Qtrax has announced that it would begin its global roll out with a launch in the Asia Pacific region on Thursday October 28th, 2009.
Initially Qtrax will operate in China, Hong Kong, Taiwan, Philippines, Indonesia, Singapore, Malaysia, Australia and New Zealand.
Before the end of the year it will launch in the US & Canada and the UK. Within the first half of next year it will roll out to the rest of the world.
Qtrax: “Asia and of course in particular China is a very compelling place for a global internet & music company to initiate its rollout. There are a myriad of stats that could be quoted but here are a few key ones: China had 298 million Internet users in 2008 and the number is growing at an annual rate of 41.9%. In Asia, Internet users grew by 474.9% between 2000 and 2008, as opposed to 280.7% for the rest of the world. More than any other online activity, China clobbers the US & the rest of the world in terms of music downloading- 83.7% download music in China Vs less than 40% in the US”.