China Mo­bile boosts con­tent sales for apps com­pe­ti­tion

China Daily (Canada) - - BUSINESS -

Chi­naMo­bile Ltd., the world’s largest phone com­pany by users, said it will boost sales of con­tent such as mo­bile games, mu­sic and e-books as com­pe­ti­tion from in­stant-mes­sag­ing ap­pli­ca­tions eats into voice and text. Chi­naMo­bile’s text-mes­sage vol­ume fell about 15 per­cent last year and de­clined about 22 per­cent from Jan­uary to April this year, Chief Ex­ec­u­tive Of­fi­cer Li Yue said at the com­pany’s an­nual gen­eral meet­ing in Hong Kong on Thurs­day. Chi­naMo­bile faces reg­u­la­tory changes and new­com­pet­i­tive threats that an­a­lysts es­ti­mate will cause the car­rier to re­port its largest an­nual profit de­cline since 1999. Net in­come fell 9.4 per­cent to 25.2 bil­lion yuan in the first quar­ter

of 2014, the com­pany re­ported last month. 21MEN and Love & Beauty. The brand, which was founded in 1984 and en­tered China in 2012, car­ries a va­ri­ety of styles and prod­ucts to suit all oc­ca­sions. Wed­nes­day that ware­houses with ca­pac­ity for 5,000 met­ric tons of ap­ples will be in use by the end of this year, mak­ing ex­ports to Cen­tral Asian coun­tries eas­ier. Along with Shaanxi, Gansu Prov­ince and Xin­jiang Uygur au­ton­o­mous re­gion, both on the his­toric Silk Road, pro­duce high­qual­ity ap­ples. Shaanxi Prov­ince has plans for co­op­er­a­tion with other ap­ple pro­duc­tion ar­eas in the sug­gested Silk Road eco­nomic belt to set up ap­ple stores in Xin­jiang and in Cen­tral Asian cities.

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