China Mobile boosts content sales for apps competition
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.