Chinadotcom Expands to South East Asia
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Chinadotcom Corp announced this week that it is expanding its operations in Singapore in anticipation of explosive e-business and Internet advertising services growth in the South East Asia region.
"The move is part of Chinadotcom's commitment to invest in local talent finding the right local people on the ground who can deliver tailored e-business Internet solutions and content to customers and Internet communities," said Peter Hamilton, chief operating officer of Chinadotcom (CHINA). "It underlines our desire to be a leader in building the Internet in Asia from the grass roots up."
The company has been operating in Singapore since June 1999 through its subsidiary the Web Connection, which has a team of 50 staff.
The Web Connection will open a formal office soon in Singapore to offer Internet-based business solutions, according to company officials. The company expects that staff numbers will continue to rise rapidly this year.
Another wholly-owned subsidiary of Chinadotcom in Singapore is 24/7 Media Asia, which has been operating for a year. The company is an online advertising network of over 500 affiliates including Sony Corp, Mitsubishi Motor Corp, Compaq, Microsoft, KLM Royal Dutch Airlines, Ericsson, AT&T, Hewlett Packard, Samsung and Daewoo.
24/7 Media Asia currently employs over 160 people in nine countries across the region.
The Web Connection and 24/7 Media Asia together constitute Chinadotcom's operations across 10 Asian markets, company officials said.