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GEORGE TOWN (July 10): Malaysian small and medium-sized enterprises (SMEs) are urged to leverage on the platform provided by eBay, a global e-commerce leader, which currently can be reached by 180 million active buyers from 190 countries.

eBay Southeast Asia seller growth head Wong Mei Inn said there were only about 9,000 Malaysian sellers active on the eBay platform currently.

"Out of the 9,000 active Malaysian sellers on eBay, 77% of them have started to export their products to buyers globally, and the majority of them are involved in auto parts, electronics and collectable items businesses," she told reporters, after the launch of a one-day eBay training workshop here today.

Wong also added that one the Malaysian sellers on the eBay platform had recorded US$34 million (US$1=RM4.13) in sales last year.

"In an effort to boost the adoption of e-commerce among local businesses, eBay organised this ‘Let's eBay’ training workshop that is designed for SMEs with little or no e-commerce experience.

“The workshop is held with the cooperation of the Malaysian External Trade Development Corporation (Matrade) and Malaysia Digital Economy Corporation (MDEC),” Wong said.

She said eBay also had launched a six-month ‘Let’s eBay Academy Programme’ that was designed to incubate new sellers.

Let's eBay Academy Programme is a training workshop co-organised by eBay, MATRADE and MDEC that aims to help aspiring entrepreneurs kickstart their e-commerce business and connect with the global marketplace of active buyers.

Elaborating on the academy, Wong said the registration was ongoing until the end of this month.

Meanwhile, Penang Domestic and International Trade Committee chairman Datuk Abdul Halim Hussain said entrepreneurs and business owners should seize the opportunity and venture into e-commerce to grow their businesses.

He said the state government had set a target of 30% penetration and adoption of e-commerce among entrepreneurs in the next five years.

"There is a lot of opportunities in our state's economy, especially with Penang being a prominent high-technology manufacturing hub for global brands," he added. — Bernama

Source: https://www.theedgemarkets.com/article/malaysian-smes-urged-explore-ebay-platform-go-global