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 Tuesday, January 25, 2005
 Posted by Roberto
 1:24 AM   0 comments   

SMS IN CHINA UP 58% IN 2004

According to the statistics released by the Ministry of Information Industry, 217.76 billion short messages were sent in China in 2004, a year on year increase of 58.8 percent. SMS revenue in 2004 was 21.7 billion Yuan at 0.1 Yuan per message.

China added 64.87 million new handset users last year to bring the total number of users to 334.82 million, an average monthly growth rate of 5.4 million users.

According to the General Administration of Press and Publication (GAPP), China had 26.33 million online gamers in 2004. The online gaming market hit 2.47 billion Yuan in revenues in 2004, up 47.9 percent year on year.

Pacific Epoch

Unfortunately, during the latest stockmarket sessions, the Chinese online and wireless value-added service providers have seen their shares plummeting. Here is a list presenting the percentage changes from the 50 day moving average that occurred to some key players:
-19.42% KONGZHONG CORP
-15.40% LINKTONE LTD.
-26.31% SINA CORPORATION
-15.34% SOHU.COM INC

 
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