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Commerce one e-Markets launch in Singapore

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Pleasanton Calif.--Commerce One Inc. Wednesday announced that Trade Alliance, its e-marketplace in Singapore, has gone live. The market is a $30 million joint venture between Sinar Mas, a regional food and paper company, and trading company Nissho Iwai Corp. The companies reported the completion of $500 million in transactions on Aug. 17, the market's first day of trading. Trade Alliance is initially offering two e-marketplaces, e-FoodAlliance and ePaperAlliance.
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