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Our Bureau

Mumbai, June 28

Polygon, the jewellery industry's largest B2B Internet marketplace, announced the beginning of its global expansion with the opening of offices in Dubai, Mumbai and Shenzhen, China.

Polygon's international initiative is a joint venture with the Dubai Multi Commodities Centre (DMCC), a Dubai government initiative.

As part of the expansion, Mr Jacques Voorhees, founder of Polygon, was named Chairman. New CEOs were named for PolyGroup Ltd and Polygon DMCC. "We chose to affiliate with Polygon because of its leading position in the industry," said Mr Ahmed bin Sulayem, COO of the Dubai Multi Commodities Centre.

"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," said Ms Marie-Josée Trépanier, newly named CEO of Polygon DMCC.

More Stories on : Strategy | E-Commerce & E-Business | Gems & Jewellery

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