Seven Stars Cloud +21% to six-week high [Seeking Alpha]
SEVEN STARS CLOUD GROUP (SSC)
US:NYSE Investor Relations:
sevenstarscloud.com
Company Research
Source: Seeking Alpha
Seven Stars Cloud +21% to six-week highSeven Stars Cloud Group (NASDAQ:SSC) -- formerly Wecast Network, formerly You On Demand -- has spiked today to a21.4% current gain, up to its highest point since Aug. 11.A bit earlier, the company issued updates on key products and says it'sestablishing a technology patent portfolioaimed at protecting its e-commerce innovations.The effort will look to secure its proprietary Platform as a Service technology, the company says, including its VPaaS (Visual Platform as a Service) and TPaaS (Transactional Platform as a Service) work, now separated into two platform areas.It also says its Cloud SuperApp recommendation application will launch in app stores in Q4 for iOS and Android and promises "e-commerce and online shopping, video on demand, video/audio/text chatting and social networking, all under one roof," and a new corporate website being built by Ogilvy PR.Now read:Iron Mountain's Valuation Gap Is Narrowing »
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