chinadotcom unit wins "Most Influential E-Business Partner" award from Oracle Corporation

award follows chinadotcom units' recognition for superior web design and excellence in online marketing in Asia


Hong Kong, October 31, 2000 — chinadotcom corporation (NASDAQ: CHINA: Website: www.corp.china.com), a leading pan-Asian integrated Internet company, today announced that its majority owned subsidiary e2eBusiness Solutions Ltd. (e2e) received the award recently of "Most Influential E-Business Partner" given by Oracle Corporation. e2e is a leading e-Business consulting and B2B integration firm in Greater China and is a part of chinadotcom's e-Business unit Web Connection. Among Oracle's hundreds of partners in 44 Asia Pacific countries, e2e is the first company to receive such an award. The award recognizes e2e's outstanding performance in capturing market share in Oracle's e-Business Suite area.

The recognition follows other awards recently given by MEDIA & Marketing Ltd. (MEDIA) to chinadotcom and its units. In its inaugural Internet industry competition organized to promote superior web design and excellence in online marketing in Asia, MEDIA awarded hongkong.com Corporation (GEM Stock: 8006; Website: www.hongkong.com) the "Best Use of Sponsorship" prize for a campaign developed for 7-Eleven which helped customers experience 7-Eleven's physical in-store environment seamlessly with the virtual world. MEDIA also awarded a "Certificate of Excellence" to chinadotcom in the corporate website category.

Peter Yip, Chief Executive Officer of chinadotcom corporation, said "We are pleased to see further independent recognition of the strength of our core businesses. It further demonstrates the strength of our leading edge e-Business solutions and confirms the fact that our website's localized rich and compelling content, and the interactive services offered such as shop4U and freemail, are highly valued by our users. We believe this lays the foundation for driving online marketing, which is becoming a very large market globally."

Remarked James Alderton, Marketing & Alliance Director, Oracle Greater China, "e2e truly deserves the spotlight and recognition as Oracle's Most Influential E-Business Partner across Asia Pacific. In their first 12 months as an Oracle Applications Partner, e2e has successfully defined new markets, achieved a leadership position in target markets and transformed traditional business practices by implementing innovative e-business solutions based on the Oracle E-Business Suite."


About chinadotcom corporation

chinadotcom corporation (NASDAQ: CHINA; Website: www.corp.china.com) is a leading pan-Asian Internet company offering web solutions, portal and online advertising services. Through its three-dimensional business model, chinadotcom is able to provide a full range of Internet services around the Asia Pacific region that; 1) build e-business strategies and solutions (Web Connection), 2) distribute content via its portal network (china.com, cww.com, hongkong.com, and taiwan.com), and 3) sell services through online advertising (24/7 Media Asia).

Fuelling the growth of these three business units is a synergistic investment strategy that leverages on chinadotcom's existing operational and cost infrastructure. By partnering with companies that have proven and successful track records, chinadotcom is well positioned to create long term shareholder value through its investments.

The company has offices in more than 10 markets, including Japan, Korea, Australia, Hong Kong, Taiwan, Singapore, Malaysia, Thailand, and the USA. For more information about chinadotcom corporation, please visit www.corp.china.com

Safe Harbor Statement

The statements in this news release, other than the historical financial information, may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ from anticipated results. Further information on risk factors that could affect chinadotcom corporation's results of operations is detailed in chinadotcom corporation's registration statements and annual report, as filed with the United States Securities and Exchange Commission.

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