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The first home network mobile Internet business today Qin connection NYSE

by NancyJ on June 6, 2011

Voice economy, according to reports, as the first overseas listed companies in the mobile Internet, net of Qin will be held today (5) Connect to the Exchange New York United States. Net Qin successful registration is the greatest encouragement Chinese mobile Internet company, because the current in the listed companies are not truly mobile Internet companies. Experts offer tips for maintaining a clear business model is the subject of future development.
Net Qin world Technology Co., Ltd. as Vice President, Shihong Zou, said in an exclusive interview on the debut performance of the network Qin confident the company's net Qin also disclosed that the current route of U.S. show a good response, but details are still reluctant to Shihong Zou Shihong disclosed
Zou:. It's still in the competition because we are still silent on the prohibition does not meet this
The Net Qin traded on the NYSE. to "NQ" as a symbol, plans to issue 714 million American Depositary Shares ADSs, the range of issue price is U.S. dollars, 9.5 to 11.5, calculated according to the issue of central parity, the proposed funding of 75 million. This is compared to the previous Qin billion net financing in the amount of $ 25,000,000 or less, which is considered to be exposed 315, the cost of CCTV. However, the success of the network Qin mobile Internet market is still the largest companies in China to encourage, because the current in the listed companies are not truly mobile Internet business, we are still in the process of exploration, there is always one step away from the mass market segment.
Net Qin listed to U.S. on this kind of story, Analysys International analyst Lu Qin Li Bin is the only network that allows users to pay abroad, the national mobile Internet activity, which is also rare in the Internet domain .
Lu Li-bin: in the domestic market is concerned, his view is a basic service is free and advanced services for a fee model, he developed this model in foreign markets more mature recognition of its European markets and U.S. are relatively high degree.
The performance of overseas markets is indeed a good network of Qin capital markets of the United States is a story. Qin network development effort since 2009 to expand markets overseas, as the first quarter of 2011, the cumulative number of 85 million registered users, including more than 28.58 million users overseas while user fees are net Qin proportion of overseas total income has increased considerably in 2010, the proportion of income from overseas users 35.1% of total revenues.
China Mobile unlimited market opportunities to network security is about U.S. investors can Qin second floor. Net Qin said in the prospectus, as December 31, 2010, Qin network security from Chinese mobile phone market was 67.7%. China Internet Network Information Center estimates users will reach 434 million mobile security in 2014. Lu Li-Bin Qin think this is clearly foresaw the possibility of a network, because in that net market does
Lu Qin Li-bin:. 360 out of the country, then in addition, is a market leader, he was the only profitable phone antivirus companies, although it does not yield very high margins.
Listed, how to develop Web Qin Zou Shihong that mobile Internet will be further strengthened cooperation in the chain
Zou Shihong:. headwaters of our operators, our downstream developers of software applications, including storing third party applications, we continue to maintain close cooperation in upstream and downstream. We move with the operators play a role in safeguarding the security of the Internet, with mobile phone manufacturers, our software pre-installed.
However, Beijing University of Posts and professor of economics and management Jianqiu remind Internet companies, a clear business model is to maintain the orientation of future development
Zeng Jianqiu:. For a business, it takes a relatively long period of time to reach a judge, not under a short-term performance, or event, a longer observation.
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