Want China Times
Date: 2015-10-15
By: CNA
A new mobile commerce app was launched in Taiwan on Wednesday with
JKOS Network CEO Kevin Hu launches the app in Taipei, Oct. 14. (Photo/Hung Hsi-lung)
the aim of signing up thousands of convenience stores, supermarket chains and department stores, allowing them to more easily and cheaply issue e-coupons and book reservations.
Kevin Hu, CEO of JKOS Network Co, said at the launch of the JKOS app that more than 1,000 stores and restaurants in Taipei have teamed up with JKOS over the past year to offer e-coupons and reservation services within the app. Over the next two months, the number is likely to rise to 3,000 as local convenience stores, supermarket chains and department stores sign up to the mobile commerce app, he said.
Taiwan’s overall retail market is valued at around NT$10 trillion (US$308 billion), representing a great business opportunity for companies to develop mobile payment and digital wallet services, according to Hu.
The JKOS app stands out by offering a merchant version for partnering stores, which allows them to easily issue e-coupons and manage customer reviews at a lower cost than developing their own apps, he said. [FULL STORY]
