eCosway Company Background ：eCosway Hong Kong TET Team：Xuite日誌

eCosway work from home, eCosway part-time, eCosway create your own business, eCosway investment opportunity, eCosway financial freedom.

Berjaya Corporation ~ Strong assets and financial background

Berjaya Corporation (BERJAYA GROUP BERHAD, listed stock company code is 3395 in stock exchange of Kuala Lumpur),is a multinational Group originated from Malaysia in 1984 in Malaysia, with more than 150 related businesses and over 24,500 employees around the world. The Group's total revenue was about AUD 2.7 billion in 2003, ranking top five in Malaysia. It operates over 40 holiday villages, set up companies, logistics industries, shopping malls, gambling (lottery), 7-eleven, starbucks coffee and so on. In 2003, its total assets was nearly USD 3 billion (about AUD 4 billion). The company mentioned below is Cosway, which is one of Berjaya Corporation 's subsidiaries.

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Cosway ~ 27 years experience in building up the distribution channel

Views at Cosway discount stores Cosway building in main

business area of Kuala Lumpur

Cosway (Cosway Sdn Bhd), found in December 1979,it is under operation of Berjaya Corporation (COSWAY CORPORATION BHD). listed stock company code is 4812, in stock exchange of Kuala Lumpur, note 1). Cosway has its headquarters in Malaysia, branches in Philippines, Thailand, Singapore and Mexico. It makes “offer consumers good prices and excellent quality”its business idea. Since founded, Cosway has been supplying consumers with all kinds of goods at really cheap price and excellent quality by mail or discount stores. It use the concept of mutual-benefit marketing in commodities to unite consumers and operators, successfully implement the idea of「consume to wealth」.Cosway has extended to be the biggest share in Malaysia market. For its cheap and nice goods policy, many consumers are retained. Its annual turnover increased year by year and didn’t affected by the economic turndown(the turnover was about AUD 0.55 billion in 2003).After merger to Berjaya Corporation in 1993,with its large resources, Cosway has been developing in a much faster and more steady way.

(note1:Cosway Group-COSWAY CORPORATION BERHAD, It is a subsidiary group under Berjaya Corporation. In 2003, its asset reached USD 0.46 billion, about AUD 0.6 billion.)

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eCosway~ combine with the internet market business

As most of the successful enterprises, Cosway has developed to mature period, still it actively exploits the international market. It should have set up branches directly in China like other foreign companies, recruiting members gradually. But Cosway hasn't done this until now, before a certain amount of members. there would be costs like tax, stores rent, salary and so on, so though the commodities are ”nice”, they aren’t “cheap”. Smartly, Cosway first used Internet for global distribution, eCosway (eCosway.com) emerged accordingly. eCosway was founded in October 2001,with its capital about USD 40 million / AUD 600 million. Its headquarters was set up in Kuala Lumpur, capital of Malaysia. At that time, Cosway was a multinational corporation with global Shoppers, vendors and owners (direct distributors).Apart from Cosway main office, there is another major shareholder, MOL.COM (Malaysia online company. This company is also a listed company on primary dealers board in stock exchange of Kuala Lumpur). MOL.COM provides eCosway with the professional technology on global network system for Internet malls; In addition, Cosway’s computer software and hardware equipments are supported by IBM (currently uses IBM SP deep blue computers as the main hardware).

Cosway Taiwan branch: Started running in Feb 2005, it is Cosway (M) SdnBhd (Cosway)'s office in Taiwan. Its operating principle is the implementation of eCosway’s business model. With the general administration office in Taizhong, Cosway Taiwan branch set up business centres in Keelung, Taipei, Neihu, Xindian, Sanchong, Shulin, Bade, Taoyuan, Xinzhu, Zhongli, Miaoli, Taizhong, Xizhun Taizhong, Changhua, Nantou, Douliu, Jiayi, Tainan, Yongkang, Gaoxiong, Fengshan, Pingdong, Yilan, Hualian, Taidong, Penghu, Jinmen and other places.(more stores are coming around towns and cities of Taiwan) Registered in Fair Trade Commission, Executive Yuan, R.O.C (Taiwan) (please type in eCosway for checking) and Ministry of Economic Affairs, R.O.C.

Cosway Hong Kong branch: started running in September 2006, it is Cosway (M) SdnBhd (Cosway)'s office in Hong Kong. Its operating principle is the implementation of eCosway’s business model. The general administration office locates in Tsim Sha Tsui, Kowloon. The foundation of the Hong Kong branch will be an important milestone for Cosway to enter Chinese huge market. In January 2007, Sheung Shui branch was set up.

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eCosway is the owner which we mentioned earlier. You can directly participat in operation and share profits with people around the world through network. eCosway is fully supported by a strong multinational consortia, it's your assured partnership.

Now let's have a look at the Product Feature that eCosway offers.

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