Milestones of innovation
1991-1992 | 1993-1994 | 1995-1996 | 1997-1998 | 1999-2000 | 2001-2002 | 2003-2004
The community integration business model
The community integration business model was first shaped when Honnet
started working on it's first Chinese medicine database -- TCMBasics.com.
The company also acquired the computer trading business of
Token-Total Network Strategies Corporation Ltd in 1995.
In mid-1996, a first community Web site (or later called portal)
was launched for socialists worldwide -- Socialism.org. The site had gathered over 1,000
socialist members from all over the world within the first year.
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Growth of Honnet
By the end of 1996, Honnet had increased its customer base from
under 30 to more than 400, and also started servicing medium-sized
companies and enterprises. The PaperHouse brand was sold to an American
investor this same year when Honnet later decided to change the name
of its hosting business to Asia Business Network.