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NetDragon 2011 mobile revenue to reach 10 million yuan, more focus on Android

July 19, 2011

Zeming Hu, NetDragon’s CFO and Boyuan’s CEO, said recently that NetDragon’s mobile revenue of 2011 will reach 10 million yuan.

Hu also revealed the Android operation data for the first time, and that NetDragon is planning to establish an Android operation team in Beijing, increasing its investment in Android Market.

NetDragon’s mobile business started in 2007, and then the 91 Mobile Business Departments and the Hiapk.com were established. NetDragon combined the two into “Boyuan” this April.

Hu pointed out that Boyuan is in a leading position in distribution business of iOS and Android thanks to 91 and Hiapk. He also predicted that NetDragon’s mobile revenue of 2011 would reach 10 million yuan and they were planning an IPO next year.

Hu believed that Android will be the largest mobile operating system and NetDragon must seize the opportunity.