MeetChina.com, an operator of internet trade portals in Asia, has announced plans to form a joint venture JV with Thailand.com, a website for information and services on Thailand and Southeast Asia. The portal will open cross border trade with some 20,000 active export companies in Thailand, and expand Thailand.com from a content channel to a business to business B2B trading site.
This JV is one of several MeetChina.com has made in the past year. JVs are the primary form of expansion for the company. Unlike Ariba and Commerce One, we don't license our technology, instead, we take a minority stake in a local company, says MeetChina CEO Len Cordiner.
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