First Trade Date for TMP Worldwide Inc.
Company Name | First Trade Date (yyyy-mm-dd) |
TMP Worldwide Inc. | 1996-12-13 |
Company Name | Symbol |
TMP Worldwide Inc. | TMPW |
History and Business of Company (this information may include date of incorporation) | |
TMP Worldwide Inc. (TMPW) operates as an online recruitment center with a worldwide recruitment advertising agency network and global executive search and executive selection agencies. Headquartered in New York, TMPW provides a Yellow Pages advertising agency and direct marketing services. Clients include more than 90 of the Fortune 100 and more than 480 of the Fortune 500 companies. Monster.com, the flagship brand of the company's Internet properties, is a website which connects companies with qualified job seekers, offering innovative technology and services that provide greater control over the recruiting process. The Monster.com global network consists of local language and content sites in the U.S., U.K., Australia, Canada, the Netherlands, Belgium, New Zealand, France, Singapor, Hong Kong, Germany and Ireland. As of Mar. 24, 2000, Monster.com listed about 383,000 jobs from clients such as Adecco, Blockbuster Entertainment, Dell Computer, McDonald's, and Procter & Gamble Co. In February 2001, Neilson I/PRO reported that Monster.com attracted more than 23.6 million visitors who spent on average over 15.9 minutes per visit; Media Metrix reported that 6.6% of the U.S. Internet population visited Monster.com and that an average of 28.6 unique pages were viewed by each; and Media Metrix noted that Monster.com reported a power ranking of 188.8 (reach of 6.6 multiplied by average page views of 28.6), compared to 36.3 for its closest competitor and 129.8 for all 9 of its competitors combined. MonsterMoving.com provides relocation information and services to Monster.com's community. The website includes information on new residence listing, community maps, education summaries, mortgage quotes, moving quotes, insurance, address and utility change services, and home repair and maintenance information. Gross billings for 2000 were $2,479.3 million, an increase of 22.6% as compared to gross billings of $2,021.5 million for 1999. This increase resulted primarily from organic growth in the Interactive and Executive Search businesses, and acquisitions in Advertising & Communications and eResourcing. Total commissions and fees for 2000 were $1,291.7 million, an increase of 42.1% versus $909.0 million for 1999. Interactive commissions and fees increased $277.0 million or 175.1% to $435.2 million for 2000, from $158.2 million for 1999, reflecting an amplified acceptance of Interactive products and services by clients and Internet users, continued expansion into the Europe and Asia-Pacific markets and the benefit of Monster.com's marketing initiatives. INCORPORATED in Delaware in August, 1996, as Telephone Marketing Programs Inc.; and on Dec. 9, 1996, became the successor to businesses formerly conducted by TMP Worldwide Inc. and subsidiaries (Old TMP), Worldwide Classified Inc. and subsidiaries (WCI), McKelvey Enterprises, Inc. and subsidiaries (MEI) and certain other entities under the control of A.J. McKelvey through a series of mergers, including the merger of Old TMP into MEI, the merger of WCI into MEI and the merger of MEI into Co. Concurrent with the mergers, Co. adopted its present title. Co.'s predecessor was formed in 1967. OFFICE- 622 Third Avenue , New York, NY, USA 10017 (Tel.: 212-351-7000). Fax - 212-527-8605. WEBSITE- http://www.tmpw.com. |
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