News this week: Hong Kong-listed B2B e-commerce company, HC International,
announced this week that it intends to bid, through a company subsidiary, for a
44,000 m2 plot of land in Foshan, Guangdong province.
According to HC, operator of e-commerce platform, HC360.com, the company intends to acquire the
land to build a “B2B household electrical appliances business exhibition
centre.” The bidding will start at the price of US$53.8 million, with the
company’s ceiling price set at US$57.0 million.
HC claims its aim is to build an additional marketing channel
to provide business information and to facilitate the exchange of information for
buyers and sellers. HC currently provides services through online industry-focused
websites, trade catalogues and yellow page directories, and search engine
services.
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