[ASIA] B2C revenues are expected to almost double in Taiwan in 2001, but many small, Web-only B2C enterprises will struggle to survive, the Chinese-language Publishing Industry::
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Commercial Times reported Tuesday.
The state-sponsored Institute for Information Industry predicts that B2C revenues will increase from last year's NT $3.95 billion (US $120 million) to NT $7.54 billion (US $230 million), the report said.
B2C ventures in Taiwan are battling against a stagnant economy and a highly-developed retail sector. Moreover, many Internet users are skeptical about the security of online transactions. PART 3~15::
File Format: PDF/Adobe Acrobatmature product markets. But even there, the prospects for small firms remain. bleak in a KBE because large firms still enjoy economies of scope in applying
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Many in the Internet industry expect that the first six months of this year will be a period of consolidation, the newspaper said.
Companies with capital of less than NT $50 million (US $1.5 million) will likely have to merge, or find backers with deep pockets, if they are to survive into the second half of the year. DX LISTENING DIGEST AUGUST 2003 ARCHIVE::
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Established brick-and-mortar enterprises are seen as more likely to succeed in the B2C field than Web-only startups, the report said.
One such company cited in the Commercial Times article, bookstore chain Kingstone, Tuesday announced plans to sell books over the Web beginning June this year.
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