Business-to-business online trading systems provider Sesami still aims to break even by the middle of next year despite the global economic slowdown.
Four months after the company was formed through the merger of Singapore's sesami.com and Hong Kong-based Asia2B.com, president Poh Mui-hoon said she had seen steady growth in the number of clients.
'We are still hoping to break even next year, but every industry is affected by the slowdown and we are not spared,' she said.
The company, 44.5 per cent held by dominant telecoms operator Singapore Telecommunications, had said in January that it aimed to break even in the middle of next year.
Formerly co-chief executive with Fang Fang, Ms Poh was promoted to her present position in April. Mr Fang, previously Asia2B's chief executive, becomes a consultant to the company.
Ms Poh said Sesami had signed agreements to build about 15 online trading platforms.