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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (21388)4/22/2000 10:35:00 AM
From: ahhaha  Read Replies (1) | Respond to of 29970
 
ATHM's move to pursue the international market which we always liked looks good in light of:

Forrester: E-commerce to explode in Asia, Europe, South America

A study released by Forrester Research Inc. predicts that most Asian, South American and Western European nations will hit a point of electronic-commerce "hypergrowth" over the next four years, turning the Internet into a more global business engine.

computerworld.com

Some details of significance:

In dollar terms, the projected growth outside of the U.S. is dramatic. Asia-Pacific nations are projected to generate $53.7 billion in e-commerce in 2000, rising to $1.65 trillion in 2004 ? a thirtyfold growth. Forrester expects Asia-Pacific to experience better than 100% growth in each of the next four years, with Japan accounting for slightly more than half the region's e-commerce. Australia, South Korea and Taiwan are projected as the other leaders in the area.