China Mobile's business rocks

Interesting insight on China Mobile's business, extracted from an interview published in News.com of Wang Jianzhou, CEO of China Mobile, a mobile telecommunications service provider that is the country's fourth-largest company in revenue.

-- The revenue income from mobile music is more than the total income of the music industry (in China).

-- In one month, we downloaded a popular song. It is very popular. The name is "The Mouse Loves Rice," "Laoshu ai da mi" (laughter). And there were 5 million downloads per month. And every download costs two yuan (25 cents). That means 10 million yuan ($1.25 million) just for one song.

emily | 9:04 AM | Random Stats |
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