Chinadotcom Forms E-Com JV in Taiwan
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chinadotcom corp. has formed a joint venture with Taiwan's Accton Technology Corp. called e-Direct Corp.
Based in Taipei, e-Direct will be majority-owned by chinadotcom corporation and provide e-news, e-commerce and database direct marketing services to Internet users.
chinadotcom corporation will be the majority shareholder with a 60% stake and Accton Technology will hold 40% of the original shares of e-Direct Corporation.
"e-Direct represents a further reinforcement of our 'Build, Distribute, Sell'* business model," commented chinadotcom corporation Chief Operating Officer Peter Hamilton.
Accton's e-news service has 78 e-news titles and allegedly adds 3 new e-news titles each month. Chinadotcom plans to use this material to expand content offerings on it portals.