27/01/2020
Bisnes yg mudah dan lumayan. Boleh buat je dari mana2. Jom baca seterusnya.
https://www.thestar.com.my/business/smebiz/2019/09/30/making-e-commerce-social
*Making e-commerce social*
*Monday, 30 Sep 2019*
Its chief executive officer D**g Fang says that *Fingo is a social e-commerce platform*, a concept made popular in China thanks to companies such as Nasdaq-listed Yunji and Beidian. These social-based e-commerce platforms operate on the new retail management model known as the S2B2C (supply-to-business-to-customer) model.
D**g says the company has invested about *RMB100mil (RM58.9mil)* over the past one year to set up the entire operations, including an IT support operation in Hangzhou, China and its Malaysia mobile e-commerce app and operation platforms.
*According to D**g, Fingo is currently ranked sixth in terms of the number of downloads in Malaysia.*
The company will start talks by this year to raise up to *US$100mil (RM419mil)* in new funds to help its expansion into at least six other markets in the Asean region, says D**g. It is targeting investments from Chinese venture capitals (VC) and other South-East Asia technology focused funds.
The market scale of China’s social commerce sector is expected to reach *RMB2.07 trillion (RM1.2 trillion) in 2019*, an increase of 63.2% year-on-year, given the increasing use of mobile technologies to access social media.
Currently, more than 80% of Fingo’s products that are listed on the platform are from Alibaba’s e-commerce sites Tmall and Taobao but D**g expects that over time, *over 60% of the total products will be sourced from merchants and businesses from within Asean*. He adds that many local entrepreneurs are already thinking about starting an e-commerce business and this could be a good opportunity for them.
E-COMMERCE has made quite a mark in the retail scene. As brick-and-mortar businesses face the challenge of slower sales and the need to adapt, the fast growing digital retail segment, it seems, is also faced with increasing competition as e-commerce evolves.
