Website revenue generator
Print Edition
SHANGHAI-BASED Moreware Technology aims to generate revenue of 1 billion yuan (US$154 million) within five years through a new B2B e-commerce website which integrates the Internet with enterprise software services.
Moreware’s B2B website, my1818.com, offers firms transaction, logistic, payment and software services by adopting an easy user interface as the firm taps its software and IT background.
“The firms need one-stop services for online transactions today. It offers us a unique business opportunity,” said Li Hongwei, co-founder of Moreware.
Moreware has also signed a payment service agreement under the China Financial Certification Authority, which is authorized by the government for payment services.
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