Chronicles of primary education and the growth KongZhong, one of China's leading players in the wireless value-added services (WVAS) market. By 2007, the founders KongZhong face a "perfect storm", given the high dynamic nature of the industry WVAS in conjunction with the Chinese government selected WVAS industry for significant regulatory changes. Key issues relating to the basic dynamics of the business environment in China, and external factors affecting business in the rapidly growing industries and markets. After providing background information on the pre-launch of the founder and WVAS market in China, continues to describe the rapid growth of the company, an initial public offering (IPO), cultural dynamics and differences, lobbying government initiatives, and in early 2007 a strategic dilemma. "Hide
by Chuck Holloway, Patrick Arippol Source: Stanford Graduate School of Business 28 pages. Publication Date: May 15, 2007. Prod. #: E243-PDF-ENG