E-gogo Holdings Limited (“E-gogo”), a leading e-commerce enabler, has signed a Memorandum of Understanding (“MoU”) with the Hong Kong Trade Development Council (“HKTDC”) to help Hong Kong companies enter the Indonesian market via the e-commerce route.
The MoU includes a six-month trial programme which involves both entities to enable launching of selected products on suitable online marketplaces in Indonesia, company officials said. E-gogo is an associate company of AV Concept Holdings Limited, a Hong Kong Stock Exchange Mainboard-listed company.
As a part of the agreement, E-gogo will provide its E-commerce Services, which includes but is not limited to marketing, e-shop management, customer care and fulfilment. “We are honoured to be given the opportunity by HKTDC to work with Hong Kong’s enterprising community and help them with their expansion plans into Indonesia. Our team has a wealth of experience navigating through a diverse market that is Indonesia, and we are confident of providing customised solutions for the best go-to-marketplace strategy for participating companies, said Kevin So, Co-Founder and CEO of E-gogo.
Based on the e-Conomy Southeast Asia 2020 Report by Google, Temasek and Bain & Company, the Internet economy remains resilient at US$100 billion gross merchandise value despite the global slowdown.
As more consumers and small & medium enterprises come online, that figure stands at over US$300 billion, which presents a corresponding rise in demand for e-commerce enabler services from companies going offline to online.