The effects of gas and liquid velocities, liquid visocity and particle size on the radial dispersion coefficient of liquid phase(Dr) and the bubble properties in three-phase fluidized beds have been determined. A new flow regime map based on the fift flux theory in three-phase fluidized beds has been proposed. In three-phase fluidized beds, Dr increases with increasing gas velocity in the bubble coalescing and in the slug flow regimes, but it decreases in the bubble disintegrating regime. THe coefficient exhibits a maximum value in the bed of small particles with increasing liquid velocity at lower gas velocities. However, it increases with increasing liquid velocity at higher gas velocities. The mean bubble chord length and its rising velocity increase with increasing gas velocity and liquid velocity and it exhibits a maximum value with increasing particle size in the bed. The raidal dispersion coefficients in the bubble coalescing and disintegrating regimes of three-phase fluidized beds in terms of the Peclet number in the present and previous studies have been well represented by the correlations based on the concept of isotropic turbulence theory.