Ooredoo partners with Rocket Internet for online services

The Ooredoo Company announced it will link up with Rocket Internet to operate e-commerce, online and digital services in Myanmar and Asia.

Ross Cormack, the CEO of Ooredoo Myanmar said, “E-commerce has a great potential in Myanmar along with increasing numbers of smart phone usage. People will shop commodities and services online with their smart phones. Giving services for e-commerce is enriching people’s lives technologically. We expect this joint venture with Rocket Internet would become the leader in e-commerce sector.”

As part of the cooperation between Ooredoo and Rocket Internet, Asia Internet Holdings has been established in 15 market places worldwide including Myanmar, Thailand, Singapore, Vietnam, Philippines and Australia for online retail sales and payment methods.
This investment complies with the country’s business rules and regulations and hopes to initiate within the mid-year of 2014.

Rocket Internet is considered a leading business in the area of online payment and e-commerce.

Source Elevenmyanmar

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here