Tom Group Limited, the Chinese-language media conglomerate in Greater China, said on Monday that Ule.com, a joint venture between Tom Group, a Chinese-language media conglomerate, and China Post, reported gross merchandise value of more than 60 million yuan by the end of June and revenue grew rapidly with double-digit growth each month.

The Hong Kong-listed company said it would launch a smartphone storefront community with Glu Mobile Inc in the fourth quarter in the mainland market.