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Oak Pacific CEO: Mop Portal Traffic Rivals Tom Online
1000 Oaks Interactive Group chairman and CEO Joseph Chen told Beijing Morning Post that the group's portal Mop (mop.com) still has great growth potential. According to Chen, Mop's webpage traffic is almost the same as the traffic of TOM Online (Nasdaq: TOMO) and mop's advertising business ranks eighth among Chinese websites. The company also recently launched renren.com, a classified advertising portal, and 5q.com, a social networking website for university students. Chen told the newspaper he will announce details of an investment in Douban soon.
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