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QQ Led Chinese IM Market in Q1

Chinese web users' effective use time about instant messaging (IM) software amounted to 5.76 billion hours in total during the first quarter of 2009, soaring 42% year on year but dropping 0.4% quarter on quarter, according to a data report by iResearch Consulting Group, a leading Chinese Internet consulting firm.

 

QQ, the IM strength of Tencent Holdings Ltd. (SEHK: 0700), led the market and reached an effective use time of 5.054 billion hours, ranking first and accounting for 87.8% of the total, citing the report. MSN ranked second with a 3.7% slice, Fetion of China Mobile Ltd. (SEHK: 0941, NYSE: CHL) third with 3.4%, Aliwangwang of China's largest online consumer-to-consumer (C2C) marketplace Taobao.com fourth with 1.6%, and Tencent Messenger fifth with 1.1%.

 

The IM market had an web user coverage of approximately 200 million in March, making up about 70% of China's overall web users.

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