Is required for energy production. Since we operate in a highly competitive market, brand maintenance and enhancement directly affect our ability to maintain our market position. In addition, with respect to specific services offered online, we or the service or content providers may be subject to additional separate qualifications, permits, approvals or licenses. If we are unable to attract, train and retain qualified personnel, our business may be materially and adversely affected. While this decision adversely affects our operating results in the short-term, we believe it enables us to provide higher quality user experience on YY Client, which will help us expand and maintain our current large user base and create better monetizing potential in the long-term. However, it is unclear whether the CSRC officially issued or submitted such a report to a higher level government authority or what any such report provides, or whether any new PRC laws or regulations relating to variable interest entity structures will be adopted or what they would provide. For security and anti-fraud purpose, the Company may require the purchaser of the Game Items to provide personal information such as name, address, phone number, social security number, and copy of picture ID.

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You agree that all actions or proceedings arising in connection with this Agreement shall be tried and litigated exclusively in the state or federal if permitted by law ddatnk a party elects to file an action in federal court courts located in Los Angeles, State of California.

We have determined that the costs of insuring for these risks and the difficulties associated with acquiring such insurance on commercially reasonable terms make it impractical for us to have such insurance. Li, Lei and Zhao to abide by the laws of the Cayman Islands, which provide that directors have a duty of care and a duty of loyalty to act honestly in good faith with a view to our best interests.

This annual report contains forward-looking statements that involve risks and uncertainties. If Guangzhou Huaduo or Beijing Tuda undergoes a voluntary or involuntary liquidation proceeding, the unrelated third party creditors may claim rights to some or all of these assets, thereby hindering our ability to operate our business, which could materially and adversely affect our business, financial condition and results of operations.

If you request any technical support, you consent to our remote accessing and review of the computer you load the Software onto for purposes of support and debugging. Modifications to the Rules of Conduct will be effective immediately upon posting. We believe that advertising on Mobile YY may. In addition, if such conflicts of interest arise, Beijing Huanju Shidai, our wholly owned PRC subsidiary, could also, in the capacity of Messrs.


An important element of our strategy is to continue to further develop enhanced features for Mobile YY to capture a greater share of the growing number of users that access internet services such as ours through mobile devices.

In addition, we will take reasonable steps to assure that third parties to whom we transfer any data will provide sufficient protection of personal information. We do this to better understand and serve our customers.

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Visitors purchasing products or services will be required to provide additional information such as a valid credit card number, expiration date, and shipping and billing addresses. As we further develop and expand our video capabilities and functions, we will need to obtain additional qualifications, permits, approvals or licenses. First, each individual user may register more than once and therefore have more than one account, and sign onto each of these accounts during a given period.

Our ability to finance our planned expansion also depends in part on our ability to convert active users into paying users and increase the average revenue per paying user, or ARPU, and successfully compete in a very competitive market.

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Phosphorus — Helps with formation of bones and teeth. In relation to voice-enabled technology, several internet voice communication service providers in China, including iSpeak, Tencent’s QQtalk and Dudu, and leading international internet voice communication service providers, such as Skype, are expanding in the China market, and some other leading Chinese internet companies have announced the launch of internet voice communication services.

If some of these technologies are later proven to be important to our business and are used by third parties without cla authorization, especially for commercial purposes, our business and competitive position may be harmed.

As a result of these grants and potential future grants, we had incurred in the past and expect to continue to incur significant share-based compensation expenses in the future.

However, our platform does not require real-name registration by our users and because a majority of the communications on our platform is conducted in real ddtakn, we are unable to verify the sources of all information posted thereon or examine the content generated by users before they are posted. We may change the revenue model for some of our online games if we believe the existing models are not generating adequate revenues. Except as provided in this Agreement, any changes to this Agreement must be in writing and signed by The Company and you.


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Operating and Financial Review and Prospects” included elsewhere in this annual report. Internet data centers in China are generally owned by telecommunication service providers with their own broadband networks and are leased to various customers through third party agents.

Further, the claims under any patents that issue from our patent applications may not be broad enough to prevent others from developing technologies that are similar or that achieve results similar to ours.

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A ca, or prolonged downturn in the global or Chinese economy could materially and adversely affect our sdtank, financial condition and results of operations. If our PRC consolidated affiliated entities fail to obtain and maintain the requisite licenses and approvals required under the complex regulatory environment for internet-based businesses in China, our business, financial condition and results of operations may be materially and adversely affected.

Customer Service Based upon the personally identifiable information you provide us, we will send you a welcoming email to verify your username and password.

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Please be advised that personal information submitted by individuals acting solely in a business capacity e. Inonline music and entertainment contributed Ngames Points Card, once purchased, is not refundable, in whole or in part. To ensure fair edtank, The Company does not allow the use of any cheating programs such as macros, bots, or mouse simulators etc.

The Regulation on Three Provisions stipulates that the MOC is authorized to regulate the online game industry, vdtank the GAPP is authorized to approve the publication of online games cao their launch on the internet. Although we have become less dependent upon online advertising revenues due to a shift in the majority of our revenues from online advertising to IVAS, our profitability and prospects still partly depend on the continuous development of the online advertising industry in China and advertisers’ allocation of budgets to internet advertising.