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E-Commerce : Future of B2B Portals in Asia  (May 24, 2003)

Matrix net-on-line Limited completed three years operations of  their b2b portals AsiaTradeHub.com, Vyapaarasia.com, these e-biz portals launched on 25th May 2000 during peak time of Dotcom and marketed their services to promote trade opportunities in Asia. After reviewing last three years of operations we learned that lot of efforts required to get confidence of clients to use AsiaTradeHub.com for business sourcing and using services to enhance their businesses to wider customer base without spending heavy cost . We believe that making trust was biggest challenge and slow process. Inspite of  this, AsiaTradeHub.com managed good reputation in market and now having more than 7000 registered companies from Asia using online services as well as near about 2200 companies from Asia offering/ introducing their products to wider buying community through us. said Keshav Gandhi, CEO, AsiaTradeHub.com.  

With  current  assessments, the E-biz  will get boost  by 2005. Asia will see near about 35-40 Billion $  business through b2b Portals. In addition, when WTO Agreements become effective the businesses through b2b Portals will see 2-4 folds of  increase from current predictions.  

Considering all steps towards widening the scope of ecommerce by almost all Asian Countries the future of b2b Portals in bright and it will help all to make business sourcing & e-biz more effective.  

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