This week eBay’s Kristen Foster briefed senior Malaysian Government officials and Malaysian small businesses visiting Australia on the benefits of cross border trade facilitated by ecommerce. The briefing was part of the Malaysia External Trade Development Corporation’s (MATRADE) Export Acceleration Mission in conjunction with the Malaysia Business Forum. An eBay study with global law firm Sidley Austin LLP in 2015 found that eBay commercial exporters in the ASEAN region reach an average of 33 international markets, despite the fact that the ASEAN region accounts for less than 1% of global online retail.
eBay has a partnership with MATRADE aimed at growing the number of ASEAN on eBay’s marketplace and this Malaysia Business Mission was a further extension of that program.