RealTime IT News Invests in WAP Provider

chinadotcom corp.'s announced Monday that it has taken a 30 percent stake in wireless application services provider Ltd.

The core business of is to develop cross-media portals for Internet content providers. The portals can run on WAP phones, personal digital assistants (PDAs) and WebTV platforms. has already teamed up with five of the six mobile operators in Hong Kong - C&W HKT, Hutchison Telephone, New World, Peoples and SmarTone - to offer portal-enabled interactive mobile WAP services. plans to launch portal-enabled WAP services for mobile users this year based on the technology provided by

According to company officials, potential applications can be based on communication modes (mobile ICQ and e-mail), entertainment and e-commerce. had approximately 3 million daily pageviews as at the end of February, company officials said., a subsidiary of chinadotcom, has established partnerships with a number of Internet companies including AOL, Netscape, 24/7 Asia, RealNetworks,, TheBigstore, Xinhua, Agence France-Presse, Reuters and eBay.