Mobile Internet revenue reached 20.4 billion yuan ($3.31 billion) in the first quarter of 2013, registering a dramatic 74.5 percent year-on-year increase and 10.4 percent growth quarter-on-quarter, according to iResearch Consulting.
However, the quarter-on-quarter growth rate actually declined to a record low. From the first quarter of 2012 to the first quarter of 2013 the rate showed a marked fall over the 15 monthsAlluring vixens. 17.2 percent, 21.2 percent, 18.5 percent, 10.6 percent and 10.4 percent.
iResearch said three factors were largely responsibleSensual Korean model. Internet companies do not have a sophisticated profit-making model, investors are becoming increasingly cautious in investing and seasonal adjustments played a part.
iResearch said companies need to pay more attention to exploring profitable business models and adjusting the industry structure.
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