TOM Group Limited () is a

technology Technology is the application of Conceptual model, conceptual knowledge to achieve practical goals, especially in a reproducible way. The word ''technology'' can also mean the products resulting from such efforts, including both tangible too ...

and Media listed on the Main Board of the Stock Exchange of Hong Kong. TOM Group's technology platform and investment-related businesses encompass Mobile Internet, E-Commerce, Fintech and Advanced Data Analytics sectors. In addition, its media operations include publishing and advertising. Headquartered in Hong Kong, the Group has regional headquarters in Beijing and Taipei. TOM Group is a member of CK Hutchison Holdings Limited.

History

The TOM Group was founded in October 1999 as a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

between Cheung Kong– Hutchison Group, Solina Chau and other investors. In March 2000, it was listed on the Growth Enterprise Market (ticker symbol: 8001). The Group has subsequently transferred its listing to the Main Board of the Stock Exchange of Hong Kong (ticker symbol: 2383).

Operations

Headquartered in

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

, the Group has regional offices in

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

and Shanghai with approximately 1,200 employees.

Technology

In 2007, TOM Group's publishing arm, Cite Media stepped into digitalization by riding on the established social networking site, Pixnet. Pixnet is the largest user-generated content platform in

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...

, focusing on sharing information on food, travel, beauty & style, 3C, and movies. In June 2014, TOM group also invested in a Hong Kong fintech player, WeLab, which is a company that operates online lending platforms in

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

and

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. Comprising over List of islands of Indonesia, 17,000 islands, including Sumatra, ...

. In March 2020, TOM Group invested in MioTech. MioTech leverages artificial intelligence and

big data Big data primarily refers to data sets that are too large or complex to be dealt with by traditional data processing, data-processing application software, software. Data with many entries (rows) offer greater statistical power, while data with ...

technologies to tackle sustainability and social responsibility challenges facing financial institutions, corporations, and individuals, such as

climate change Present-day climate change includes both global warming—the ongoing increase in Global surface temperature, global average temperature—and its wider effects on Earth's climate system. Climate variability and change, Climate change in ...

, carbon emission reduction and corporate governance.

Publishing

TOM Group publishing arm has developed into a publishing platform in Greater China. In Taiwan, a total of 40 publishers are consolidated under Cite Publishing Holding Group. Over 60 magazine titles with annual printing volume exceeding 29 million copies; a total of 5 new magazines on computer, digital related and lifestyle genres were launched. More than 2,000 new book titles; and the annual printing volume reached to 19 million copies; a total catalogue of 14,000 titles out of which 400 more were licensed for local production by publishers in Mainland China.

References

* Leung, H. "Forms snapped up in two hours; Stampede as tom.com goes public," Hong Kong Standard, 19 February 2000.

External links

* {{DEFAULTSORT:Tom Group CK Hutchison Holdings Companies listed on the Hong Kong Stock Exchange Publishing companies of Hong Kong Online companies of China Chinese companies established in 1999