Taiwan has been ranked the sixth-biggest retail export hub in the Greater China region, for the amount of products it sells on EBay to overseas buyers, according to a survey released on Thursday by US e-commerce giant EBay Inc.
The report, titled 2013 Greater China Retail Export Industry Landscape, surveyed more than 800 e-commerce sellers in the region for transaction data from July last year to June this year and found that the five places that registered the most sales overseas were Guangdong, Hong Kong, Shanghai, Zhejiang and Beijing.
Taiwan’s sixth place in terms of transaction value is a result of its long history in conducting trade, its mature system for sellers, and its sufficient supply of workers with a specialty in trade, said John Lin (林奕彰), EBay’s vice president and CEO of the company’s Greater China branch.
“We believe that the retail export industry is entering a new phase marked by more holistic growth and greater professionalism, as local sellers are leveraging local resources and developing specialty product categories,” he told a press briefing.
The top-five product categories with the highest transaction value for Taiwanese sellers were costume and accessories, photographic equipment, automobile accessories, sports goods, and computers and accessories, according to EBay’s survey.
Mature markets like the US, Australia and the UK still accounted for the bulk of Taiwanese sellers’ transaction value, while sales in emerging markets such as Argentina, Brazil and Russia posted the fastest growth, the survey showed.
According to market research company eMarketer, the Asia-Pacific region will contribute the majority of business-to-consumer (B2C) e-commerce sales in coming years.
B2C e-commerce sales are expected to grow 23 percent in the Asia-Pacific region this year, with sales in China and Indonesia growing particularly fast at 65 percent and 71 percent, respectively, above the worldwide average of 17 percent, eMarketer said.
Cairo’s new monorail slices across the city skyline, running above the familiar chaos of blaring horns and aging buses’ exhaust fumes that mark rush hour below. The US$4.5 billion monorail, opened this month, is among Egypt’s most prominent new transport projects, part of a debt-funded infrastructure drive criticized for sapping state finances while bringing limited benefits to most of the country’s 109 million people. “It feels like you’re in a different country,” said Ramy Sayed, a restaurant manager, aboard a driverless Innovia 300 train. “No noise, no traffic, we’re not used to this.” The eastern line runs 56km from the bustling middle-class
Starlux Airlines Co (星宇航空) today unveiled a long-haul network expansion plan at a shareholders’ meeting in Taipei, including direct flights to Barcelona, Spain, and Zurich, Switzerland, as well as a service connecting Taipei, Sydney and New Zealand. Starlux is to become the first Taiwanese carrier to offer non-stop services to the two European cities, while the inaugural oceanic route is expected to expand transit opportunities within the Australia-New Zealand market, Starlux said. Flight services to Chicago, Dallas, Washington and New York are under evaluation, the airline added. Prior to the shareholders’ meeting, the airline earlier this year announced that it would be
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
RSS