{
    "success": true,
    "data": {
        "id": 1290250,
        "msgid": "nissho-iwai-sinar-mas-tie-up-1447893297",
        "date": "2000-02-28 00:00:00",
        "title": "Nissho Iwai, Sinar Mas tie up",
        "author": null,
        "source": "DJ",
        "tags": null,
        "topic": null,
        "summary": "Nissho Iwai, Sinar Mas tie up TOKYO (Nikkei): Nissho Iwai Corp. will form a joint venture by April with Indonesia's Sinar Mas group and Commerce One Inc., a U.S. provider of e-commerce solutions, to set up Internet portals for paper and pulp, metals and other industrial sectors, according to the Sunday morning edition of the Nihon Keizai Shimbun (Nikkei).",
        "content": "<p>Nissho Iwai, Sinar Mas tie up<\/p>\n<p>TOKYO (Nikkei): Nissho Iwai Corp. will form a joint venture by<br>\nApril with Indonesia's Sinar Mas group and Commerce One Inc., a<br>\nU.S. provider of e-commerce solutions, to set up Internet portals<br>\nfor paper and pulp, metals and other industrial sectors,<br>\naccording to the Sunday morning edition of the Nihon Keizai<br>\nShimbun (Nikkei).<\/p>\n<p>The joint venture, to be capitalized at some $30 million, will<br>\nbe owned 70 percent by Sinar Mas, and 10 percent each by Nissho<br>\nIwai, Commerce One and a Hong Kong venture capital firm.<\/p>\n<p>The joint venture will oversee operations of companies to be<br>\nset up in Japan and the rest of Asia to run portals to mediate<br>\nbetween buyers and sellers of paper and pulp, machinery, metals<br>\nand food, for example. Turnover is projected to reach $15 billion<br>\nin three years. The new companies will collect commission charges<br>\nfrom buyers and sellers as well as membership fees.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/nissho-iwai-sinar-mas-tie-up-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}