Home | Business News | Browse by Publication | W | Wireless Business & Technology

China''s internet companies roar back to life--thanks to mobile phones: 80 billion SMS messages and 4 million new Chinese wireless subscribers a month in 2002. (Dateline China).

Publication: Wireless Business & Technology
Publication Date: 01-FEB-03 		Format: Online - approximately 724 words
Delivery: Immediate Online Access

Article Excerpt
After years of losses, China's three biggest Internet portals are making a sharp turnaround, posting their first profits and turning into a rare bright spot on the slumping NASDAQ stock market. Investors can thank China's love affair with the mobile phone.

The services still have to contend with China's low incomes and slow adoption of online commerce. But the turning point came when China Mobile, the country's largest mobile-phone company, introduced a system last year called micropayment, which lets portals share in revenues for wireless Internet access. Now NetEase.com Inc., Sina.com Inc., and Sohu.com Inc. can charge users who visit their Web sites via SMS. The portals...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.