Yahoo! sets its sights on B2B marketplace

NEWS Yahoo! is making a move into business ecommerce with the launch this week of B2B Marketplace, an online directory for companies. The site offers equipment, inventory and product listings for companies wanting to purchase supplies and arrange partnerships on the Web. The launch site contains 48,000 initial listings in more than 650 categories. Tony Surtees, VP and general manager of the commerce group at Yahoo!, said in a statement: "Yahoo! B2B Marketplace brings businesses of all kinds together by allowing business executives, small companies and entrepreneurs to efficiently sift through many different Web sites, marketplaces and buying formats on the Internet to quickly find and purchase products they need to run successful enterprises."