Lycos-Singtel portal

Thu, 19 Oct 2000 | Source: DJ

SINGAPORE (AP): Lycos Asia and Singapore Telecommunications on Wednesday announced the formation of the Indonesian-language Web portal Lycos Indonesia.

The new portal site is "dedicated to Internet users in Indonesia and individuals with a special interest in the country," Lycos Asia said in a statement, adding that the site is written in Bahasa Indonesia.

Lycos Asia is a $50 million joint venture between U.S.-based Lycos Inc. and Singapore Telecommunications.

The Indonesian site will carry services such as local directories and city guides, and information on fashion, finance, job opportunities, travel and other topics, the statement said.

With its site in Indonesia, Lycos Asia now tailors sites for eight Asian countries. The company plans to launch another portal site in Thailand by the end of this year.

Lycos Inc. is based in Waltham, Massachusetts, while Lycos Asia has its headquarters in Singapore.

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