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February 15, 2024

The Global Gaming Market Growed by 6% in 2023, and Tencent Sees the Global Expansion of Gaming as its Foremost Opportunity for Internationalization

On January 29, the industry insiders released the “2023 China Game Overseas Research Report.” The report indicates that in 2023, the global gaming market reached 1,177.37 billion yuan, showing a year-on-year growth of 6%. After experiencing negative growth in 2022, the growth rate turned positive again, but the scale did not surpass the peak
February 15, 2024

The Chinese Automotive Exports are Expected to Continue Growing in 2024

The Chinese automotive export market continues to thrive, reflecting strong overseas demand. A research report from an insider pointed out that in the fourth quarter of 2023, overseas car sales saw nearly double-digit year-on-year growth, indicating economic recovery, and a slight increase compared to the previous quarter, consistent with seasonal trends. China’s automotive exports
February 13, 2024

Wish.com marketplace to be acquired by Qoo10 for 173M cash

On February 12th, WishÒ€ℒs parent company, ContextLogic Inc., has just revealed plans to sell the Wish e-commerce platform to Qoo10. Qoo10 is an e-commerce platform headquartered in Singapore, with localised online marketplaces across Asia. Wish has announced that once Qoo10 completes the acquisition, it will officially become part of Qoo10’s business series. This integrated
February 1, 2024

Surpassing Zara and H&M, SHEIN’s Go Global Journey: Redefining Fashion in the Digital Age

With increasingly fierce global consumer market competition, SHEIN continues its breakthrough surge. On January 15, the “2024 Mobile Market Report” from market analysis firm data.ai revealed that SHEIN topped the global shopping app download chart. In the past few days, Morning Consult released the “Top Ten Fastest-Growing Brands in the United States,” with SHEIN
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