Riding the Internet boom, the Web-based 104 Job Bank (104
"Our company has done very well in recent years," Monica Chiu (
The job bank currently has over 270,000 job postings that range across all industries and all regions. In general, about a million people a year land their jobs via the portal, founder and chairman Rocky Yang (
Yang founded 104 Job Bank with his wife nine years ago. The company broke even after almost three years of operation. Now, the company has 300 employees and capital of nearly NT$300 million (US$9 million), the minumum for technology companies to list on the local stock exchange.
For the first eight months of the year, 104 reported NT$650 million in sales, a 20.65 percent jump from a year ago. While many local high-tech companies are seeing their margins shrink in recent years, 104 earned a stunning NT$12 per share last year, according to the company.
Shares of 104 Job Bank climbed 1.67 percent to NT$136 on the gray market yesterday.
One Internet company that has also been successful is PC Home Online (
As the company saw revenue jump on its online shopping site, along with its popular co-branded Internet telephony service with Skype Technologies SA, shares of PC Home have surged to NT$57.7, as of yesterday.
"It shows that as long as online companies have good strategies, they won't be affected by industry downturns, like the Internet bubble several years ago," Chiu said.
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