1. Friday May 25, 2018
      Home > News > Science
      Text:| Print|

      China Mobile to challenge WeChat

      2013-04-17 08:29 China Daily     Web Editor: qindexing comment
      An advertisement for Fetion, an instant-messaging service provided by China Mobile Ltd, in Yichang, Hubei province. Provided to China Daily

      An advertisement for Fetion, an instant-messaging service provided by China Mobile Ltd, in Yichang, Hubei province. Provided to China Daily

      China Mobile Ltd, the nation's biggest telecom operator, has launched public bidding for operating its Fetion service, an instant messaging tool similar to Tencent Holdings Ltd's WeChat.

      Previously, Fetion was solely operated by Beijing Ultrapower Software Co Ltd.

      China Mobile's move is seen by many analysts as a strategic step to restructure Fetion and take on Tencent's WeChat.

      Growth Enterprise Board-listed Ultrapower applied for a one-day trading suspension for "potential major incidents" on Monday. The company resumed trading on Tuesday, but its stock price dropped by the daily limit of 9.99 percent, closing at 18.56 yuan ($3).

      China Mobile's Guangdong branch is conducting the bidding process. Four subsidiary projects, worth 638 million yuan, are listed in the tender.

      Zhang Qianshan, general manager of Ultrapower's strategic investment department, said China Mobile wants to enhance its presence in the mobile Internet sector.

      "An open tender is to introduce competition, which will be good for Fetion's development," he said.

      Li Zheren, an analyst with Beijing Gaohua Securities, expected Ultrapower to win the majority of contracts from China Mobile, based on its experience and talent pool.

      "Before the announcement of the open tender result, there will be pressure on Ultrapower's stock price in the short term," he said.

      Launched in May 2007, Fetion once enjoyed great popularity and attracted hundreds of millions of users in China.

      However, the service faded out recently, largely due to strong competition from Internet companies such as Tencent and Sina.

      In mid-March, media reports said that Chinese telecom carriers, led by China Mobile, are likely to start charging Tencent for hosting WeChat.

      Telecom operators claimed that the WeChat service consumed too much traffic on their wireless networks but returned few benefits.

      In addition, fewer people were using the voice and short messaging services provided by telecom operators, which further hampered the carriers' financial performance.

      "We have seen the rising strategic position that Fetion holds in China Mobile's business range," said Xiang Ligang, a Beijing-based industry insider. But he expressed pessimism about Fetion's prospects due to Tencent's dominance in the sector.

      Kevin Wang, director of China electronics research at IHS iSuppli, said it is good for China Mobile to bring in more powerful partners to its Fetion service.

      "New partners may introduce fresh ideas in terms of product design, marketing and may help improve Fetion's user experiences," Wang said.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 特级做A爰片毛片免费看无码| 亚洲av午夜福利精品一区人妖| 亚洲成a人片在线观看播放| 日韩精品无码免费专区午夜| 在线观看日本亚洲一区| 每天更新的免费av片在线观看| 亚洲AV无码一区二区二三区软件 | 久久亚洲精品国产精品| 一区二区三区无码视频免费福利| 亚洲日韩精品射精日| a级毛片毛片免费观看久潮喷| 亚洲人成色77777| 97在线视频免费公开观看| 亚洲人色大成年网站在线观看| 永久免费av无码网站韩国毛片| 亚洲色大成网站www尤物| 国产成人无码区免费A∨视频网站| 亚洲精品GV天堂无码男同| 国产真实伦在线视频免费观看| 永久免费无码日韩视频| 日韩精品免费一级视频| 亚洲w码欧洲s码免费| 免费无码看av的网站| 一本一道dvd在线观看免费视频| 亚洲精品蜜桃久久久久久| 最近最好最新2019中文字幕免费| 久久亚洲最大成人网4438| 国产女高清在线看免费观看| h片在线播放免费高清| 亚洲第一中文字幕| 在线a毛片免费视频观看| 一级免费黄色大片| 亚洲精品成人久久| 最近免费中文字幕中文高清| 亚洲视频在线视频| 日韩精品无码人妻免费视频| 亚洲嫩草影院在线观看| 免费看国产一级特黄aa大片| 久草视频在线免费看| 亚洲国产精品无码久久久秋霞1| 亚洲一区无码精品色|