WestJet Cancels 86 Flights as CUPE Strike Threat Disrupts Travel 
BHP Port Hedland Strike Set to Proceed as Wage Talks Continue 
Nike China Strategy to Lift Margins Despite $1 Billion Sales Hit, Bernstein Says 
Apple Restores Telegram to App Store After Content Policy Violation 
Telegram Restored on Apple App Store After Temporary Removal 
Chery Invests $75 Million in KG Mobility to Expand Global Automotive Partnership 
Boeing Stock Jumps as FAA Certifies 737 MAX-7 After Years of Regulatory Review 
FleetPartners Shares Jump After A$760 Million Takeover Proposal From Pacific Equity Partners 
SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation 
SK Hynix Bonus Dispute Deepens as Union Rejects Stock-Based Payout Proposal 
Novo Nordisk Eyes Turnaround as Oral Wegovy Challenges Eli Lilly in Weight-Loss Drug Race 
Colgate-Palmolive Reaffirms 2026 Sales Outlook Despite Weak North America Demand 
Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race 
Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations 
Capital One Says AML Review Led to Closure of Trump Organization Accounts 
Vast Eyes Hong Kong IPO as Chinese AI Unicorn Gains Momentum 
Taipei City, Taiwan, April 03, 2018 -- NowNews Digital Media Technology Co., Ltd. ("NDMT" or the “Company") (OTCQB: NDMT), a media company that provides news and multimedia platform services, announced that effective April 1, 2018, a maximum of 5% salary increase shall be offered to certain employees with outstanding performances at the Company’s majority-owned subsidiary, NOWnews Network Co. Ltd.’s (“NOWnews”), and an average of 3% salary increase shall be offered to other eligible NOWnews’ employees.
Over the past year, NOWnews’ reformation has led to an increase in its website traffic, for which NOWnews is now ranked No.2 among news websites and No.8 overall in Taiwan, according to Alexa.com. In addition, NOWnews’ website traffic is ranked at No.370 globally. At the beginning of 2018, the traffic and fan interaction rate hit a record high.
"We're genuinely appreciative of our loyal and gifted team at NOWnews and we are thrilled to share the benefits with them. We continue to look for ways to attract and reward the best talent to drive the success of NOWnews. " says Shang-Hong Lin, executive director of NOWnews.
About NowNews Digital Media Technology Co. Ltd.
NowNews Digital Media Technology Co. Ltd. is a U.S.-listed media holding company focusing on the global Chinese market. The Company's holdings in the media space include digital media, movie production and distribution, and music copyright. The digital media business engages in creating, collecting and distributing news and information through its website and applications on mobile phones or tablets. The Company’s subsidiary NOWnews is the largest online self-produced news content provider of Taiwan and the only Taiwanese online news website fully accessible in Mainland China. The movie production and distribution business engages in Internet movie, Internet drama and Internet show production, foreign movie import and production, movie marketing and advertising, and Internet personality business. The Company’s music copyright business owns copyright to more than 3000 hit pop songs and provides a full range of Karaoke products. In addition, the Company has investments in the banking industry in Southeast Asia.
For further information, please contact: Dragon Gate Investment Partners LLC Tel: +1(646)-801-2803 Email: [email protected]
