11street announced its latest collaboration with UITOX, the first ever largest online marketplace in Taiwan to introduce 200 élite brands from Taiwan along with around 150,000 products from Taiwanese sellers.
This partnership signifies the launch of TW Street, UITOX’s official store on 11street, bringing popular fashion brands like OB Design, Pazzo, Toki Choi, and beauty brands such as 1028, Dr Wu, Forbelovedone, Dr Doruxi, and renowned Taiwanese food such as pineapple cake, Gong sugar, red bean water and more.
11street’s chief executive officer, Hoseok Kim shared that based on observations, the demand for popular overseas products in Malaysia is increasing especially for cosmetics, accessories such as watches, clothing, electronic gadgets, jewelry and personal care goods, which is reflected in the country’s import patterns and the growing needs by consumers1.
According to MATRADE’s report on top major imports for 2015, Malaysia’s import just for textiles, clothing and footwear grew more than 60 percent from RM 8.48billion to RM 14.21billion compared over the same period of 20142.
“Partnering with UITOX, 11street is able to introduce more quality international products into the local market, serving as part our commitment to better fulfill Malaysian consumers’ demands with a good mix of local and overseas products.”
Today, 11street boasts more than five (5) million total product listings which includes a good variety of Cross Border Trading (CBT) products on the online marketplace platform.
Majority of these CBT goods come from Korea, Hong Kong, Japan, and United States and the top 3 most purchased categories for CBT products are Health & Beauty, Fashion and Electronics items.
In conjunction with its debut on 11street, the products under UITOX will be made available to Malaysian shoppers via various special promotions.
Customers can now enjoy free international shipping storewide and a 50% discount on selected items starting from 15 February 2016 onwards. To find out more, please visit TW Street.
11street and UITOX together aim to not only support the increase of quality international brands stepping into the Malaysian market, but prides itself on offering shoppers the convenience of finding affordably priced brands and products that they love.