How does the B20 Forum work in Collaboration - Cross-Border E-Commerce for Global Women?

On June 17, 2022, the B20 Indonesia Ladies in Enterprise Motion Council (B20 WiBAC) held a discussion board on the topic of “Accelerating Inclusion of Ladies MSMEs in the International Financial System” to support long-term global financial growth that is inclusive, robust, and centered on the empowerment of women. On the panel, Diane Wang, Co-Chair of the B20 Indonesia Women in Business Movement Council and CEO of the DHgate Group, addressed the topic of digital talent training, professional females’ community, as well as multilateral cooperation to speed up cross-border information sharing and technical assistance in monetary, funding and digital inclusion for women MSMEs worldwide.

B20 Indonesia Chair Shinta Kamdani, Ira Noviarti of the B20 Indonesia Women in Business Motion Council, and CEO, President Director of Unilever Indonesia were among the other high-profile officials, private sector business leaders, business associations, non-profit organizations, philanthropic organizations, and other related stakeholders who attended the event. In all, 150 people attended the discussion board in person and almost 1,000 people participated online from G20 countries. There are enormous opportunities for women’s empowerment and more equitable involvement in the job market, financial markets, and entrepreneurship because of the rise of digital technology. Female workforce participation in growing economies is often driven by entrepreneurship. However, even in the G20’s most developed countries, the lack of female participation in higher education is preventing women from fully experiencing the benefits of digitalization. When it comes to women in entrepreneurship, a survey conducted by the Asian Pacific Economic Cooperation (APEC) found that more than half of the women surveyed said that they lacked ‘professional’ digital knowledge and more than half stated that they needed more training in digital tools.

When it comes to helping more women start their businesses, Diane says, “To enable more people with knowledge and experience to monetize social impact, DHgate established MyyShop, a one-stop social commerce SaaS platform in 2020.” She agrees. MyyShop aims to make it easier for anyone to start and maintain a cross-border e-commerce business, as well as help small and medium-sized businesses (SMEs) and individuals flourish by providing social commerce tools and services. It is also possible to empower local small and medium-sized enterprises (SMEs) by making it easier for everyone to learn about social e-commerce and cross-border e-commerce through digital platforms. Since its introduction in 2014, the Cross-Border E-Commerce Coaching Program (APEC CBET) has provided e-learning courses with the most practical and hands-on knowledge, expertise, and entrepreneurial guidance via live streaming.

MyyShop’s history

With its MyyShop platform, DHgate aims to help small and medium-sized enterprises (SMEs), especially those with social influence and entry-level merchants, establish their online stores as direct sellers and turn their social impact into monetary success. E-commerce site MyyShop combines Chinese manufacturing capacity with personal area visitors so that they may lower the barrier to starting and operating a cross-border business, with its advantages in product counseling, social commerce website builder, and cross-border advertising services. Please visit MyyShop.com and follow @MyyShopOfficial for more information.

DHgate’s history

Established in 2004, DHgate has grown to be China’s most important B2B cross-border e-retail sector. With more than 46 million registered customers from 223 countries and territories, as of December 31, 2021, DHgate serves more than 2.4 million Chinese and foreign vendors, with more than 37 million live listings on the site each year. Please visit DHgate.com and follow @DHgate.com for more information about China DHgate’s products and services.