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Kuala Lumpur, October 22, 2009 – eBay, PayPal and Malaysia External Trade Development Corporation (MATRADE) organized a seminar titled, “Empowering Business Through E-Commerce on eBay” for Malaysia’s Small and Medium Enterprises (SMEs) on Wednesday, 9 September, at Menara MATRADE, Kuala Lumpur.
Over 280 SMEs across various industries such as clothing and accessories, automotive parts as well as consumer electronics attended the full day seminar which was designed to ensure that they are fully aware of the global business opportunities that e-commerce brings. The seminar featured speakers from eBay and PayPal as well as partners such as DHL and UPS who covered topics on e-commerce trends and opportunities, how to leverage eBay’s global online marketplace to sell successfully, PayPal’s safer and easy online payment solution and efficient ways to ship products internationally.
“Malaysia has strong e-commerce potential. According to IDC, there are 16.2 million internet users in Malaysia and online trade is expected to grow at a compound annual growth rate of 20% till 2010,” said Jason Lee, Head of Expansion at eBay. “On eBay, Malaysia is one of the most active markets in cross border trade within Southeast Asia. In the past year, total value of goods transacted by eBay users in Malaysia grew by 51%.”
“We are truly privileged to receive the full support of MATRADE, and look forward to a fruitful relationship as we work together to enable SMEs to make their products available to over 88 million eBay users worldwide,” added Jason.
Dato’ Noharuddin Nordin, Chief Executive Officer at MATRADE said, “The partnership between eBay and MATRADE is indeed an exciting and timely one. We are living in the Internet age, where the world does not sleep. With a global presence in 39 markets worldwide, eBay provides unlimited opportunities for Malaysia’s SMEs to reach a broader international audience and create a new business model in today’s competitive environment. PayPal also plays a key role in this partnership by offering SMEs the ability to accept various payment options for their international payments as well as extending their reach to over 75 million active, online PayPal accounts in 190 markets around the world.”
“Working with eBay and MATRADE is a natural fit with PayPal’s objectives to empower Malaysia’s SMEs to extend their reach beyond Malaysia and take advantage of global business opportunities and add to their bottom line profits - especially in key import markets such as the U.S, U.K., and Australia, where PayPal is one of the most preferred ways for consumers to pay online1”, said Mario Shiliashki, General Manager of PayPal Southeast Asia and India.
The response for the 9 September seminar was very positive. Out of the seminar attendees, over 75% signed up for both the eBay OnRamp program, which features educational sessions on how to sell internationally, as well as the eBay and PayPal fee promotions exclusive to SMEs under MATRADE. The fee promotions include rebates of up to US$600 worth of insertion fees and selected feature fees for the first 100 eBay listings, as well as up to a 25 percent discount on transaction fees for the first 100 payments received via PayPal.
William Wee, Managing Director at Polygon Traders Sdn Bhd said, “I came all the way from Penang just to attend this e-commerce seminar by eBay and found it to be very informative. eBay presents huge opportunities for companies who are keen to take their business online and expand their sales channels internationally, in a low cost and efficient way.”
All SMEs under MATRADE, who would like to register for the eBay OnRamp program and the eBay and PayPal fee promotions, can email
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