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Internet market jumps 21% in Q1

CHINA'S mobile Internet market added 21 percent in the first quarter from the same period last year to 30.6 billion yuan (US$4.9 billion), an industry report said.
The number of mobile Internet users increased 5.1 percent from that of a year ago to 450 million due to the rising popularity of smart phones and tablet computers, research house Analysys International said in a report today.
Mobile shopping has boomed this year with a transaction volume of 10.8 billion yuan in the first three months, more than the total of 10.5 billion yuan for all of 2011 as online vendors rushed to appeal to smart phone users.
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