BUSINESS

RADIANT GLOBALTECH EXPANDS E-COMMERCE SOLUTIONS FOR SMALL, MEDIUM BUSINESSES

23/09/2021 08:32 PM

KUALA LUMPUR, Sept 23 -- Radiant Globaltech Bhd is expanding its retail technology solutions offering to enable enterprises, retailers and small and medium-sized businesses (SMB) to adopt online-to-offline (O2O) omnichannel commerce automation.

In a statement to Bursa Malaysia today, Radiant Globaltech said this follows the group’s acquisition of a 70 per cent stake in World Pos Sdn Bhd (World Pos) that provides e-commerce software and mobile solutions to enterprises, retailers and SMB chain-stores, including mobile commerce, loyalty, e-voucher and e-gift card system on top of the point of sale.

 The acquisition is also expected to activate O2O commerce, where omnichannel sales can be achieved online and customers can opt for self-pick-up or delivery.

The company also made an inter-conditional purchase of a 70 per cent stake in World Portal Sdn Bhd (World Portal) that provides web-based business-to-business (B2B) portals to retailers and their consignment suppliers for process automation and supply chain management.

These solutions are enabled with mobile applications for real-time decision-making.

Radiant managing director Paul Yap Ban Foo said the acquisitions simultaneously allow the company to add their existing customers and speed up the onboarding of even more SMBs and enterprises.

“Moreover, the pooling together of resources expands our development team to have greater flexibility of customisation and to utilise latest software technology to meet customer needs.

“We aim to enable retailers to digitalise their operations for greater efficiency and enhanced competitive edge and we believe this moves alongside our ongoing in-house initiatives which reinforce our goal of becoming one of the main B2B solutions providers for the retail market,” he said.

-- BERNAMA


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