Barrons cover story was on China. 10 Brands you should know. By 2020, about 850 million Chinese will live in urban areas, up from 650 million in 2010, says a McKinsey study. One in every five city-dwellers will be a first-generation migrant, and the range of goods catering to this urban sprawl makes brand choices a bigger individual statement. From Shanghai to Shenzhen, you are what you wear, where you shop, and what you drive. It talked about a couple partners MOBI has agreements with China Mobile and TENCENT. China Mobile
has more than 683 million customers and the world's largest telecom network
. Tencent has the world's largest customer base: 721 million registered users for its instant messaging service, 552 million social-networking users, and 373 million micro-bloggers like Yu Yang. Nearly 72% of revenue comes from an Internet services unit dominated by a maturing online games platform, so Tencent has expanded into other areas, like faster-growing e-commerce, online advertising, and mobile services by providing ringtones and text messages.
The company has more than 683 million customers and the world's largest telecom network