The Week: City news - Phorm losses rise to $48m

Phorm's pre-tax loss stood at $48 million last year, compared with $32.1 million in 2007.

However, the targeted online advertising company claims it is making good progress internationally in markets such as South Korea. Despite the increase in losses, Phorm now plans to focus on growth in international markets.


Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus