RealTime IT News

Hong Kong E-Com Portal Offers Free Franchises

Asia4Sale.com Ltd., the Hong Kong-based e-commerce portal, will offer global Internet users online retail franchises free of charge, according to a company spokesperson.

With the help of Hong Kong's largest ISP and e-commerce solutions provider, Hongkong Telecom Interactive Multimedia Services, Asia4Sale will introduce the service that will allegedly allow anyone to develop an online virtual store that sells Asian merchandise.

Franchise holders will receive a commission for goods that they sell from Asia4Sale's "virtual warehouse."

"The on-line shopping service will be a major component of the Asia4Sale e-commerce portal," said Brian Hodgson, managing director of Asia4Sale.

"Asia4Sale will be a three-part e-commerce facility catering to the global market. The service will include on-line industrial auctions, business barter and on-line shopping," he said.

"The on-line shopping component is very exciting in view of recent advances in that area," added Hodgson. "We are putting together a virtual warehouse fully stocked with products from Asian manufacturers."

"Anyone in the world will be able to open an on-line store and supply goods from out virtual warehouse, and then promote their store to their family, friends and on the Internet," said Hodgson.

Asia4Sale Ltd is a wholly owned subsidiary of ZiaSun Technologies Inc. which has several other Internet properties including Swiftrade, an on-line stock trading network tailored for offshore investors, M Finance, an international finance news site, MediaHits, a banner advertising network, Search Dragon, a small Asian focused search-engine, and Online Investors Advantage, an online investor's awareness site.