Pacific Epoch, a boutique research house focused on China technology, media, and telecom investment news, announced that Tejari.com is expanding in China.
Tejari.com is a B2B online trade marketplace, much like Alibaba.com and GlobalSources.com, but with a slant towards the Middle East, where it is based. Tejari boasts 150,000 members from the Middle East and US$5 billion in transactions through the site’s auction platform.
I would keep an eye on this company as they were founded by Sheikha Lubna Khalid Sultan al Qasimi, who is the current Minister for Economy and Planning of the United Arab Emirates (UAE) and able to open strong government doors throughout the region. Tejari.com is owned by Dubai World, which is a large holding company with major logistics and real estate development holdings in the Middle East.
Another player in an ever-crowded market but lets see what they can bring!