Investor Update Call Scheduled Today at 4:30 p.m. ET
NEW YORK, Aug. 14, 2014/PRNewswire/ -- YOU On Demand Holdings, Inc. (NASDAQ: YOD) ("YOU On Demand" or the "Company"), a leading Video On Demand service provider in Chinadelivering Hollywoodmovies to mobile and TV screens, today announced its operating results for the three- and six-month periods ended June 30, 2014(a full copy of its quarterly report on Form 10-Q will be posted at www.sec.gov). Chairman Shane McMahon, CEO Weicheng Liuand President and CFO Marc Urbachare hosting an investor update conference call today at 4:30 p.m. ETto discuss the Company's recent results. To join the webcast, please visit the 'Webcasts and Events' section of the YOD corporate website, http://corporate.yod.com. Otherwise, the toll-free dial-in is: 877/407-3107; international callers should dial: 201/493-6796.
Shane McMahon, Chairman of YOU On Demand, commented, "During the first half of 2014 we successfully pivoted the Company's strategy and its resources to prioritize our IPTV, OTT and Mobile platforms. Given the exciting potential of these fast-growing distribution modes, which are increasingly popular amongst China'stech-savvy and most active consumers of entertainment, YOU On Demand expects to continue generating positive momentum from this strategic shift. As a result, we expect to generate both improved operating efficiencies and enhanced financial results during the second half of this year."
Ideanomics, Inc. (Ideanomics) is focused on facilitating the adoption of commercial electric vehicles (EVs). The Company conducts its operations globally in one segment with three business units, including Ideanomics Mobility, Ideanomics Energy, and Ideanomics Capital. Ideanomics Mobilityâs business unit focuses on electric vehicles, including mid and last-mile delivery trucks and vans, tractors, and two-wheelers. Ideanomics Energyâs business unit focuses on charging and energy-related products and services. Ideanomics Capitalâs business unit focuses on providing financing support for the Companyâs Mobility and Energy business units. Through its subsidiaries, VIA Motors International, Inc. and Wireless Advanced Vehicle Electrification, Inc., the Company offers an integrated EV and charging solution for commercial fleets. Its principal facilities include properties in North America, Europe and Asia for manufacturing and assembly, warehousing, engineering, retail and service locations.