Priceline plans to expand in Asia

Priceline.com Inc. (Nasdaq: PCLN), an e-commerce company that lets users name their own price for things such as airline tickets and hotel rooms, will expand into Asia later this year. Priceline will work with Hong Kong-based Hutchison Whampoa Ltd., selling airline tickets over the Internet in China, Hong Kong, India, Taiwan, Indonesia, Singapore, Thailand, Korea, Malaysia, the Philippines and Vietnam. -- Margaret Kane, ZDNet News