500.com Ltd - ADR

NYSE:WBAI   10:00:00 AM EDT
4.14
+0.04 (+0.98%)
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500.com Ltd Stock, NYSE:WBAI

Phone: (86 755) 8633 0000
Number of Employees: 337

Description

500.com Limited provides online sports lottery services in the People's Republic of China. It operates as an aggregator and processor of lottery purchase orders from its registered user accounts. The company offers a suite of online lottery services, information, user tools, and virtual community venues. Its lottery sales services comprise individual lottery purchase, lottery pool purchase, automatic tag-along purchase, recurring purchase, and locked-in lottery number purchase services. The company provides its services through its mobile applications to mobile users, as well as through its online platform. As of December 31, 2015, it had 59.7 million registered user accounts. The company was formerly known as 500wan.com Limited and changed its name to 500.com Limited in October 2013. 500.com Limited was founded in 2001 and is based in Shenzhen, the People's Republic of China.