| American Express is expanding its product sales efforts by forming an Internet-based e-marketplace for office and industrial supplies and business services including temporary labor.
The venture, dubbed MarketMile, is targeted initially for mid-sized companies, with plans to take the offering to both larger and smaller companies in the near future.
The venture is a joint undertaking of American Express and Ventro Corp., which builds and operates exchanges in various industry sectors and in various parts of the world. |
