Oracle, C&W HKT to launch first China region b-to-b portal

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Hong Kong--In a move cementing Asia's emergence as a big b-to-b play, Oracle Corp. and Cable & Wireless HKT will launch the first China region b-to-b portal. The portal, aimed at businesses throughout the People's Republic of China, Hong Kong and Taiwan, will allow for transactions. It is to go live by June. Redwood Shores, Calif.-based Oracle and Cable & Wireless HKT are jointly spending $400 million on the project.
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