Andy Parng is starting up a new Sologamoco company that develops services in the social, local, gaming, mobile, and commerce areas. We have a small team in Beijing and another small team at Innospring in Santa Clara. The China team is working on the social gathering service called 一块儿 (Yikuair or “Groove With Us” in US) and the US team is working on the social payment service called PayEVER (or 一块付 YikuaiPay in China). Both services are targeting the two largest Internet markets: US and China. Both services will be launched in the summer of 2012.