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eCommerce Expo Asia reaps fruitful results

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by October 11, 2016 General

The China Post news staff
October 12, 2016, 12:08 am TWN

TAIPEI, Taiwan — The second eCommerce Expo Asia saw the attendance of 66 enterprises over 145 booths and drew a total of 9,000 domestic and international buyers and industry members, according to organizers.

This year’s show focused on four themes: big data, cross-border ecommerce, digital finance and innovation. Many multinational corporations were in attendance at the eCommerce Expo Asia for the first time, in a sign of the e-commerce industry’s healthy growth in the Taiwan market. Industry companies that attended the event expressed high approval of the show, organizers said.

“eCommerce Business Day 2016” procurement biz-match meetings for the Asia-Pacific region were held during the expo. Nearly 28 buyers from five countries participated in about 60 rounds of negotiations, which generated at least US$23 million in business sales, according to organizers.

The three-day event was hosted by the Taiwan External Trade Development Council and co-organized by the Taiwan Internet and E-Commerce Association. Many e-commerce heavyweights from the U.S., Germany, Japan, France, Singapore, Malaysia and mainland China also attended the show for the first time, organizers said.

Singapore-based cloud service provider CDNetworks said Taiwan’s e-commerce environment was unique for its high degree of diversity and development. The company said that after an evaluation, it would consider coming to Taiwan to set up a market presence.

Visitors from the Department of Commerce of Shanxi and Shandong Province organized by the Association of Economy and Trade Across Taiwan Straits shared their observations of the show, saying that its greatest strength was how it leveraged service providers across the e-commerce business environment. Taiwan’s expos use a model different from that of China’s large-scale e-commerce expos, where it is the norm for product-based providers to display and sell at the shows. Seeing how the models are complementary and seeing ample business collaboration opportunities, the visitors said they hoped to visit the next edition of the show to see more exchanges and create momentum for cross-strait e-commerce industry, organizers added.

FunCity Inc., one of the exhibitors at Taiwantrade, said they met many potential clients at this year’s show and that they hoped they would have the opportunity to attend next year.

This year’s forum — themed “Connecting Futures of the cross border e-commerce sector” — included a breakdown of the latest trends in the industry, featuring 17 heavyweight keynote speakers from seven countries and internet corporations, including Microsoft, Amazon AWS, Facebook, Google, OTTO, JD.com, Rakuten and Payoneer. The 12 talks in the “eCommerce Seminar,” which ran from Oct. 6 to Oct. 7, were delivered to full-house audiences of at least 1,000 people combined. TEBUY GLOBAL CORP. shared its experiences in the interactive marketing system and BEAUTiMODE weighed in on the direction that Taiwan’s e-commerce industry should take. according to organizers.

  A spin on 'Huaren' concepts for the Golden Pin  
A speaker talks to a packed audience at the eCommerce Seminar, which ran from Oct. 6 to Oct. 7, during the 2016 eCommerce Expo Asia in Taipei City. (Courtesy of TAITRA)

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