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China mobile firm Umessage eyes overseas listing

Wed Nov 11, 2009 6:13am EST

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SHANGHAI, Nov 11 (Reuters) - Chinese mobile telecoms services firm Umessage is eyeing a Hong Kong or U.S. listing in two years, a top executive at the firm said on Wednesday.

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Umessage, which partners China Mobile (0941.HK) (CHL.N) in providing mobile value-added services such as restaurant addresses and booking options, also intends to generate $100 million in revenue next year, the executive said, declining to be named.

China's mobile Internet market numbers far surpass the United States, where there were only about 40 million mobile Internet surfers at the start of the year, according to a JP Morgan report. (Reporting by David Lin; Writing by Melanie Lee; Editing by Greg Mahlich)

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