Pacific Online Ltd. Listed Among Forbes China's Top 100 Public Small Businesses for 2012
SHENZHEN, China, Feb. 7, 2012 /PRNewswire/ -- Pacific Online Ltd. (HKSe: 543) ("Pacific Online," the "Company" or the "Group"), a leading internet content provider in China, today announced that Forbes China, the licensed Chinese edition of Forbes, has listed the Company as one of the top 100 publicly traded best small businesses from China for 2012.
The rankings are part of an annual list published by Forbes China. Over 10,000 companies, with 2010 revenues ranging from RMB 5 million to RMB 1 billion, were reviewed. Top companies were selected based on criteria including their growth history, return rates, profits, and size.
Mr. Wai Yan Lam, chairman and CEO of Pacific Online, said, "We are pleased to be recognized by a respected business publication like Forbes. Over the past several years we've stayed abreast of technology trends to become one of China's leading web portals. As the role of the internet and mobile technology continues to rise for Chinese consumers, we remain confident in our business and our ability to create value for our shareholders."
About Pacific Online Ltd. (corp.pconline.com.cn)
Pacific Online is one of the leading Internet content providers in the PRC in terms of total advertising revenue. The Company operates six vertically-integrated portals, which, according to industry practice, are portals that focus on specific content. Among the Company's portals are PConline, the largest portal in the PRC specializing in IT product-related content, in terms of advertising revenue, and PCauto, the largest portal in the PRC specializing in automobile-related content, in terms of advertising revenue.
Safe Harbor Statement
This press release contains forward-looking statements which are subject to risks and uncertainties. Actual results may differ from those discussed in the press release. In addition, any projections about the Company's future performance represent management's estimates as of today August 23, 2010. The Company assumes no obligation to update these projections in the future as business and market conditions change.
For further information, please contact:
Pacific Online Ltd.
Hudson Wong
Company Secretary
Tel: +852 2121 0634
Email: [email protected]
Christensen Investor Relations
Tip Fleming
Tel: +852-2117-0861
Fax: +852-2117-0869
Email: [email protected]
Teal Willingham
Tel: +86 10 5826 4988
Email: [email protected]
SOURCE Pacific Online Ltd.
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