Date: Tuesday June 10, 2008 11:02:00 am
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http://www.palmbeachpost.com/business/content/business/epaper/2008/06/05/0605officedepot.html
Office Depot launches alliance with Hong Kong’s bigboXX
DELRAY
BEACH – Office Depot Inc. is teaming up with one of the largest office
supply firms in Hong Kong to sell products and services to corporate
customers there.The partnership with bigboXX.com, owned by Hutchison
Whampoa Ltd., is aimed at reaching Hong Kong-based customers with
multinational operations, Office Depot announced this morning. The
Delray Beach-based office products firm has been working aggressively
to expand its Asia business.”Hong Kong is a key market for many global
companies, and the new relationship between Office Depot and
bigboXX.com will provide a complete procurement solution for both new
and existing customers,” Teddy Chung, managing director for Office
Depot Asia, said in a statement.In China, Office Depot has operations
in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin and Wuxi.As of 9:50
a.m. shares in Office Depot were trading at $12.69, down 30 cents
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