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ePRO Ltd Acquires Trading Partner MadeInChina.com
Dec 31, 2011 (09:12 AM EST)
HONG KONG, Dec. 31, 2011 /PRNewswire-Asia/ -- ePRO Limited (ePRO, HKEx code 08086 ) has announced their acquisition of B2B website MadeInChina.com in November, 2011.
ePRO Limited, through its subsidiaries, develops and implements e-commerce enabling software products including e-logistics, e-billing, and e-trading applications. The Company also provides system integration and information technology related services.
MadeInChina.com is an online trading platform that allows sellers to post information on merchandise to attract buyers. Sellers deliver the orders and when completed MadeInChina.com collects a commission from that sale.
Seeing a substantial growth rate through quarters three and four of 2011, MadeInChina.com sales increased seven-hundred percent in that period. However, despite having sales in the seven-figure USD range, the feat was downplayed by Business President Candice Liu in a statement that simply said "Our base is indeed small, but growing fast." Liu also said that she did not intend to spend a lot of money on promotion and advertising.
MadeInChina's growth was achieved mainly through internal reorganization and the transformation and shopping sites optimized for high sales numbers. French, Russian and others language versions of MadeInChina.com are forthcoming, but there will be no Chinese version because MadeInChina.com will focus on trading outside of China only.
The economic slow-down which began in 2007 has ushered in an era of small online trading platforms geared towards rapid growth. A large number of these domestic SMEs compete in an online arena of low-cost high quality clothing, accessories and consumer electronic products from non-Chinese buyers. The number and turnover of goods has exponential growth potential.
SOURCE ePRO Limited