyst comments hurt bank shares. Analysts with UBS predicted the capital market's seasonal slowing could come earlier this year, cutting its fourth-quarter earnings target for Morgan Stanley, JP Morgan and others.
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