eBay introduced at present that it has appointed Vidmay Naini as its basic supervisor for international emerging markets, a job that covers the corporate’s progress in Southeast Asia, India, Eastern Europe, Israel, the Middle East, Africa and Latin America. Before his new place, Naini led eBay’s Southeast Asia and India companies.
Naini has been with eBay for 18 years and his earlier tasks embrace eBay’s strategic investment in Flipkart.
In an announcement, Naini mentioned, “the digital economy is exponentially growing in these markets, with small and medium-sized businesses propelling its growth. Global e-commerce platforms such as eBay can revolutionize export opportunities and expand the reach these businesses can achieve.”
In its announcement about Naini’s appointment, eBay highlighted its 2022 Southeast Asia Small Online Business Trade Report, which discovered that 99% of all small companies on eBay at present export gadgets to a mean of 25 totally different worldwide markets on an annual foundation.
In Southeast Asia particularly, 68% of “eBay-enabled small businesses” in six international locations—Indonesia, Thailand, Vietnam, Malaysia, the Philippines and Singapore—export to 10 or extra worldwide markets.
Naini told Tech Wire Asia final July that he expects to see robust progress in Southeast Asia and that eBay’s enterprise within the area was simply starting to take maintain. “We’ve seen significant growth in our business, especially with the SMBs selling from this region to the world. The truth is, we are just scratching the surface because we see eBay as a very nascent business here still, and we expect it to grow multifold.”
