WEB BRIEFINGS: Chinadotcom buys into Korea Online

<p>Chinadotcom Corporation is bumping up its presence in Korea's </p><p>Internet space, striking an agreement to invest in online financial </p><p>services company KoreaOnline. The JV fund, with KoreaOnline and its </p><p>subsidiaries will boost Chinadotcom's presence in Korea, which covers </p><p>three offices and serves clients such as Samsung, Hyundai and LG </p><p>Electronics. Anchored in Seoul, the joint venture will support high-tech </p><p>and Internet projects in the region. Meanwhile, in the SAR, Chinadotcom </p><p>has teamed up with ClickThings China, pouring US$5 million into a </p><p>JV enabling Web users and businesses in Hong Kong, Taiwan and China to </p><p>create customised, ecommerce enabled website solutions. According to </p><p>Chinadotcom's chief technology officer, Mr Ed Hsu, ClickThings China </p><p>will create and manage websites through point-and-click interfaces, </p><p>industry-specific content, design combinations, and 'phone and Web-based </p><p>customer services support - all tailored to the mainland market. </p><p>Brandishing sister site Hongkong.com as ClickThings China's initial </p><p>sponsor, customer websites will be branded with the Hongkong.com logo - </p><p>also including direct mail and integrated promotions in its offerings. </p><p>Rolling out English language services in the SAR by June, both </p><p>Hongkong.com and ClickThings China will share revenue drawn from banner </p><p>advertising, ecommerce and Web hosting. </p><p><BR><BR> </p>

by | 04/14/2000