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September 21, 2017

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ROC non-store commerce marks new record: MOEA

TAIPEI, Taiwan -- The Department of Statistics under the Ministry of Economic Affairs revealed yesterday that the non-store commerce in Taiwan has observed a steady increase in the last decade, with last year marking an all-time turnover rate of NT$194.8 billion.

In the wake of the growing convenience in technology, non-store commerce has transformed drastically in the last two decades from telemarketing to the now-popular e-commerce. With the exception of the credit-card debt outbreak of 2006, where the market experienced a low desire in consumerism by the general public, the market has observed a steady progression in the last decade.

From a turnover rate of NT$ 87.5 billion in 2003 to NT$194.8 billion in 2013, non-store commerce is currently one of the popular choices of shopping adopted by the Taiwanese people. And with Taiwan's exceptional IT industry, said Liao Shang-wen (廖尚文), president of the Chinese Non-store Commerce Association (社團法人中華無店面商務發展協會), non-store commerce will only continue to rise, potentially expanding internationally.

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