ecFood Approaches Profitability - An Internet Trading Exchange Bright Spot
Olin Thompson - June 14, 2001

Event Summary

ecFood (www.ecFood.com) has announced $50 million in transactions for the first quarter of 2001. The quarter's volume continues the upward trend set over the past three quarters. The end of the first quarter also saw the first year's anniversary of providing paid online services to the food and beverage industry. ecFood's highly focused customer base of buyers and sellers continues to grow as the company sees profitability by the end of 2001. ecFood provides web-based sourcing for the food and beverage industry...