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| The group recently acquired a 100% interest in Tradus, a leading provider of consumer-to-consumer e-commerce platforms in Central and Eastern Europe, plus a 97% interest in Gadu-Gadu, a leading instant-messaging platform in Poland. In China Tencent extended its leading position in a fiercely competitive market. mail.ru has also performed well in a growing Russian environment. |
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In Brazil the group started expanding its internet activities in collaboration with its local partner, Abril. In India a joint venture with Tencent was concluded to build a social network platform that incorporates products such as instant-message services, e-mail and online games into the ibibo products. The group has also invested in companies offering internet services on mobile phones. During the year we acquired an interest in Nimbuzz, which focuses on instant-messaging, mobile voice over internet protocol (VoIP) and telecommunications applications.
CHINA
Tencent strengthened its position in China by growing its instant-messaging, portal and premium services platforms. As at March 2008 the QQ instant-messaging platform reached 317 million active user accounts, with 40 million simultaneous peak-time users. Tencent’s QQ.com portal and wireless service portals also improved their product offerings and grew user traffic. The QQ Game portal reached four million simultaneous peak-time users.
THAILAND
Sanook! strengthened its leadership position as a Thai portal, achieving an average of
20 million daily page views in March 2008. The company is beginning to develop
e-commerce in Thailand. In addition, its online advertising network has expanded. The objective is to further grow and diversify revenue streams.
INDIA
The 18-month-old ibibo operation is one of the fastest-growing Indian internet clusters, empowering users to create and share information and to find friends. Daily page views increased monthly. The main office is located in Gurgaon, with a development office in Bangalore and a sales office in Mumbai. ibibo ’s focus now is to launch its integrated instant-messaging, e-mail and gaming applications, expand its advertising sales and promote user-generated content. |
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