ASIANET: Web Connection Continues Expansion in Asia


Web Connection Continues Expansion in Asia


Leading E-Business Integrator Open for Business in Thailand

HONG KONG, Jan. 4 /PRNewswire Asia-AsiaNet/ -- Web Connection, wholly owned subsidiary of chinadotcom corporation (Nasdaq: CHINA) and Asia's leading e-business integrator, today launched it's presence in Thailand through the acquisition of leading e-business services firm, Cyberimage, based in Bangkok, in a three-year buyout deal.

Cyberimage was an early entrant in the interactive industry, having started its services business in 1995. Since then, it has grown to 40 staff and helped companies such as Procter & Gamble, GE Capital, Hitachi, Panasonic, Toyota and Siam Cement bring their businesses online. "Adding Cyberimage's local knowledge and strong client base to Web Connection's Asian and global footprint will further bolster our position as Asia's leading e-business integrator," commented Web Connection President and Chief Operating Officer, Steve McKay.

Managing Director of Cyberimage, Pitinon Poonsaengsathit, added, "We are pleased to become part of the Web Connection and chinadotcom group of companies. Joining the strongest Internet company in Asia ensures the continued development of our business in a tough but very promising business environment. Thailand is a strategic Internet location in Southeast Asia, and its growth positions it well to lead its regional neighbors."

The Cyberimage deal follows Web Connection's recent entry into Europe through the acquisition of Revolution in the UK. These recent transactions reinforce Web Connection as a leading provider of truly global e-business strategies and solutions and help extend its local services to support its growing international client base.

Jon Winslow, Regional Operations Director, added, "Although Web Connection aims to expand organically, focused acquisitions such as with Cyberimage allow us to acquire first-rate talent, which helps accelerate the growth of our business to all corners of the world."

About Web Connection

Established in Hong Kong in 1995, Web Connection offers Internet strategies and solutions for major corporations that recognise the power of the Internet as a business platform and customer relationship channel.

Web Connection brings together a rare blend of core competencies - digital strategy, user experience, technology integration and e-marketing - which represents the core ingredients of a winning e-business solution. Web Connection has achieved an unparalleled Asian-based geographic footprint, with 1,000 staff in offices in Hong Kong, China, Singapore, Japan, Taiwan, Korea, Australia, USA, UK and now Thailand.

Major clients include HSBC, GE, Procter & Gamble, Cathay Pacific, Samsung, NTT DoCoMo, David Jones and Mandarin Oriental Hotels. For more information, please visit http://www.twc-asia.com.

About chinadotcom corporation

chinadotcom corporation (Nasdaq: CHINA; Website: www.corp.china.com) is a leading integrated Internet company offering e-business solutions, portal and e-marketing services. Through its three-dimensional business model, chinadotcom provides a full range of Internet services around the world that; 1) build e-business strategies and solutions (chinadotcom e-solutions), 2) distribute content via its portal network (chinadotcom portals), and 3) sell services through online marketing (chinadotcom e-marketing).

Fuelling the growth of these three business units is a synergistic investment strategy (chinadotcom ventures) that leverages chinadotcom's existing operational and cost infrastructure. By partnering with companies that have proven and successful track records, chinadotcom is well positioned to create long term shareholder value through its investments.

The company and its subsidiaries have offices in more than 10 markets, including Japan, Korea, Australia, Mainland China, Hong Kong, Taiwan, Singapore, Malaysia, Thailand, UK and the USA. For more information about chinadotcom corporation, please visit http://www.corp.china.com.

SOURCE Web Connection

CONTACT: Melanie Lowe-Hansen of Web Connection, 852-2864-1172, or fax, 852-2503-2389, or [email protected]

Web Site: http://www.twc-asia.com

http://www.corp.china.com





ข่าวchinadotcom corporation+the acquisitionวันนี้

สรุปข่าวเอเชียเน็ทประจำวันจันทร์ที่ 23 สิงหาคม 2547

30 สิงหาคม เอเชียเน็ท/อินโฟเควสท์ การซื้อกิจการ ฮ่องกง และแอตแลนต้า: ไชน่าดอทคอม คอร์ปอเรชั่น (chinadotcom corporation) ผู้นำในธุรกิจซอฟท์แวร์และโมไบล์ แอพพลิเคชั่นในประเทศจีนและต่างประเทศ ประกาศเมื่อวันศุกร์ว่า บริษัทเสร็จสิ้นการซื้อกิจการของบริษัทรอส ซิสเต็มส์ อิงค์ (Ross Systems, Inc.) โดยจะจ่ายเป็นเงินสด และหุ้นของไชน่าดอทคอม มูลค่า 65.7 ล้านเหรียญสหรัฐฯ ให้แก่ผู้ถือหุ้นของรอส ซิสเต็มส์ http://www.corp.china.c ผลประกอบการระหว่างกาล ฮ่องกง: ซิโนเพกซ์ เซี่ยงไฮ้ ปิโตรเคมิคอล คอมปานี ลิมิเต็ด

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