eBay appoints new head of emerging markets covering regions such as Southeast Asia and India

eBay introduced right now that it has appointed Vidmay Naini as basic supervisor of world rising markets, protecting the corporate’s development in Southeast Asia, India, Jap Europe, Israel, the Center East, Africa and Latin America. Previous to his new place, Naini ran eBay’s Southeast Asia and India companies.

Naini has been with eBay for 18 years and his earlier initiatives embody eBay’s strategic funding in Flipkart.

“The digital economic system is rising exponentially in these markets, with small and medium-sized companies accelerating its development,” Naini mentioned in a press release. World e-commerce platforms like eBay can revolutionize export alternatives and develop the attain of those companies.”

eBay highlights 2022 in its announcement about Naini’s appointment Southeast Asia Small Online Business Business ReportHe discovered that 99% of all small companies on eBay now export merchandise to a mean of 25 completely different worldwide markets on an annual foundation.

Particularly in Southeast Asia, 68% of “eBay-enabled small companies” in six international locations (Indonesia, Thailand, Vietnam, Malaysia, Philippines, and Singapore) export to 10 or extra worldwide markets.

Naini told Tech Wire Asia He mentioned he anticipated to see sturdy development in Southeast Asia final July, and eBay’s enterprise within the area was simply beginning to take maintain. “Now we have seen vital development in our enterprise, particularly with SMEs promoting to the world from this area. The reality is, we’re solely scratching the floor as a result of we nonetheless see eBay as a really new enterprise right here and we anticipate it to develop exponentially.