In terms of history to this "Chinese Yahoo" this all I could dig up so far --it dates back nearly one year.
Article 1 of 1 Egan Systems In Talks To Buy HK Business Data Provider Martyn Williams, Newsbytes 04/27/98 Newsbytes News Network (c) Copyright 1998 Post-Newsweek Business Information, Inc. All rights reserved.
TOKYO, JAPAN, 1998 APR 27 (NB). Egan Systems Inc. says it has agreed to enter into negotiations to acquire China Business Resources Co. Ltd. (CBR), a Hong Kong based operator of a large business database on China.
Representatives of the two companies recently met in Atlanta, Georgia, and concluded a deal under which CBR will resell Egan's COBOL computer language products in China. The second phase of the talks will be negotiations in Hong Kong and Beijing in May for Egan Systems to acquire this fast growing company, said Egan in a statement.
CBR, with offices in Hong Kong, Beijing and Shenzhen, is developing what it believes will be the "Chinese Yahoo" web directory and search engine, said Egan.
Reported By Newsbytes News Network: newsbytes.com
20:54 CST
Press contact: Tedrow Communications for Egan, 1-800-777-8098 /WIRES ASIA, BUSINESS, ONLINE/ Contact: Press contact: Tedrow Communications for Egan, 1-800-777-8098 /WIRES ASIA, BUSINESS, ONLINE/ |