Share Name | Share Symbol | Market | Type |
---|---|---|---|
Tom Group Limited (PK) | USOTC:TOCOF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0738 | 0.0738 | 0.0738 | 0.00 | 01:00:00 |
Chinese media company TOM Group Ltd. (2383.HK) said Tuesday its Chinese Internet unit has removed Google Inc.'s (GOOG) search service from its portal following the expiry of a cooperation agreement with Google.
"As a Chinese company, we adhere to rules and regulations in China where we operate our businesses," TOM Group said in a statement.
TOM Group, controlled by Hong Kong tycoon Li Ka-shing, offers only Baidu Inc.'s (BIDU) search service on its Chinese Internet portal www.tom.com.
TOM Group declined to elaborate on why it dropped Google's search service when contacted by Dow Jones Newswires.
The statement came after Google said Monday in the U.S. that it was redirecting people who visited its Chinese site, Google.cn, to an uncensored Chinese-language version of its service hosted in Hong Kong.
-By Lorraine Luk, Dow Jones Newswires; 852-2802-7002;lorraine.luk@dowjones.com
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