Logiq Inc (LGIQ): China marketplace launches Looks like...

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Logiq Inc (LGIQ)

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Alias Born	10/24/2011

Re: None

Tuesday, 11/01/2011 9:04:42 AM

Tuesday, November 01, 2011 9:04:42 AM

China marketplace launches

Looks like they got the site launched for the first China marketplace, Chunjie365.com.

I went thru it and it's in both English and Chinese. given that the Sitoa Global "focused social marketplace" was only in English before, I would venture a guess that a bi-lingual site not only allows them to go after the China market and also any market where ecommerce is viable e.g. India, SE Asia, UAE, Russia.

Being able to demonstrate a platform in emerging markets AND also generating revenues from it is a great business model.

Hope this helps although further clarity from the company on their tactical and strategic plan would be nice.

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