CooTek (Cayman) Inc - ADR

CooTek (Cayman), Inc. is a mobile internet company, which engages in the development of mobile applications and artificial intelligence technology. Its products include TouchPal keyboard, HiFit, ManFit, Abs Workout, Cherry, Drink Water Reminder, and Blue Light filter. The company was founded by Kan Zhang, Teng Ren, Jia Liang Wang, Jim Wang, and Qiao Ling in 2008 and is headquartered in Shanghai, China.

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CooTek (Cayman), Inc. is a mobile internet company, which engages in the development of mobile applications and artificial intelligence technology. Its products include Hi Shou, Drink Water Reminder, Happy Jogging, Crazy Reading Novel, Idle Land King Tycoon, Farm Hero, Crazy Painting, Hi Hamster, and TouchPal Smart Input. The company was founded by Kan Zhang, Teng Ren, Jia Liang Wang, Jim Wang, and Qiao Ling in 2008 and is headquartered in Shanghai, China.

CooTek (Cayman) Inc.'s (CTK) Q3 2021 Results - Earnings Call Transcript

CooTek (Cayman) Inc (NYSE: CTK) reported a third-quarter FY21 revenue decline of 52% year-on-year to $51.1 million, missing the consensus of $82.5 million.  Mobile advertising revenues decreased 52.5% Y/Y to $49.8 million.

CooTek's Q3 Performance Trails Consensus

SHANGHAI, Dec. 8, 2021 /PRNewswire/ -- Love Fantasy, a female-oriented mid-core casual game, has soared to No. 2 on the US iOS Games ranking this week, topping the casual and match-3 game chart.

Love Fantasy Invested by CooTek Ranks No. 2 on US Game Chart

SHANGHAI, Dec. 8, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today reported unaudited financial results for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights Net revenues were US$51.1 million, a decrease of 52% from US$105.7 million during the same period last year.

CooTek Announces Third Quarter 2021 Unaudited Results

CooTek (Cayman) (NYSE:CTK) is set to give its latest quarterly earnings report on Wednesday, 2021-12-08. Here's what investors need to know before the announcement.

A Preview Of CooTek (Cayman)'s Earnings

SHANGHAI, Dec. 6, 2021 /PRNewswire/ -- At the 2021 Xueqiu Investor Conference, CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company") Chief Strategy Officer, Zhaowen Zhou, announced that the company aims to build a new ecosystem of entertainment metaverse. CooTek will create immersive and interactive digital content and games to further merge the boundaries of these areas.

The CooTek Metaverse: A New Entertainment Landscape that Merges Novels and Games

The stock price of CooTek (Cayman) Inc (NYSE: CTK) increased by over 46% during intraday trading. This is why it happened.

CooTek (CTK) Stock: Why The Price Increased Today

SHANGHAI, Dec. 2, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company") announced that the Company has been focusing on developing immersive digital content and interactive game products related to Metaverse, and building up the digital content copyright system based on NFT (Non-Fungible Token), cryptographic assets on blockchain. The Company will establish its proprietary IP, technology and product systems, and deploy in the fields of Metaverse and NFT as the company's long-term development strategy.

CooTek Announces New Business Strategy Focus on Metaverse and NFT

SHANGHAI, Nov. 30, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that it will report its unaudited financial results for the third quarter 2021 ended September 30, 2021, before the open of U.S. markets on December 8, 2021. CooTek's management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on December 8, 2021 (9:00 PM Beijing Time on the same day).

CooTek to Announce Third Quarter 2021 Unaudited Financial Results on December 8, 2021

SHANGHAI, Nov. 9, 2021 /PRNewswire/ -- As Chinese game developers rush to compete overseas, CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company") has chosen to focus on the simple and fast casual games, thus avoiding a head-to-head competition with the established companies. Investing in mobile games is an important attempt made by CooTek while pursuing its entertainment content strategy.

In-App Advertisement Model Benefits CooTek's Mobile Games to Grow Exponentially

CooTek Cayman Inc. Sponsored ADR (CTK) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Here's Why CooTek Cayman Inc. Sponsored ADR (CTK) is Poised for a Turnaround After Losing 30.5% in 4 Weeks

CooTek (CTK) has been struggling lately, but the selling pressure may be coming to an end soon.

CooTek (CTK) Sees Hammer Chart Pattern: Time to Buy?

