eBay, MATRADE and MDEC delivers eCommerce training for small businesses seeking global sales opportunities

‘Let’s eBay’ to help aspiring entrepreneurs kickstart their eCommerce business and connect with the global marketplace of active buyers

KUALA LUMPUR, 13 April 2019 – eBay today launched the “Let’s eBay” training workshop with MATRADE and MDEC as partners here at The Grounds KL. This workshop is the first in a series initiated to deliver training to small business and entrepreneurs seeking new global sales channels in the fast-growing eCommerce sector.

A combination of a strengthening local manufacturing sector and favourable exchange rates has of enable strong growth in eCommerce exports from Malaysia to the rest of the world. Today, a products directly to consumers all around the world on eBay.

According to eBay Head of Southeast Asia Seller Growth Wong Mei Inn, “Malaysia’s cross border trade (CBT) exports are still at relatively nascent stage and there is huge opportunity for more small businesses to join the ranks of eBay sellers. By listing their products on eBay’s global marketplace, Malaysian businesses can reach 179 million active buyers all around the world.”

“Let’s eBay has been designed for the small business or entrepreneur who has little or no ecommerce experience but wants to learn directly from source,” said Wong.

“eCommerce has been recognised as one of the key enablers to accelerate revenue growth for the Malaysian economy, under the Digital Malaysia Initiative,” said MATRADE CEO Dato’ Wan Latiff Wan Musa. “The government through relevant Ministries and agencies, together with the private sector are ramping up efforts to get Malaysian companies, especially the MSMEs (Micro Small & Medium Enterprise) to move towards digitalisation.”

Welcoming this initiative, Song Hock Koon, Director of eCommerce, MDEC commented, “As a trading nation, Malaysia is now moving up the value chain and trading in ideas, innovation and new technologies in a spirit of collaboration to built our future. Not only is growing Malaysia’s eCommerce sector one of these fundamental building blocks to our development as a digital nation, but it is exciting that every Malaysian can contribute to this growth through eCommerce.”

Approximately 98.5% of business establishment are made up of small medium enterprises (SMEs) and their contribution make up 17.3% of the country’s exports. According to the Department of Statistics Malaysia (DOSM), the digital economy in 2017 contributed 18.2% to Malaysia’s GDP, with the potential to rise to 20% of GDP by 2020.

During the full day event, Let’s eBay featured partners like MATRADE, MDEC, PayPal and DHL sharing examples of global opportunities for Malaysians SMEs, practical advice on getting started in the eCommerce industry, inspiring success stories as well as government infrastructure and initiatives which support entrepreneurs to grow their business.

Following Kuala Lumpur, Let’s eBay will travel to Penang and Johor in the coming months as part of extending their support for entrepreneurs.

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Edelman Malaysia                                                         Edelman Malaysia

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