Friday, June 27, 2014

TAITRA inks partnership agreement with Amazon

News this week: Earlier this month, the Taiwan External Trade Development Council (TAITRA) and NASDAQ-listed e-commerce company, Amazon.com Inc., signed a memorandum of understanding (MoU) to partner on expanding the international reach of companies listed on TAITRA’s e-commerce platform.

TAITRA’s B2B e-commerce platform, Taiwantrade, currently has about 67,000 company and 330,000 product listings. Sellers from Taiwantrade will be vetted before their products will be listed through Amazon’s platforms. As part of the agreement, Amazon will reportedly waive its sales fee for approved listings on Amazon.uk.

According to TAITRA, the bureau has previously signed similar partnership agreements with other U.S.-based companies including eBay Inc. and Newegg.com Inc., as well as Japan’s IPROS Corp.

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