365 Corp sales jump
Gay soccer telco
365 Corporation plc, Internet site operator/telco/ contract publisher which deals in everything from soccer to the gay scene, increased sales 131 per cent for the half year to September 2000. Group revenue stands at £22 million for the period, compared with £9.5 million for the same period last year. Gross profit doubled to £8.8 million for H1. Operating loss ran in at £6.4 million - up from £233,000 for the same period last year.
Daily Mail and General Trust plc subsidiary - dmg world media - is taking a 44.75 per cent stake in US dotcom, Whereoware, as part of a consortium bid to develop an e-commerce platform to serve the $70 billion North American online gift market. It will provide up to $14 million funding over two years for the service. ®
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