China and U.S. Businesses Linked Through New Multi-Language Online Auction.WESTLAKE Westlake, city (1990 pop. 27,018), Cuyahoga co., NE Ohio, a suburb of Cleveland; inc. as a city 1956. A growing city, its various manufactures include ink and plastics. VILLAGE, Calif.--(BUSINESS WIRE)--Oct. 18, 1999-- TradeGo.com Inc. Monday announced the development and implementation of the world's first multi-language business-to-business Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the auction Web site, www.tradego.com. Ultimately the site will enable U.S. and international businesses, using their own native language, to effectively auction excess finished goods, raw materials, equipment and supplies on the Internet. This unique concept is currently operational with China and will include future expansion to other countries and languages, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. David Kopel, president. "Use of the Internet is rapidly expanding in China. Chinese businesses are just now beginning to realize the Internet's tremendous potential," said Kopel, who has more than 15 years of experience working with Chinese industry and government agencies to import Chinese goods to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "Excess inventory can critically impact any company's ability to manage its cash flow. TradeGo.com gives both U.S. and Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
v. dis·con·tin·ued, dis·con·tin·u·ing, dis·con·tin·ues v.tr. 1. To stop doing or providing (something); end or abandon: goods, slow-moving inventory and manufacturing overruns at significant savings." A Chinese seller and an American buyer can interact with each other using TradeGo.com in a confidential and secure environment. "Contractual terms A contractual term is "[a]ny provision forming part of a contract"[1] Each term gives rise to a contractual obligation, breach of which will can give rise to litigation. required to complete each transaction will be provided in both languages and users will have access to a single, common English database," explained Kopel. Sellers can post their products, using their own graphics and photos, in one or more of the 60 different product categories offered by TradeGo.com. "We are currently developing modules that will incorporate the Japanese and Spanish languages Spanish language, member of the Romance group of the Italic subfamily of the Indo-European family of languages (see Romance languages). The official language of Spain and 19 Latin American nations, Spanish is spoken as a first language by about 330 million persons into the TradeGo.com database. Additionally, we are evaluating global partnerships and strategic alliances to expand our multi-language business-to-business Internet auction concept to other countries. TradeGo.com will eventually have a global reach," said Kopel. Membership to TradeGo.com is free. A commission will be charged on all sales transactions processed through the auction site. TradeGo.com is a California-based corporation with offices in Westlake Village and Shenzhen, China. The success of the Business Plan developed by TradeGo.com is predicated on the many years of experience of its management team with import-export transactions between the United States and China. For more information, go to http://www.TradeGo.com/. Information can also be requested via e-mail: info@TradeGo.com or by calling 818/991-6255. |
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