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DHgate introduces MyyShop for building a decentralised ecosystem

Monday 21 September 2020 14:06 CET | News

China-based B2B cross-border ecommerce marketplace DHgate has launched MyyShop, a new Software-as-a-Service (SaaS) product for decentralised cross-border ecommerce.

As the pandemic continues to spread, international trade shrinks, and the local economy is damaged, directly impacting vulnerable small, medium, and micro enterprises and individuals worldwide. However, cross-border ecommerce, particularly the decentralized cross-border ecommerce, has brought new forces to the global trade and ecommerce industry, providing them a solution to weather the storm, according to Yahoo Finance.

MyyShop creates a decentralised ecosystem in global trade, enabling everyone to participate in international trade. The decentralised ecommerce model is a consumer-centric ecosystem combining ecommerce infrastructure and multiple private domain channels, such as Facebook, Instagram, WhatsApp, TikTok, and offline stores. MyyShop provides tools and services with a focus on two businesses - online store creation and advanced dropship services for private domain traffic monetisers or social commerce influencers.

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Keywords: DHgate, MyyShop, ecosystem, decentralisation, China, B2B, cross-border, ecommerce, marketplace, SaaS, cross-border ecommerce, pandemic, international trade, local economy, SMEs, global trade, consumer-centric ecosystem, ecommerce infrastructure, Facebook, Instagram, WhatsApp, TikTok, online store, dropship, traffic monetisers, social commerce influencers
Categories: Banking & Fintech | E-invoicing, SCF & E-procurement
Countries: China
This article is part of category

Banking & Fintech