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Taiwan market: Yahoo! expects over NT$10 billion in 2009 B2C sales value

Marvin Ma, Taipei
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Yahoo! Kimo (Yahoo! Taiwan) on December 2 announced that Yahoo! Kimo Mall, its B2C online shopping platform, will reach a GMV (gross merchandise volume, i.e. online retail sales value) of more than NT$10 billion (US$310 million) in 2009, increasing by 25.6% from 2008.

Currently, there are about 2,000 suppliers and 5,000 brands of merchandise available at Yahoo! Kimo Mall, Yahoo! Kimo indicated. Yahoo! Kimo aims to double annual GMV in three years, the company pointed out.

Article translated by Adam Hwang