Internet users need no longer worry about one type of scam as President Chain Store Corp (統一超商) is teaming up with the nation's largest online auctioneer, Yahoo-Kimo Inc (雅虎奇摩), to provide customer-to-customer (C2C) services.
Consumers making purchases on auction sites listed on Yahoo-Kimo can elect to pick up their goods and make payments at the same time at President Chain's more than 4,300 7-Eleven outlets.
Internet shoppers currently risk being defrauded when paying before commodities are delivered to their doorstep via private delivery or the post office.
According to a survey released by President Chain, virtual shopping sites have become the fourth most popular destination (84 percent) that Internet users visit, after convenience stores (95.6 percent), supermarkets (92 percent) and hypermarkets (91.5 percent).
"Internet shopping is the future trend for consumption," said Jackie Su (蘇嘉麒), manager of general merchandising for President Chain, during a press conference held yesterday.
Transaction volume for Internet shopping over the past three years has recorded more than 50 percent growth per annum. The market last year reached NT$145.2 billion (US$4.4 billion), with business-to-consumer (B2C) sales accounting for 60 percent and C2C the remainder, Su said.
He estimated that turnover on e-business this year would jump another 40 percent to NT$200 billion, supported by nearly 15 million online users.
Since a test run was launched in November last year, more than 30 online auction stores, with products ranging from clothes, accessories and shoes to pet gadgets, have cooperated with President Chain. The number is expected to rise to 45 by the end of the month, the firm said.
Chuang Lung-lung (莊龍隆), who runs an online store auctioning handbags, joined the system two months ago. He said his business grew by 60 percent, with customers saying it offered a more convenient alternative -- with a guarantee.
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s
RSS