Quick Access 
Search 
You are here: TOP NEWS
Press Release
February 7, 2008
T-Online Venture Fund invests in Guangzhou 1bib software development

Bonn, February 7, 2008

T-Online Venture Fund today announced an investment in Guangzhou 1bib software development Ltd. The Chinese start-up company provides an online marketplace and brokering services for used and new cars, trucks & buses in China. The investment will be used to further expand the business.

This strategic investment emphasises the growing importance of emerging markets such as China. “1bib is a high potential company in a high potential market, it is important for T-Venture – as being the venture capital arm of Deutsche Telekom - to consider those important and promising markets” said Oliver Fietz, T-Venture.

“The online landscape and the usage of internet are rapidly changing in China. This partnership, which highlights the market potential of 1bib, will bring in the experience of T-Venture and allow 1bib to have a competitive advantage.” said HongLian Tan, CEO of 1bib.

1bib.com provides the internet users with an important automobile database containing a wide range of choices, the possibility to compare, to rate cars and dealers and to share information about automobiles and thus gives customers access to a higher market transparency.
T-VENTURE TOP NEWS
Press Release
Bonn, July 15, 2008
 T-Online Venture Fund invests two million Euro in swoodoo.
more
Press Release
Bonn, June 10, 2008
 T-Mobile Venture Fund markes strategic investment in deCarta.
more
TELEKOM TOP NEWS
New smartphone
T-Mobile launches BlackBerry Pearl Flip 8220 in Germany.
more
Doctors for Developing Countries
Aid organization declares success.
more
Roaming agreement
DT extends hotspots in China.
more