Page 17 - Services

4 E-Commerce

The Korean company Line announced its collaboration with 11 startup
companies in Taiwan and ventured into e-commerce, car leasing, and a ride
service platform. It hopes to invest in startup industries in Taiwan, take what it
learns in the process, and use the resources of the LINE Group to jointly promote
startup enterprises in Taiwan on the global market. Its primary targets are digital
lifestyle services in Southeast Asian markets such as Thailand. Rakuten, the
largest e-commerce platform in Japan, also continued to increase its investments
in Taiwan. It has integrated e-commerce operations, general entertainment, and
FinTech applications, and has accumulated more than 6.5 million members and
560 thousand credit card users in Taiwan. The Rakuten Internet-only bank will
begin operations in Taiwan as early as the second half of 2020.
American company Amazon Global Selling, having recognized Taiwan's
advantages in low costs, good products, and convenient logistics services,
continues to implement its three major strategies of helping brands transform,
assisting the transformation of foreign trade, and building service networks.
It helps Taiwanese sellers reach Amazon users and millions of corporate and
institutional buyers across the world to embrace the business opportunities in
global cross-border e-commerce.

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