Digital River Expands Operations and Global E-Commerce Capabilities in Asia-Pacific Markets
Opens branch office in Taiwan
MINNEAPOLIS, April 20, 2005-- Digital River, Inc. (NASDAQ: DRIV), a global leader in e-commerce outsourcing, today announced that it has expanded its operations and international e-commerce capabilities in Asia-Pacific markets. Extending its global presence, Digital River opened a branch office in Taipei, Taiwan. With its new branch office and resources in place, the company is providing localized sales, support and account management as well as local fulfillment of physical goods.
“With local resources on the ground in Taiwan, we intend to further increase our e-commerce services and expand our footprint in the region,” said Joel Ronning, Digital River’s CEO. “The mission of our Taiwanese branch is to raise the bar on service excellence for the area, help our existing clients reach new online territories and increase our local base of clients. The launch of our Taiwanese branch and new global capabilities reflects our ongoing commitment to developing emerging opportunities in Asia-Pacific markets.”
Clients conducting business in Asia-Pacific markets will find that Digital River’s newly expanded operations and service capabilities are designed to cater to the buying patterns, preferences and experiences of local online shoppers. Customer service support provided during local business hours in local languages offers added convenience as well as helps facilitate order processing and tracking.
Local fulfillment for physical product can reduce customers’ delivery time and shipping costs. In addition to Taiwan, Digital River is providing fulfillment for physical products in Hong Kong, Australia and Japan.
Moving forward, we plan to continue expanding our e-commerce platform, adding specialized capabilities to support online business development in Asia-Pacific markets, said Ronning. In the near future, we intend to offer additional on- and off-line preferred payment methods and enhanced reporting options.
About Digital River, Inc.
Digital River, Inc., a global leader in e-commerce outsourcing, builds and manages online businesses for more than 40,000 software publishers, manufacturers, distributors and online retailers. Its multi-channel e-commerce solution, which supports both direct and indirect sales, is designed to help companies of all sizes maximize online revenues as well as reduce the costs and risks of running an e-commerce operation. The company’s comprehensive platform offers site development and hosting, order management, fraud prevention, export controls, tax management, physical and digital product fulfillment, multi-lingual customer service, advanced reporting and strategic marketing services.
Founded in 1994, Digital River is headquartered in Minneapolis with offices in major U.S. and European cities. For more details about Digital River, visit the corporate Web site at www.digitalriver.com or call 952-253-1234.
Forward-Looking Statements
In addition to the historical information contained herein, this press release contains forward-looking statements, including statements regarding the company’s plans to expand its e-commerce platform, services and market presence, especially in the Asia-Pacific region, as well as other statements containing the words, “will,” “ intends,” “ plans,” “expects,” and similar words. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others: Digital River’s limited operating history and variability of operating results; competition in the electronic commerce market; difficulties in penetrating or expanding into new geographic regions and other risks associated with international operations in general and in Asia-Pacific in particular, the ability of the company to successfully expand its platform and services and the local market’s acceptance of such offerings, and other risk factors referenced in Digital River’s public filings with the Securities and Exchange Commission.
Digital River is a registered trademark of Digital River, Inc. All other trademarks and registered trademarks are trademarks of their respective owners.
|