A growing number of companies are building online marketplaces to stay competitive in the business-to-business e-commerce market.
"The bottom line is that we're seeing that companies really aren't getting tremendous value out of automating the paper shuffling part of procurement. Consolidating all of the buying and the contracts is what saves money."
- Steve Cole, Forrester analyst
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Ariba may buy Tradex for $1.65 billion
The operator of a Web-based transaction service for corporate purchasers is in talks to buy e-commerce company Tradex Technologies for about $1.65 billion.
Accounting giant figures online procurement is best
PricewaterhouseCoopers launches a business-to-business marketplace designed to deliver price discounts to members who buy goods and services on the network.
Guess builds business-to-business site in style
Clothing maker Guess is building an online trading exchange that it will open to suppliers and business partners, from button-makers to cloth manufacturers.
SAP to launch online healthcare marketplace
The German software maker announces plans to partner with Neoforma.com, an online business-to-business healthcare services provider, to launch an online healthcare marketplace.