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Technology Stocks : China.com Corp-(CHINA) -- Ignore unavailable to you. Want to Upgrade?


To: Hans U. Tschanz who wrote (17)7/6/1999 12:07:00 PM
From: william binder  Read Replies (2) | Respond to of 504
 
Pardon me---when will this ipo occur? Thanks--BB



To: Hans U. Tschanz who wrote (17)7/12/1999 12:35:00 PM
From: Mohan Marette  Respond to of 504
 
Just got my prospectus and here is an excerpt about Shareholders & Strategic alliances.

Quote:

" We have established strategic alliances and business partnership with internationally recognized content,technology,distribution and advertising companies.Our alliances include our relationship with Xinhua News Agency,China's official news agency,which provides us with content and translation services and advice regarding Internet regulations and other PRC regulatory issues.Xinhua is a major shareholder of China.com and will own approx. 11% of our shares immediately following the completion of this offering.Xinhua has substantial regulatory authority over distribution of foreign economic news and information within China and has the authority to regulate the activities of foreign news agencies in China.

We also maintain an alliance with 24/7 Media to provide online advertising services in Asia, 24/7 Media will own apporx. 8% of our shares immediately following the completion of this offering. In addition, the CEO of 24/7 Media sits on our Board of Directors. China.com and 24/7 Media are developing and marketing a pan-Asian network of Advertising Affiliates that deliver advertising utilizing proprietary Internet ad serving technology developed by 24/7 Media.

Our other prominent shareholders include America Online,Inc; New World Infrastructure,one of Hong Kong's leading infrastructure and development organizations; and CMC Magnetics,a Taiwanese company that is one of the world's largest manufactures of compact discs. America Online has provided us with substantial financial support through their 10% equity investment in China.com prior to this offering and has warrants to acquire another 15% of China.com subsequent to the completion of this offering. New World Infrastructure will own approx. 18% of China.com immediately following the completion of this offering and provides us with substantial support and strategic services in the operation of our business in the PRC. CMC Magnetics is a partner in the development of our Taiwan portal.....'

'We formed our Advertising Network in the fourth quarter of 1998 to an agreement with 24/7 Media Inc,a U.S publicly held Internet advertising firm. We are licensed to use "24/7 Media" brand name and 24/7 Media's proprietary Internet advertisement delivery technology which, in conjunction with our own proprietary advertisement delivery technology,we use to deliver advertisements to Advertising Affiliates in the following countries,collectively referred to as our Advertising Territory:

*People's Republic of China *South Korea *Vietnam *Laos
*Hong Kong SAR *Singapore *Thailand *Cambodia
*Taiwan *India *Philippines*Brueni
*Japan *Australia *Malaysia *Myanmar



At the end of the fourth quarter of 1998 and the end of the first quarter 1999,we had recruited four and eight Advertising Affiliates to our Advertising Network. As of June 1999, we had recruited over 140 Advertising Affiliates to our Advertising Network from eleven different countries throughout our Advertising Territory. We plan to continue to aggressively recruit Web sites based in our Advertising Territory in order to expand our Advertising Network and provide a diverse base of attractive online content for advertisers. Although advertising revenues generated by our Advertising Network accounted for only 19% of the our total revenues in 1998,we expect this percentage to increase in the future through improvements to our Portals and recruitment of additional Web sites in Asia to our Advertising Network.....'

We also provide services to companies throughout Asia seeking to utilize the Internet to facilitate their business process online. We refer to these services as web Solutions services and they include:

*strategic consulting on the client's use of the Internet as a business tool.

*technology integration

*creative Web design

*online integrated marketing; and

*Web site hosting and maintenance

We expanded our Web Solutions services in January 1998 when we acquired the Hong Kong Web Connection, also known as the The Web Connection, a Hong Kong based company organized in 1995.....'