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Tom Plans To Re-start Internet Strategy(0) Yang Guomeng, the newly appointed CEO of Tom Group, has revealed the company’s Internet strategy in which Tom.com is positioned as an open and trans-network platform that not only provides mainstream services like e-commerce and instant messaging, but also is opened to all third-party applications. Last year Tom Online took itself off the public markets in the hope of avoiding continued strain from investor worries. The company had been accused in mainland China of sending mobile spam, and mobile services accounted for a majority of its revenue. Source : Chinatechnews |
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eBay Eachnet Suffered RMB104 Million Loss In 2007(0) Tom Group’s newly appointed CEO Yang Guomeng says the company’s big loss was mainly due to a one-time expenditure, particularly the payment for the use of eBay platform and the cost of promotion, but he does not say when eBay Eachnet can make up the deficit. Tang Meijuan, former CEO of Tom Group, who has reportedly resigned because of personal reasons, says the company’s acquisitions in the year also attributed to about RMB164 million in losses. Source : Chinatechnews |
