Citigroup in Web Site Venture

Citigroup Inc. plans to start a Web site with software provided by Commerce One Inc. to allow its corporate customers to trade goods and services online. Citigroup will also become the main financial services provider on Commerce One’s online marketplace for businesses. Financial terms of the venture weren’t disclosed. Shares in Walnut Creek, Calif.-based Commerce One rose $5 to close at $189.25 on Nasdaq, while Citigroup closed off $1.13 at $52.50 on the NYSE.