Lycos Treads the Latin American Path
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Lycos Inc. Monday officially launched its full network in Latin America, with plans to add a spectrum of products and services over the next several weeks.
Next additions include software downloads, domain registration, and translation services, as well as MP3 and FTP search catalogs, a kids' site, auctions, and a Spanish- and Portuguese-language version of Wired News. An instant message, chat and e-mail services product powered by bantu.com is also on the ramp.
With the new additions, Lycos (LCOS) will also be adding a new regional management team, to be based in Miami, as well opening new offices in Brazil and Mexico. A branch office in Argentina will open in the next month, the company said, with further local presence to add to the foundation of future regional expansion.
Finance, sports business and local news will also be part of the new integrated network, with support to include local content from SportsYA!, Zona Financiera.com, El Economista, Mercado, Gazeta Mercantil, Netizen and Patagon.
According to Lycos, its Latin American Tripod sites have surged more than 323 percent in the last month, crowning its exponential growth since launch in October 1999. At the same time, Lycos launched its Lycos and Tripod sites in Brazil, Mexico, Argentina, Chile, Peru and Venezuela.
New localized sites were added with today's launch to target Columbia and the Spanish-speaking market in the U.S.
Lycos also supported its Latin American interests by pointing to International Data Corp. research on the growing market, which is expected to see an e-commerce revenue boom to $8 million by 2003.