SHANGHAI, Sept. 28, 2021 /PRNewswire/ -- Fengdu Novel, an online literature mobile app developed by CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), has launched a new online community for book lovers, in which readers can comment on novels and authors can get instant feedback on their works.

Fengdu Novel Launches Online Community to Engage Readers and Writers

SHANGHAI, Sept. 16, 2021 /PRNewswire/ -- As a dark horse in the list of US IOS games -- a week into its launch, Truth Runner has already risen to the top and is still charging ahead.

Truth Runner: Another Top Ranked Mobile Game of CooTek

SHANGHAI, Sept. 13, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, has achieved diversification of revenue and enhancement in profitability through the innovations in mobile gaming and original IP content, thanks to its improved digital operation and product conversion.

CooTek's Enhanced Profitability in Online Literature and Mobile Games Are Coming Along

CooTek (Cayman) Inc. (CTK) on Q2 2021 Results - Earnings Call Transcript

Mobile internet company CooTek (Cayman) Inc (NYSE: CTK) reported a second-quarter FY21 revenue decline of 34% year-on-year to $83.2 million, missing the analyst estimate of $182.9 million. Continuous restructuring of portfolio products drove the decline.

CooTek Q2 Revenue Declines 34%, Margin Contracts

SHANGHAI, Sept. 8, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today reported unaudited financial results for the second quarter ended June 30, 2021.

CooTek Announces Second Quarter 2021 Unaudited Results

SHANGHAI, Aug. 30, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today announced that it will report its unaudited financial results for the second quarter 2021 ended June 30, 2021, before the open of U.S. markets on September 8, 2021. CooTek's management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on September 8, 2021 (8:00 PM Beijing Time on the same day).

CooTek to Announce Second Quarter 2021 Unaudited Financial Results on September 8, 2021

SHANGHAI, Aug. 26, 2021 /PRNewswire/ -- Fengdu Novel, an online literature mobile app developed by CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), has explored various opportunities for building content ecology and commercial monetization, and has achieved a breakthrough in leveraging social media channels. The social media channels provide a novel way to reach target readers and demonstrate Fengdu Novel's success in developing a new business model and amplifying revenue growth.

Fengdu Novel Achieves a Better Monetization Through Social Media Channels

SHANGHAI, Aug. 24, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, has been selected as one of the Online New Economy (Shanghai) Top 50 Award, issued by Jiemian News of Shanghai United Media Group. CooTek is recognized in the award list for its coordinated development of three primary strategies: scenario-based content applications, online literature and games, and recent achievements in intellectual property (IP) content construction.

With the Recognition of IP Content Creation, CooTek Ranked on the Online New Economy (Shanghai) Top 50

SHANGHAI, Aug. 23, 2021 /PRNewswire/ -- Fengdu Novel, an online literature mobile app developed by CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), has achieved many breakthroughs and made progress in content monetization this year. With rich and diversified contents, Fengdu Novel has cooperated with leading companies such as Ximalaya  (喜马拉雅), Soyinke (鸿达以太), DianZhong Books (点众书城), etc.

Fengdu Novel explores diversified copyright monetization and achieves breakthrough in content ecology construction

SHANGHAI, Aug. 20, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile Internet company, today announced that it will attend the Fifth China Online Literature+ Conference on September 3-5, 2021, to be held at Exhibition Center of Zhongguancun National Independent Innovation Demonstration Zone. The conference will focus on the creation and production of outstanding online literary works and promote the transformation of online literary masterpieces into other forms of entertainment as its core mission.

Fengdu Novel Debuts at Fifth China Online Literature+ Conference

SHANGHAI, Aug. 13, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that it attended the 2021 International Game Business Conference Summit Forum (2021IGBC) in Shanghai on July 28, 2021, hosted by the Game Publishers Association Publications Committee (GPC) of China Audio-video and Digital Publishing Association, the National Foreign Culture Trade Base (Shanghai) and the Shanghai Cultural and Creative Industry Promotion Association. Mr. Zhengchao Lu, Head of CooTek's overseas gaming business, gave a speech on CooTek's own experience and overseas development trends, which sparked lively discussions at the scene.

CooTek Games Attended 2021 International Game Business Conference (IGBC)

SHANGHAI, Aug. 11, 2021 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that CooTek presented its "global game products and international operation platform" at the China Digital Entertainment Expo and Conference 2021 (ChinaJoy). Cootek's "game full-process service" resources which are accessible to cooperation partners and its game distribution advantages have gained attention from many cooperation partners (CPs).

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