Fusionex to power FMM ecommerce marketplace

Fusionex to power FMM ecommerce marketplace

KUALA LUMPUR: Fusionex, an AI and Big Data technology market leader has signed a memorandum of understanding (MoU) with the Federation of Malaysian Manufacturers (FMM) Selangor & Kuala Lumpur to power its ecommerce marketplace platform.

This will then be able to offer their products and services online, along with digitally transforming their businesses.

The MoU was signed by FMM Selangor & Kuala Lumpur Chairman, Jacob Lee and Fusionex Group Chief Executive Officer, Datuk Seri Ivan Teh.

“This ecommerce platform allows us to give SMEs access to the surging online consumer base and offers customers a broader assortment of goods and services for them to purchase,” said Lee in a statement.

In addition, the ecommerce marketplace platform, powered by Fusionex solutions, allows businesses to quickly respond to changes in supply and demand dynamics, create new sales avenues, and overcome Covid-19-related challenges as well as tackle other real world challenges.

According to Teh, the platform provides a more expansive reach and two-way channel of interacting with customers.

“It is my hope that together with FMM, we will create a flourishing ecommerce marketplace that results in better sales and market share for business owners and entrepreneurs, as well as develop an always-connected culture capable of harnessing digital technology to its fullest potential.”