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January 11, 2007

Woo-ha; e-commerce in China

Scent_of_a_woman

There's e-commerce gold in them thar…um, bear with me. No, can't finish that one, I meant in China. Yes, it seems as with laptop manufacturing and software development, the Orient is becoming an increasingly attractive place for firms which facilitate e-commerce. ATG, which makes e-commerce software for businesses, yesterday announced a major new customer; online marketplace Wooha, which presumably got its name because the founders were fans of the Al Pacino classic, Scent of a Woman (go on, watch it if you don't believe me).

Then there is Japanese online shopping mall Rakuten, which is planning to expand west, possibly later this year, as its home market stagnates – according to that paper with the girly pink pages, that is. ATG claims the potential for growth in China is significant, which is not hard to see, if its figures add up; there are 123 million internet users in China but only 24 percent currently shop online, according to the e-commerce specialist. Now I'm no expert but…it would certainly seem to pay off to get in there early, especially when there is such a rich seam of online gold to be mined.

1 Comments

The population of Asia doesn’t seem to be moving quicker towards online shopping like many models have shown they would. Asian countries are very into what they’re into; they have their own online instant message systems and their own places to shop. It’s not because of the cultural climate that the web aficionados are heading east, it’s because Asians tend to be smarter and quicker with coding services and with web development—helloooo, they invented Nintendo; their technological prowess is what attracts the big bucks and the big companies. We all need to be working harder, not standing in awe, as our economic power producers of the internet hop on the Orient Express. We’re about to be left in the dust and we won’t be riding on any coattails, I can assure you that. Asian countries are producers—that’s what they do, they produce, in large quantities and with awesome quality. The internet is hard to manufacture and there are few people who can do it faster than most people can find a light switch. And that’s what it’s about. We want something and we want it now and where do you go if you want it now? The guys who do it the best and the quickest and that, my friend, lands you in Asia.

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