Yahoo!, PCCW in online search deal
Yahoo! Hong Kong has teamed with PCCW Directories to expand in the online search market.
The portal will incorporate Internet Yellow Pages, a listing of 300,000 businesses operated by PCCW Directories, into its search-engine results.
No financial details for the deal were disclosed.
'In the past, we didn't spend too much effort on developing the small and middle-sized enterprise market,' Yahoo! Hong Kong general manager Alfred Tsoi said. 'However, we believe that market has a huge potential, with increasing contact between Hong Kong and China brought by the [closer economic partnership arrangement] and individual travellers.'
Yahoo! Hong Kong claims to be the top Web portal by audience size in the city.
The service is expected to boost advertising revenue for Yahoo! Hong Kong, which derived 65 per cent of its revenue from ad sales.