New Chinese B2B Venture

Hong Kong portal site Hongkong.com Corp. has joined with Taiwan-based South East Travel Service Co. Ltd (SET) to expand its online travel business.
Hongkong.com already operates in the Net travel sector, targeting the Greater China region - Hong Kong, China and Taiwan - with online and offline business travel services.
SET and Hongkong.com will form a joint venture, Travio Global Inc., according to a company statement Tuesday. The venture will build a Chinese business-to-business online travel platform. A consumer service is planned for a later date, the company said. The venture joins the portal`s existing Asian travel businesses, including: Singapore-based travel trade publisher TTG Asia Media Pte Ltd; China-based Net travel site Chinaholiday.com; and its partnership with hotel reservation systems company Micros-Fidelio.
Hongkong.com is 82%-owned by Asian Internet and Web development company Chinadotcom Corp.
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