SHANGHAI, March 29 (Reuters) - China's Sky-mobi , the country's leading mobile application developer, sees its topline growth rate increasing at a slower pace than the industry this year, a top executive said on Tuesday.
"We will not be growing at that high of a rate," Carl Yeung, chief financial officer of Sky-mobi, told Reuters in an interview, comparing the firm's growth rate
to China's mobile Internet market, which he said was delivering annual revenue growth of 100 percent.
Yeung said Chinese operators' recent decision to switch to double or triple payment verification for the user has cut into revenues.
"It's already getting better, but it will take time for users to fully adapt to double and triple confirmation," he said.
The firm, which runs China's largest application store and a mobile community called Maopao, is also in talks with Japanese, South Korean and U.S. iPhone developers to create games for Sky-mobi's application store, Yeung said. (Reporting by Melanie Lee; Editing by Ken Wills)