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Tom.com continues to burn cash in an attempt to build critical mass. The Hong Kong-based portal company lost HKdollars 163.9 million (USdollars 21.02 million) during its third quarter, and HKdollars 357.8 million in the year to date. The sizeable losses reflected the company's policy of aggressive...
Rival portal operator, Beijing-based NetEase.com, has also announced third-quarter losses. The company lost USdollars 5.02 million during the quarter ending 30 September, on revenues of dollars 2.55 million, of which dollars 2.21 million came from advertising and dollars 0.33 million from e-commerce....
Pacific Century CyberWorks' Internet Protocol Backbone Company, a joint venture with Australia's leading telco Telstra, has raised a USdollars 2 billion loan. The loan will be led by Chase Manhattan Bank and Barclays Bank. It will be used to pay PCCW for the assets it contributed to the venture.
Hong Kong-based event planning web site EventClicks (www.eventclicks.com) has acquired real-world event management company Global Events Marketing Services (GEMS). EventClicks, a subsidiary of e-Kong Group, will absorb GEMS' services and staff, including its key senior personnel. GEMS currently...
Indonesian ISP operator Dyviacom, which is listing on the Jakarta stock exchange with a sale of 64 million shares, has said that it expects to become profitable next year. The company, which is looking to a big increase in subscriber numbers to drive it towards profitability, is planning to...
United Airlines is giving its frequent flyers the chance to accumulate air miles while they use the web. The airline last month began to offer its new United dashBar web companion to its 38 million Mileage Plus members. The bar enables United to persistently brand the customer's desktop...
'? And yet the strong consumer uptake of HSBC's two-month-old e-banking service suggests that time ... time, and even local banks like Dah Sing and Bank of East Asia have had it up and running for over a ... . The future looks bright indeed for the company when it eventually unleashes its full suite of financial ...
that can be personalised and unsubscribed to at any time like the one offered at www.gorillasia.com. These newsletters save me time, which is a good thing since I use the web to either save time or waste time. For me, saving time mostly has to do with learning more about online marketing issues; wasting time ...
Financial services companies have traditionally been among the most enthusiastic commercial internet users. It makes sense: financial products are intangible - there's no physical matter to shift ... 's also a good way for financial companies to cut their overheads - an online transaction is always ...
Financial content provider StockHouse has been signed up by MSN Hotmail as one of the partners for its WebCourier newsletter in Asia. Hotmail users can opt to receive and personalise the newsletter with their own interests. StockHouse will offer financial coverage in Chinese, focusing on Hong Kong. ...
Welcome to the first incarnation of a new element in Campaign in which we invite experts to burrow beneath the surface of the catch-all that is "digital". Google, Isobar Mobile, JWT London, LBI and MBA share their insights on mobile.
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