Under the leadership of President Gary Wang, Eastern Group is actively developing new retail and new media, and while its 2020 revenue reached an impressive NT$32.8 billion, it continues to strive for greater excellence. On the 22nd, Eastern invited big data expert and Vice President of Fu Jen Catholic University, Shia Ben-Chang, and Managing Director of Amazon Web Services (AWS) Hong Kong & Taiwan, Robert Wang, to hold a master seminar titled “New Economy, New Technology, New Strategy.” The two experts talked about the impact of 5G technology on the transformation of industries and the future direction of enterprises in the new economic era. President Gary Wang announced on the spot that he would cooperate with AWS and will lead his own team to attend lectures in the beginning of next year. His determination and boldness to act quickly was unanimously lauded by experts and scholars.

Vice President Shia Ben-Chang, who has been a consultant for Eastern Group for many years, greatly admired Gary Wang for his attention on new technology and his ability to act quickly. Shia emphasized that Eastern has created many firsts in Taiwan. As the leading e-commerce company in the country, it has accumulated 9 million members over the 20-odd years, while Natural Beauty has accumulated skincare experience from 320,000 people in the past 49 years. This huge amount of consumption data is like “sitting on a gold mine.” In the 5G era, with the support of new technologies, developing technology platforms will not be a problem, but how to enhance the value through effective data integration is the key to future development.

Robert Wang, Managing Director of AWS Hong Kong & Taiwan, who has accumulated a wealth of diversified technical expertise in many multinational companies, shared the entrepreneurial spirit of Jeff Bezos, CEO of Amazon Group, that “It’s always Day 1”, i.e., we should never forget our original intention. Even though Amazon’s stock price has been lying flat for many years, by continuously doing the right thing, it will quickly climb upwards when the time comes. The focus of the new economic era emphasizes new services, “where the Internet goes, services and revenue shall go,” he said. He also gave examples of many AWS applications used by customers, including Formosa Plastics, TECO, Taiwan Pelican Express, as well as other cloud services applications used by companies such as Hong Kong’s Next Digital and TVB.

Gary Wang, who listened carefully throughout the whole seminar, stated that Eastern Group will continue its industry-academia collaboration with Fu Jen Catholic University. He also announced on the spot that he would cooperate with AWS and will personally lead a team to attend classes at AWS. Gary Wang pointed out that the entrepreneurial spirit of the Eastern Group is to “act fast and break conventions.” There is no failure, only continuous experimentation and learning. Through cooperation with outstanding companies such as Amazon Group’s AWS and Vice President Shia Ben-Chang, as well as academics and experts, we will be able to lead Eastern Group to continue to grow and provide consumers with better services and better prices in the new era of rapidly changing technology.