Thailand.com in export venture — The Nation
November 27, 2000

BANGKOK (The Nation) - Thailand.com, a subsidiary of Nation Multimedia Group and US-based MeetChina.com, announced the formation of a joint venture today aimed at giving Thai exporters a means to trade with overseas buyers via the Internet. Thailand.com already operates a channel for exporters and the alliance with MeetChina.com, operator of China's leading ecommerce cross-border trade portal, will enable Thai suppliers to offer their goods globally using online tools to manage every aspect of cross border trade, from promotion to delivery of products.

"We are very excited about partnering one of the leading local online portals. Thailand.com's strong local operations, relationship with local trade service partners and experience in marketing to exporters will give our new venture an upper hand in becoming one of the most successful business-to-business (B2B) sites," said Len Cordiner, MeetChina's chief executive.

Based in San Francisco with operations throughout Asia, MeetChina.com operates China's largest B2B site.

Thanachai Theerapatvong, Thailand.com's chairman and chief executive, said that the company's venture with MeetChina.com would make the group a domestic leader in the import/export market. "We will be the most comprehensive export portal. The site will make Thai products accessible to a large global customer base," he said, adding exporters would be able to trade online with the site's key features facilitating negotiation, logistics, insurance, inspection, payment and customs clearance.

Backed by the Nation Group, Thailand.com is one of the country's leading websites for providing information and services about Thailand and Southeast Asia. It has five content channels comprising travel, shopping, news, business and finance and exports.

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