Type of site | web portal |
---|---|
Available in | Chinese |
URL | tom.com |
Commercial | Yes |
Launched | June 1997 |
TOM Online is a mobile Internet company in China, operating the popular Chinese-language Internet portal (www.tom.com) and offering a variety of online and mobile services, including wireless internet and online advertising. It is a subsidiary of the TOM Group, controlled by Li Ka Shing.
The company, then named TOM.com, was first listed on the Growth Enterprise Market on March 1, 2000, [1] and on the NASDAQ on March 10, 2004. It set a record in Hong Kong when it listed: shares closed at 3.35 times its offer price on the first day of trade. [2]
Tom Group, which owned 66 percent of the company, announced in March 2007 that it would pay HK$1.57 billion to buy out minority shareholders in the company, valuing each share at HK$1.52. A vote on the deal was scheduled for June 8, but was postponed to August 10. [3] Morgan Stanley said in a report in March that the fair value for Tom Online would be HK$1.90 per share. The delay in the vote was seen by an analyst that the company was "not confident about getting approval from majority shareholders for the deal... The general feedback in the market is that the price suggested is quite low." [4]
The company has since been taken private. [5]
TOM Online exclusively offers the Chinese version of Skype, which has been modified for the Chinese market and seems to include a text filter for political keywords. [6]
PCCW Limited is a Hong Kong-based information and communication technology (ICT) company.
Sir Ka-shing Li is a Hong Kong billionaire business magnate, investor, and philanthropist. As of 2023, Li is the 38th richest person in the world, with an estimated net wealth of US$37.5 billion. He is the senior advisor for CK Hutchison Holdings and CK Asset Holdings, after he retired from the Chairman of the Board in May 2018; through it, he is the world's leading port investor, developer, and operator of the largest health and beauty retailer in Asia and Europe. Forbes magazine released its Hong Kong fortune league chart in February 2021, which showed that Li Ka-shing had reclaimed his prime position as Hong Kong's richest person, with his net assets topping US$35.40 billion.
Richard Li Tzar-kai is a Hong Kong businessman and philanthropist. The founder and chairman of the private investment group Pacific Century Group (PCG), Li started his career in the 1990s with the founding of STAR TV, a pan-Asian television network. After founding PCG in 1993, he went on to establish PCCW and HKT Trust.
TOM Group Limited is a technology and Media listed on the Main Board of the Stock Exchange of Hong Kong. TOM Group has technology operations in Social Network, Mobile Internet; and investments in E-Commerce, Fintech and Advanced Data Analytics sectors.
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Henderson Land Development Co. Ltd. is a listed property developer in Hong Kong and a constituent of the Hang Seng Index. The company's principal activities are property development and investment, project management, construction, hotel operation, department store operation, finance, investment holding and infrastructure. It is the third largest Hong Kong real estate developer by market capitalisation. The company is controlled by Lee Shau Kee, who owns approximately 70.17% of the share capital as of June 2015.
Solina Chau Hoi Shuen (周凱旋) is a businesswoman in Hong Kong, a business partner in the Cheung Kong Group, and the director of the Li Ka Shing Foundation. She is also a major stockholder in Tom.com, a publication and advertising company in the People's Republic of China.
Hutchison Asia Telecom Group or HAT, is a division of Hong Kong-based multinational conglomerate CK Hutchison Holdings. The division provides telecommunications services to several Asian countries. The division was formerly incorporated as Hutchison Telecommunications International Limited, known as Hutchison Telecom or HTIL in short. It was an offshore company in the Cayman Islands and a listed company in the Stock Exchange of Hong Kong. It operates GSM, 3G and 4G mobile telecommunications services in Indonesia, Sri Lanka and Vietnam under brands 3, Hutch and Vietnamobile.
3 (Three), also known as Hutchison 3G, is a global brand name owned by Hutchison 3G Enterprises S.A.R.L., under which several UMTS-based mobile phone networks and broadband Internet providers operate in Hong Kong, Macau, Austria, Denmark, Indonesia, Ireland, Italy, Sweden, and the United Kingdom.
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