“Tor Yod Online” targets 1 billion baht

Asset World Corporation recently introduced Tor Yod Online, Thailand’s first and only online business-to-business (B2B) platform that offers wholesale E-commerce services for online-to-offline (O2O) commerce.

The business connects Thai entrepreneurs and manufacturers to domestic and global buyers with a total sales target of one billion baht for the first year.

Soammaphat Traisorat, Chief Executive Officer of Asset World Corporation, revealed that Tor Yod Online is the first and only wholesale online platform in Thailand that is designed as a one-stop center for local SMEs and manufacturers looking to export products to global markets. The online platform will enable entrepreneurs to expand their trade opportunities worldwide as it includes wholesale e-commerce system, secured payment, logistics and business consulting services. In close collaboration with Ministry of Industry and Ministry of Commerce, this platform aims to bridge buyers from both inside and outside of the country with local merchants who have the best offers, and will provide the latter with financial and logistical assistance through partnerships with leading banks and couriers to ensure safe and secure payment and product delivery, on its way toward becoming the best business-to-business (B2B) online platform in Thailand.

Wallapa Traisorat, President of Asset World Corporation, added that apart from Alibaba.com, Tor Yod Online also aims to collaborate with 10 more B2B marketplaces in countries such as India, South Korea, Indonesia, Singapore, South Africa and Russia, which will make local SMEs more accessible to buyers throughout the world. This online platform will come with a variety of payment methods that are safe and secure, on top of the worldwide delivery service, enabling buyers from all over the world, big or small, to find all kinds of products along with their best offers.

“With this online platform, we look to empower local SMEs in Thailand and enable them to expand into international markets,” she said.