It is reported that Cambodia recently launched the Tinh Tinh e-commerce platform, which is a platform supported by the Cambodian government and aims to help Cambodian companies sell products in the global market.
Tinh Tinh’s creators call it the dominant e-commerce platform in Cambodia, which is jointly owned by Cambodia Post Electronic Solutions, a joint venture between Cambodia Post and China’s ZVS Investment Company, and local technology company Paxxa Mobile Solutions.
Its creators stated that Tinh Tinh e-commerce serves as a logistics and intermediary agency that provides a wide range of comprehensive online services, among other roles. Ork Bora, director of the Cambodian Post Office, said: Tinh Tinh is a "buy, buy" Khmer . The platform is available in Khmer, English and Chinese, and its initial capital is US$1.5 million. Cambodia Post, a public enterprise established in 2011, holds 10% of the platform, while ZVS owns 50% and the remainder is owned by Paxxa Mobile Solutions.
Bora also said: “I believe this platform will help local businesses, especially small and medium-sized enterprises, to sell their products online in the global market.” Meas Sopheary, chairman of
Cambodia Post E-Solutions PLC, said: “Tinh Tinh e-commerce is the key to Cambodia’s success. A certified online marketplace and the largest online shopping platform in Cambodia, with tens of thousands of products, Cambodia Post Electronic Solutions Company and Tinh. Tinh jointly, it will also become one of the popular online purchasing applications,”
Sopheary said Cambodian merchants no longer need to worry about advertising costs. They welcome merchants to sell products on the platform, and the company will sign agreements with several banks to ensure the security of transactions. At the same time, they are also cooperating with Cambodia Post and Zhongtong Express to ensure the efficiency of the logistics system.
According to data from the Telecommunications Regulator of Cambodia (TRC), the number of Internet users in Cambodia (including mobile Internet and fixed Internet) increased by 31.6% in the first half of this year and is currently 15.8 million, equivalent to 98.5% of the Cambodian population. TRC noted that as of February, Facebook had 7 million users in the country.
Tram Iv Tek, Cambodia’s Minister of Post and Telecommunications, said at the press conference, “Tinh Tinh will play an important role in developing Cambodia’s digital economy . This is an important initiative in line with global economic trends in the digital age, and Cambodia also needs more More investment in technology to diversify the economy. Cambodia’s economy used to rely heavily on the agricultural sector, but now industry and services are becoming Cambodia’s economic driving force.”
(Compiled by Hugo.com) Chen Jie)
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