27 Jan 2011 06:28

Fortel Technology launches e-commerce site, plans HKSE listing

Shanghai. January 27. INTERFAX-CHINA - Fortel Technology Holdings Limited (Fortel Technology) has launched a business-to-customer (B2C) Web site and group purchasing site, Chinese-language media reported Jan 26.

Chen Tianwei, the chief operating officer (COO) of Fortel Technology, told Southern Metropolis Daily that the company plans to list on the Hong Kong Stock Exchange in June.

Fortel Technology's existing online photo sharing service will provide registration details of its two million users to the new B2C and group coupon site, Chen added.

Founded in 2006, Fortel Technology is a subsidiary of London Stock Exchange-listed China Private Equity Investment Holdings Limited.