o.biz is to launch on the 31st October aiming to give small businesses and customers the opportunity to buy large quantities at deep discounts for restaurant, office, and hotel products.

Overstock.com Chairman and CEO Patrick Byrne said the .biz extension was chosen because “The .BIZ extension is appealing to growing, innovative businesses. Our goal is to have O.BIZ help small to medium-size businesses save money by leveraging the purchasing power of Overstock.com.”

Overstock’s o.biz press release here