Chi Tao Studio, the leading Internet consultancy firm in Asia has launched paimaiasia.com today in Hong Kong, one of the most powerful auction portal in the region. paimaiasia.com aims to become the leading B2B, B2C, C2C site in Asia by the end of the year 2000.

paimaiasia.com combines intelligent bidding functions, postings are free and flat 1% fee of the closed price for all successful acutions.

Hong Kong site launched in July 2000 in Hong Kong, following will be regional sites in China, Singapore, Japan, Taiwan, Malaysia, India, Philippines, Indonesia.