Last July the Hong Kong-based company became the first Asian Internet firm to IPO on Nasdaq. Since then, it has transformed itself into a diversified, pan-Asian powerhouse through some 50 investments around the region. But chinadotcom officials aren't leaving the cash in the bank.
Diversification gives chinadotcom the advantage of multiple revenue streams.
At the moment, Web Connection provides more than half of total revenues. But ideally, those proportions will flip. Portals, however, are almost infinitely scalable. Once the platform is set up, adding new users and advertisers costs virtually nothing. To realize those opportunities, the portals will need to become market-leaders.