TVL touch ventures limited

tvl/yahoo7.com.au have joined forces

  1. 34,500 Posts.
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    TVL has newscorp and yahoo behind it, still a fraction of the market cap of WEB (supported by HWT), I think newscorp and yahoo are on a mission to destroy WEB lol the overpriced dinosaur.



    Sunday, 30 April 2006 11:04:21 AM
    Yahoo!7 & Travel.com.au Link
    Yahoo!7 & Travel.com.au Link
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    INDUSTRY survivor Travel.com.au has stitched up an agreement with Yahoo!7 to supply content for its main site – www.yahoo7.com.au. The deal covers air, hotel and car – boosting the profile and potential revenue for Travel.com.au, which has yet to post a profit. Investors are adopting a wait and see attitude with the company – a recent rights issue fell well short of the A$1.6 million target, forcing the under-writer to pick up the slack. Staff are optimistic, however. There has been some recent offline advertising in the weekend press, while the local Lastminute website – which Travel.com.au runs – is performing strongly.

    Ends http://www.traveltechasiapacific.com/TTN13-TVL
 
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