Printer Friendly
The Free Library
19,585,906 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

BulkMarkets.com Launches Its First B2B Online Exchange Company's WorldWineTrade.com Debuts to Rave Reviews From Industry.


Business/Technology Editors

CHICAGO--(BUSINESS WIRE)--May 24, 2000

BulkMarkets.com (www.BulkMarkets.com), an online global market maker for agricultural commodities sold in bulk, launched its first B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 online exchange in London last week. WorldWineTrade.com is the premiere online sales and procurement system directly connecting bulk wine producers and packagers around the world.

The only real-time Internet solution focused exclusively on the bulk wine trade debuted to accolades from the industry at the London International Wine Trade Fair. WorldWineTrade.com (www.WorldWineTrade.com) is driven by patent-pending technology that was named outstanding e-business-to-business application at COMDEX/Spring 2000.

"WorldWineTrade.com brings to life the technology we developed to bring efficiencies to highly fragmented global markets for specialty commodities," said Mike MacDougal Robert Meiklejohn MacDougal (born March 5, 1977 in Las Vegas, Nevada) is a relief pitcher in Major League Baseball who plays for the Chicago White Sox. He bats and throws right-handed. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of BulkMarkets.com. "The hundreds of visitors to our show booth were truly excited by the opportunity to leverage the Internet to centralize and improve communication. The pent-up demand for an e-commerce solution was even greater than we anticipated."

BulkMarkets.com is providing industry-specific channels where producers and packagers can negotiate sales online and reduce the amount of time and money spent on traditional middlemen. The vertical hubs also add value by providing a central source of market information on pricing, volume, product movement and availability, as well as post-transaction services such as shipping. To best serve the global market, the company has local representatives in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere.  and Europe. The B2B Web strategy behind WorldWineTrade.com will soon be implemented in other targeted bulk commodity markets including juice concentrates, nuts, dried fruits and spices/herbs.

"BulkMarkets.com is focused on bringing this segment of the supply chain into the 21st century," said Jeff Walker Jeff Walker might be:
  • Jeff Walker, the writer
  • Jeff Walker, the musician (Carcass)
  • Jeffrey Walker (actor), the actor
, president. "We provide producers and packagers worldwide with instant access to customers, suppliers and market data which makes it quicker, easier and less costly to do business."

BulkMarkets.com has the professional experience and international representation necessary to serve the bulk specialty agricultural commodity market, which totals $160 billion in annual revenues at the producer level. Founders MacDougal and Walker have almost two decades of combined industry experience in the international production and trade of bulk wine. Chief Technology Officer Gary MacDougal has 11 years of experience in the management of technology companies.

BulkMarkets.com completed its first round of institutional funding in mid-March led by Bay City Capital's North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Nutrition and Agribusiness Fund with other investors including William Blair
People:
  • William M. Blair, investment banker from Chicago
  • William J. L. Blair, Tony Blair's brother
  • William W. Blair (1828–1896), leader in the Reorganized Church of Jesus Christ of Latter Day Saints (RLDS Church)
 New World Ventures and William Blair & Company.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:May 24, 2000
Words:409
Previous Article:EnviroGlobe.com and ENI-Net.com Expand E-Business Alliance to Environmental Professional Industry Worldwide.
Next Article:ADVISORY/ API and API Networks President Gerry Talbot Discusses Projected Internet Bandwidth Strain at ISPCON Spring 2000.
Topics:



Related Articles
BulkMarkets.com to Launch Global Exchanges for Specialty Bulk Agricultural Commodities; Initial Financing Led by Bay City Capital.
FLEXTRONICS & HP INTRODUCE SPINCIRCUIT: THE FIRST DIRECT-TO-DESKTOP E-COMMERCE CO.
BulkMarkets.com Transaction Volume Exceeds Projections; Company's WorldWineTrade.com Among the Few B2B Exchanges To Achieve Liquidity.
E-BUSINESS NEWS.
BulkMarkets.com Expands the WorldJuiceTrade.com Team; B2B Exchange Hires Key Professionals from United Sugar and DigitalWork.com.
To Be...Or B2B.
PARTY PLANNERS EXPLOITED NET IN PROMOTING EVENT.
WWW.WHERFE IT'S AT; LOOKING FOR SOMETHIHG NEW? POINT YOUR BROWSER HERE.
CURTAIN RISES ON PULITZER CALARTS WRITING TEACHER FIRST AFRICAN-AMERICAN TO WIN DRAMA PRIZE.
EDITORIAL STATION ELATION.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles