Thai conglomerate set to launch B2B e-marketplaces

Thai conglomerate, the Charoen Pokphand Group will base their Commerce One B2B sites on transactional volumes from five other MOU partners.

Internet based business to business B2B initiatives have been taking off at different rates across Asia. Announcements of e-commerce initiatives by both local and multi-national companies in countries such as Singapore and Hong Kong have been rapid and thorough, covering most industries. The rate of e-commerce activities in Thailand, however, has been slow, until now.

The Charoen Pokphand Group CP Group, a Thai agro-industrial conglomerate has announced a B2B initiative in conjunction with Commerce One, operator of the Global Trading Web, a network of e-marketplaces across the world.

Asia Freewill will be the flagship company for the e-business initiatives by the CP Group. Asia Freewill intends to launch two e-marketplaces. One focuses on...

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