TOM Group Limited, Hong Kong

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TOM Group Company Description

Since everyone, including Dick and Harry, have Internet firms, TOM Group has moved beyond the Web. The company began with portal Web sites targeting audiences in China, Hong Kong, and Taiwan; but after the dot-com bust it moved into publishing (Business Weekly and PC Home), outdoor advertising (billboards, street-level signs, bus bodies), and television (through Chinese satellite channel China Entertainment Television, CETV). The company operates its Web holdings through subsidiary TOM Online. Majority owners include real estate developers Cheung Kong and industrial giant Hutchison Whampoa, both of which are controlled by Hong Kong tycoon Li Ka-shing.

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The Company Description provides a historical perspective of TOM Group's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of TOM Group's evolution in the marketplace.

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