McDonald's Corp. is quietly exploring additional dot-com investments following initial e-commerce disappointments. McDonald's March investment in Food.com is considered by some observers to be a token entry into the new economy, and company insiders say alliance talks with Walt Disney Co. about Go.com have stalled. Now McDonald's is shopping deals with several e-commerce companies including Ariba, Commerce One and Accel-KKR Internet Co., a joint venture fund of venture capital company Accel Partners and buyout company Kohlberg Kravis Roberts. McDonald's, Ariba and Commerce One wouldn't comment. KKR and Accel Partners didn't return calls.
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Copyright June 2000, Crain Communications Inc.