29 June 2006
Dubai: Polygon, the jewellery industry's largest B2B internet marketplace, on Tuesday announced the beginning of its global expansion, with new offices opened in Dubai, Mumbai and Shenzhen in China.
Polygon's international initiative is a joint venture with the Dubai Multi Commodities Centre (DMCC). As part of the expansion, Jacques Voorhees, founder of Polygon, was named chairman. New CEO's were named for PolyGroup, Ltd and Polygon DMCC. Replacing Voorhees, Louis Mousseau, formerly Vice-President of Corporate Marketing for Mediagrif, Polygon's parent company, will act as President of PolyGroup, Ltd, headquartered in Dillon, Colorado. Marie-Jose Trpanier, formerly head of Mediagrif's Dubai division, is the new CEO of Polygon DMCC, headquartered in Dubai in the DMCC free zone.
"We chose to affiliate with Polygon because of its leading position in the industry," said Ahmad Bin Sulayem, Chief Operating Officer of DMCC. "As Dubai expands its status as a global hub for the trade, Polygon is the online component of that expansion a critical piece in the 21st century."
Louis Mousseau, the newly named president of PolyGroup, Ltd, said: "Our offices in Dubai, Mumbai, and Shenzhen will directly support the expansion of Polygon into these regions. The response we've met with so far in these markets is very positive, and we expect great opportunities to materialise over the coming months."
By Staff Reporter
Gulf News 2006. All rights reserved.
