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NetDragon's Boyuan to Reach Eight-Digit RMB Revenue in 2011

Tencent Tech, 7/18/11

In a recent interview, Hu Zemin, CEO of Boyuan Wireless Websoft Technology, a subsidiary of Fuzhou-based online game developer and operator NetDragon Websoft (0777.HK), formed by the merger of 91.com and HiAPK.com, predicted that Boyuan would see mobile internet revenues in the eight figure range this year. Hu also revealed operations figures for the HiAPK Android Market and Android developer forum operations figures for the first time, saying that the site had more than 4 mln registered users, approximately 8 mln pageviews per day on average, and visits from roughly 450,000 unique IP addresses per day, with an average of more than 1.8 mln downloads per day. Hu said the company was considering setting up an operations team for the site in Beijing.

Hu also said that Boyuan's plans for this year include growing to 10 mln registered users, breaking 15 mln pageviews per day, and serving more than 3 mln downloads per day. He added that the company had not ruled out the possibility of listing independently.

Keywords: mobile application 91.com NetDragon Hu Zemin revenue wireless Android registered users 0777.HK Android Market Boyuan HiaPK IPO

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