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Dolphin Browser Secures $30 Million Led by Changyou

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San Francisco, US, July 16, 2014 – MoboTap Inc. (“MoboTap”), the mobile technology developer behind the Dolphin Browser, has secured a new $30 million round of funding led by Changyou.com Limited (“Changyou” or the “Company”) (NASDAQ: CYOU), a leading online game developer.

“We went from a small startup to a company with 100 million users worldwide. The mobile browser is the gateway to the Internet on smartphones and our passion for creating the best mobile user experience has never changed. Changyou is very strong in China, SE Asia and Brazil and will be a great partner to help us expand in those countries. I am glad that they share our vision for the future of the mobile web and will be there to help us to strengthen our presence in emerging markets ” said Yongzhi Yang, CEO of Dolphin Browser.

Mr. Tao Wang, Changyou’s chief executive officer, said, “The success of Dolphin Browser clearly reflects the MoboTap team’s ability to translate their solid understanding of mobile users’ needs and strong technical expertise into successful products and a global business. I am excited to work with MoboTap and we will support Dolphin Browser to grow its market share even further.”

 

About Changyou

Changyou.com Limited (NASDAQ: CYOU) is a leading developer and operator of online games in China with a diverse portfolio of online games that includes several of the most popular online games in China, such as Tian Long Ba Bu, one of the most popular massively multi-player online (“MMO”) games in China, and Wartune (also known as Shen Qu) and DDTank, which are two popular web games in China. For more information, please visit http://ir.changyou.com.

 

About MoboTap

MoboTap is a mobile technology developer that is committed to advancing the mobile revolution by improving the way people experiences the mobile web through their smartphone devices. Founded and led by an international team of proven engineers and entrepreneurs, MoboTap has begun this revolution with the launch of Dolphin Browser, a free mobile browser specifically optimized for mobile users. The Dolphin Browser has been used by over 100 million users globally spread over 100 different countries and regions. It is a leading third-party mobile browser in developed markets, such as U.S., Europe and Japan.

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