Chen: Mobile Internet product lifecycle development faster

"TechWeb report," September 4 News, chairman and CEO of Chen today in the "China Mobile Internet Investment and financing forum," said the mobile Internet product cycle shortened, the future will be more "one-year mergers and acquisitions, one-year listing" of fast companies emerging, Chinese Internet companies will also face global competition.

Chen says the IT revolution may only be 100 years old, and the mobile internet is the last wave of the end of the IT revolution. In this wave frenzy will produce more great mobile Internet domain companies.

At the same time, Chen that the mobile internet and the traditional internet is very different, the mobile Internet product life cycle relative to the traditional Internet product development faster. There will be more "one-year mergers, one-year listings" of fast companies emerging in the future mobile internet sector.

As the mobile Internet changes in the telecommunications, media and technology industries, it can fully meet the user's use of fragmented

Application will promote the birth of a world-class company. In addition, Chen stressed that in the context of the globalization of mobile Internet, Chinese Internet companies will face competition from the global elite Internet companies. (Ningmeng)