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Priceline, others tap growing Net market in Asia

Several Internet-focused companies, including Priceline, eBay and CMGI, are taking aggressive strides toward expansion in Asia, hoping to cash in on the market's expected 57.5 million customers by 2003.

CNET News staff
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CNET News staff
 
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Several Internet-focused companies, including Priceline, eBay and CMGI, are taking aggressive strides toward expansion in Asia, hoping to cash in on the market's expected 57.5 million customers by 2003.

"Asia is a market where you want a very strong partner, one who understands the region."

- Priceline spokesman Mike Darcy

 
Priceline expanding into Asia
Priceline.com is heading overseas for the first time, teaming up with Hong Kong-based Hutchison Whampoa Ltd. to launch a "name your price" Web site in Asia.

eBay teams with China.com to promote Chinatown
The Internet auctioneer says it has partnered with China.com, an Internet services company, to market its new Chinatown auction service to Asian customers online.

CMGI creates Asian division
The Internet investment company and Pacific Century CyberWorks form a joint venture that will create online businesses focused on the growing Asian market.

J.D. Edwards expects windfall from Asian e-commerce
J.D. Edwards & Co., a U.S.-based developer of business management software, expects electronic commerce-related business to account for 30 percent to 35 percent of its revenue from Asia by 2003.