Baidu and Youku Benefit From China's Continued Internet Growth
Five Star Equities Provides Stock Research on Baidu & Youku
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 01/13/12 -- China's internet sector continues to grow at a staggering rate as the country's middle class continues to expand. According to Gao Xinmin, vice president of the Internet Society of China, microblogging, electronic commerce and mobile payment services all continued to maintain a high speed of growth last year. Five Star Equities examines investing opportunities in China's Internet Sector and provides Stock research on Baidu, Inc. (NASDAQ: BIDU) and Youku, Inc. (NYSE: YOKU). Access to the full company reports can be found at:
The China Internet Network Information Center (CNNIC) recently announced that China had 505 million Internet users at the end of the November 2011 -- a total that exceeds the entire populations of many countries, including the United States. In addition, Chinese internet users with broadband connection have reached 15,509,000 users, an increase of 18.6 percent since last year. Smartphone users have surpassed 340 million, representing roughly 65.5 percent of all internet users.
Five Star Equities releases regular market updates on China's Internet Sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
China's Internet penetration rate stood at 37.7 percent, up 3.4 percent over the end of 2010, CNNIC said in a report released late last month. CNNIC added that the number of microblog users exceeded 300 million by the end of November, jumping from 195 million at the end of June.
Last month the Beijing city government said it would tighten control over popular microblogs that have vexed authorities with their rapid dissemination of news, giving users three months to register with their real names or face legal consequences, Reuters reports.
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Datum: 13.01.2012 - 13:20 Uhr
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