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To: ms.smartest.person who wrote (59)8/5/2001 8:17:10 PM
From: ms.smartest.person  Read Replies (1) | Respond to of 102
 
[00-6-06] Hong Kong - eGlobal E-business Firm gets Funding

By Staff, IT Daily.
HONG KONG, CHINA,
06 Jun 2000, 12:29 PM CST

Hong Kong - eGlobal E-business Firm gets Funding 06/06/00 HONG KONG, CHINA, 2000 JUN 6 (NB) -- By Staff, IT Daily. eGlobal Technology Services, an Asia Pacific based e-business software sales and services firm, has attracted venture capital funds from US-based Worldview Technology Partners, Singapore-based SingTel Ventures, and Hong Kong-based Total E-commerce (TotalEcom).

Worldview, a US$750 million VC fund, SingTel Ventures, the venture capital arm of Singapore Telecom, and TotalEcom, a business to business e-commerce enabling company formed by Pacific Century CyberWorks (PCCW) and NetCel, totaled the first round of funding at HK$109.2 million.

eGlobal claims to have developed an innovative business model for accelerating the entry of world class software firms into Asia-Pacific markets.

The company established software sales, marketing and support operations in ten Asia Pacific countries in 1999, with a staff of 120.

eGlobal delivers all the staff and infrastructure required for emerging e-business software vendors to accelerate entry into Asia-Pacific markets. The company said its expertise and comprehensive services helped Asia-Pacific customers obtain local access, support and the latest software technology.

Reported by Newsbytes.com, newsbytes.com .

12:29 CST

(20000606/WIRES ASIA, ONLINE, BUSINESS/)

© 2001 The Washington Post Company
newsbytes.com