Ministry of Industry and Information Technology: In the first half of the year, the business revenue of Internet companies above designated size in my country maintained positive growth, and the decline in total profits narrowed further

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 Titan Media App reported on July 27, data from the Ministry of Industry and Information Technology showed that in the first half of the year, Internet and related service enterprises above designated size in my country (hereinafter referred to as Internet companies) completed Internet business revenue of 717 billion yuan, a year-on-year increase of 0.1%. In the first half of the year, the operating costs of Internet enterprises above designated size in my country increased by 5.4% year-on-year, and the growth rate dropped by 0.3 percentage points from January to May. The total profit achieved was 64.54 billion yuan, a year-on-year decrease of 6.2%, and the decline was 8.6 percentage points lower than that from January to May. As of the end of June, the number of APPs monitored in my country's domestic market was 2.32 million, the same as the number of the previous month. The number of mobile application developers reached 1.022 million, with a net increase of 50,000 in June; the cumulative downloads of third-party app stores on the shelves reached 2,204.9 billion, with a net increase of 50.6 billion in June.

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