Wednesday, September 21, 2005

How easy to Tradeeasy?

China Stock Blog points us to an interesting piece on B2B web activity in the region and, in particular, developments at Tradeeasy (listed in Hong Kong). The numbers seem small and it appears a bit far-fetched to suggest that they will somehow threaten the Global Sources and Alibaba.com. A lot of people have tried to link Asian suppliers with US buyers directly and, for a large variety of reasons, most haven't been very interested.

Hong Kong Tech Investor on China’s B2B Market - Part 2 (GSOL, EBAY, YHOO, Alibaba): "Two weeks ago Hong Kong technology investor Brent Suen provided an overview of China’s B2B market. In the following article Suen highlights recent accomplishments of one of his investments Tradeeasy (HKSE – 8163) which facilitates trade between China / Hong-Kong suppliers and buyers worldwide. His comments have implications for Global Sources (ticker: GSOL) and Yahoo [...]

(Via China Stock Blog.)

It certainly smacks of 1999-talk all over again. I sat through a lot of meetings debating exactly these issues in 1999/2000. Maybe the world has really changed this time...then again.

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