TAITRA, Amazon sign MOU on close links

Taipei, June 9 (CNA) The Taiwan External Trade Development Council (TAITRA), the country's major trade promotion body, signed a memorandum of understanding (MOU) Monday with Amazon.com Inc., the world's largest online retailer, to forge a partnership agreement. Following cooperation with eBay Inc. and Newegg.com Inc. of the United States, along with Japan's IPROS Corp., the signing of the MOU marks TAITRA's latest efforts to promote e-commerce platforms, expand overseas markets and boost exports. Amazon provides its services in 65 countries, with 2 million sellers and 200 million active users worldwide, making it the world's largest e-commerce platform. According to a report by the U.S.-based eMarketer research institute, over 1 billion people purchased goods or services over e-commerce platforms worldwide in 2013, with total turnover reaching US$1.2 trillion. The global e-commerce market is expected to continue strong growth in the coming years, the report said. (By James Lee)