Internet Business Swallows Millions

Published: 17 February 2001 y., Saturday
Companies offering e-business and Internet services are satisfied with their internal development, and the funds placed into Internet business are expected to start bringing a return within three to five years. "So far, the Delfi portal has cost one million dollars (15,6 million kroons)," Delfi marketing manager Allan Sombri said. The Internet portal Delfi.ee is a part of the Internet and computer company Microlink; the portal was originally named Online.ee. Microlink hopes to earn back the money put into portal development within three to five years. Sombri is satisfied with Delfi`s development at the moment, which he says has progressed without any significant setbacks. The Osta.ee on-line auction site belongs to investment bank Lõhmus, Haavel and Viisemann. Rain Lõhmus, an LHV owner, did not wish to disclose specify how much money has been placed into developing the portal to date. The estimated worth of the webpage website is between half a million and 2 million kroons. According to Lõhmus, it is currently difficult to say exactly when the owners expect exepct to get back the money invested into the Internet business. "The portal is not just a program project, there are also people behind it," Lõhmus said. Thus, just keeping osta.ee operating from day-to-day costs money. LHV is quite active in placing money into webpages. The investment bank`s fund New Economy Ventures recently purchased a 22-percent stake in the online employment service CV Online for six million kroons. The Internet and software development company Index Net has devoted its website the web page Index.ee to e-commerce. To date, Index Net has invested approximately 10 million kroons into research and development. developing and advancing the Index Net pages.
Šaltinis: index.ee
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

New Release of Unisys Baggage Reconciliation System Helps Enhance Security and Efficiency of Baggage Handling at Airport

Unisys Corporation (NYSE: UIS) announced enhancements to its Baggage Reconciliation System (BRS) featuring more detailed information about baggage handling requirements for incoming flights, real-time monitoring and alerts of service level agreements (SLAs), and a mobile app to provide passengers with live updates on when and where to collect their bags. more »

Samsung gains tablet market share as Apple lead narrows

Samsung doubled its share of the tablet PC market in the last three months of 2012, research firm IDC has said. more »

Facebook boss insists site is not making a phone

Facebook boss Mark Zuckerberg has strongly denied the social network is planning to release its own phone. more »

Google TVs get gaming service via LG deal

The OnLive gaming service is to be made available to Google TV users, following a deal with electronics firm LG. One of a handful of firms making hardware for Google TV. LG's G2 series sets have Google's TV service built in. more »

Blackberry introduces free wi-fi calls on BBM

Blackberry has become the latest smartphone to offer free wi-fi calls to users via its own software. Research In Motion (RIM) has added the facility to its Blackberry Messenger (BBM) app, which already offered an alternative to text messages. more »

2012 SIIA CODiE Awards

We are delighted to announce that on 26th of January SafeNet Sentinel Cloud was awarded the SiiA 2012 Best Digital Rights Management Solution! more »

Anti-internet piracy law adopted by Spanish government

The Spanish government has approved tough new legislation which could see websites deemed to be trading in pirated material blocked within ten days. more »

Los Angeles World Airports Selects Unisys to Upgrade ID Card Reader System and Network

The Los Angeles World Airports (LAWA), which oversees airport operations for the city of Los Angeles, has awarded a contract modification to Unisys (NYSE: UIS) to upgrade its access control and alarm monitoring system, used to identify the 45,000 airport employees, contractors, police and others who work at the organization’s three airports. more »

Unisys Strengthens Enterprise-Class Cloud Offerings with New Version of Secure Private Cloud Solution

Unisys Corporation (NYSE: UIS) today announced Version 2 of its Unisys Secure Private Cloud Solution, the company’s flagship cloud solution for clients’ and cloud service providers’ data centers. more »

Fake Apple stores found in China

An American blogger has discovered three fake Apple stores operating in Kunming city, China. more »