Ruten.com (露天拍賣) is to team up with eBay Inc to provide easier access to US products sold on its platform in Taiwan, the online auction operator said last week.
Initially, eBay is to introduce 13 million US products on the ruten.com Web site, with members to be able to search for items in Chinese on the site and pay with Taiwan-issued credit cards, Ruten said.
People can also make inquiries in Chinese to US vendors through the Web site, as they would be translated into English, it said.
Ruten is a subsidiary of PChome Online Inc (網路家庭), the nation’s largest e-commerce operator.
“EBay is the most well-known Internet exchange market globally ... both teams have cooperated intensively on technical issues and platform services to render cross-border transactions effortless,” PChome Online chairman Jan Hung-tze (詹宏志) said on Tuesday.
EBay Asia-Pacific senior vice president Jooman Park said that the cooperation is entirely focused on Taiwanese customers.
The number of eBay items sold on Ruten’s site is expected to increase in the near future, Park said.
Ruten said the cross-border services exemplify the progress it has achieved through Rutopia, a workshop established in 2017 to focus on developing artificial intelligence services for the online platform.
The company is planning similar partnerships with other US and European e-commerce platforms, it said.
Ruten has more than 11 million members and its online platform recorded a gross merchandise volume of more than NT$330.5 billion (US$10.72 billion at the current exchange rate) as of the end of last year.
More than 380 million products are available on its Web site, the company said.
Separately, PChome on Friday announced an exclusive e-commerce deal with Walt Disney Co (Taiwan) Ltd (台灣華特迪士尼) to capitalize on Avengers: Endgame, which is to be released on Wednesday.
It is implementing new market strategies to combine entertainment with consumption, PChome said, adding that it is the third time the company has cooperated with Walt Disney, but the first time for an Avengers movie.
The company is to offer Avengers’ merchandise on its platform and install a giant logistics box relating to the movie’s theme at Shin Kong Mitsukoshi Plaza (信義香堤大道廣場) in Taipei’s Xinyi District (信義) to promote the movie, it said.
PChome reported revenue of NT$9.20 billion for the first quarter of the year, a 12.29 percent increase compared with NT$8.21 billion in the same quarter last year.
NOTABLE SHIFT: By 2030, 50% of all laptops would be assembled in Southeast Asia, while Taiwan would still mostly focus on research and development, a report said Global laptop and desktop computer supply chains are expected to shift significantly away from China in the next 10 years, a Market Intelligence & Consulting Institute (MIC, 產業情報研究所) report said. By 2030, only 40 percent of global laptop production would remain in China, said the report, which was released on Thursday. “The reshuffling of the global supply chain will be one of the most important trends in the next 10 years,” the institute said in the report. “In the long run, key component makers will follow laptop assemblers in moving out of China.” The Taipei-based institute predicted most key component makers
Merck Group Taiwan yesterday said that it plans to invest substantially on expanding its fab in Kaohsiung’s Lujhu District (路竹) to better serve its local customers, including Taiwan Semiconductor Manufacturing Co (TSMC, 台積電). The company said it plans to expand its production space by 50 percent in the next five years and its workforce by about 40 percent, Merck Group Taiwan managing director Dick Hsieh (謝志宏) told a media briefing in Taipei. Hsieh declined to disclose investment details, but said that the latest investment would exceed the total amount Merck has invested in Taiwan over the past few years. Those investments would be
INVEST IN TAIWAN: A metal components casting firm and the world’s largest maker of aluminum bicycle rims also obtained approvals to join the program Solar Applied Materials Technology Co (SOLAR, 光洋應用材料), a part of Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) “green supply chain,” has pledged to invest NT$1 billion (US$34.1 million) to build a new plant at the Tainan Technology Industrial Park (台南科技工業區), the Ministry of Economic Affairs said yesterday. SOLAR has been collaborating with TSMC to extract precious metals from waste and reuse them as “sputtering target” material in high-end semiconductor manufacturing, a TSMC press release issued in May said. Established in 1978, SOLAR also offers key materials and integrated services to customers in the optoelectronics, information and communications technology, petrochemicals and consumer electronics industries,
‘SWARM TECH’: Joint venture FARobot is to develop autonomous mobile robots that would first be deployed in Hon Hai’s factories to optimize production efficiency Hon Hai Precision Industry Co (鴻海精密) and Adlink Technology Inc (凌華科技) have formed a robotic venture that aims to use “swarm technology” to create robots that can communicate with one another on the factory floor to optimize production efficiency. Hon Hai is Apple Inc’s leading iPhone assembler and the world’s largest contract electronics maker, while Adlink supplies industrial computers and Internet of Things solutions. Through a subsidiary, Hyield Venture Capital Co (鴻揚創投), Hon Hai holds a 51 percent stake in autonomous mobile robot (AMR) developer FARobot (法博智能移動), while Adlink owns the remaining 49 percent. Together, the two companies put up NT$200