The Hong Kong office of digital transactions solutions provider
e-New Media has written off its internet business to focus on its
telecommunications and investments portfolio.
The company has also launched SMSinasia, targeting the 18 to 35-year-old
segment.
The company's internet businesses initially included WorldinAsia, 3-D
chat room and HyperCD, an online security system which allowed companies
to crack down on copyright issues.
The company's marketing and corporate communications manager, Charmaine
Cheng, said: "The internet is just one of our businesses. Our portfolio
also includes telecommunications projects and the operation of
recreational clubs in Hong Kong and Shanghai. We will limit our
investment in the internet market until the trading environment
improves."
However, the company's Singapore office will continue to offer
3-D animation services to clients.
E-New Media has partnered with mobile operators SmarTone, Sunday and
Extra to provide services such as mobile games, logos and downloads
through SMS.
