TOM Online Inc., the Chinese mobile internet company, Qualcomm Incorporated, the developer of Code Division Multiple Access (CDMA) digital wireless technology, and IDG Technology Venture Investment, a US venture fund focusing on the information technology industry in China, today announced the successful closing of their joint venture in Sichuan Great Wall Software Group (Great Wall), aggregating to an amount of US$3.5 million.
Based in Chengdu, Sichuan province, Great Wall is a software developer and application provider for wireless phones, with experience in developing applications for Qualcomm's BREW solution, location based technologies such as Qualcomm's gpsOne, WAP, MMS and Java. Great Wall's service portfolio includes City Online, a location based service that offers city maps, travel assistance for points of interest and yellow pages; Business Travel Companion, which offers an online travel package and hotel reservations using a mobile handset; and Xin Gang Dating, a wireless dating and community service. Great Wall's development work has provided a set of BREW applications for handset manufacturers such as TCL and Motorola. The upcoming deployment of gpsOne in China by Qualcomm and China Unicom will increase the number of services and benefits offered to Great Wall's customers, enabling Great Wall to capture the opportunities that result from the deployment of next generation wireless networks.