cross-border Archives

ByteDance Accelerates the Relocation of TikTok Employees Overseas

TikTok's front-end and back-end developers, data analysts, algorithm engineers, and other positions working in China have been receiving notices to transfer to overseas locations.

Luckin Coffee Opens Its 30th Store in Singapore

On December 25th, Luckin Coffee announced on social media that its 30th store in Singapore has opened.

Qatar Investment Authority Acquires 4.26% Stake in Kingdee with $200M Investment

Kingdee International Software Group Co., Ltd. announced on December 10 that it had inked a final agreement with the Qatar Investment Authority (QIA).

Cross-Border Logistics Tech Firm Surpath Bags Pre-A+ Funds

Surpath, a cross-border supply chain technology firm, announced on Tuesday that it has secured tens of millions of yuan in a pre-A+ round of financing.

China-India Tech Trade Surges Despite Wary Ties

Chinese tech giants have been capitalizing on surging exports to India as complications mount.

Kuaishou Revamps Push Into Targeted Overseas Markets

Kuaishou has recently revamped its overseas business strategy, setting up targeted ventures in various regions including Southeast Asia and Latin America.

Alibaba.com Launches “Digital Seaport” Program to Help Cross-Border Merchants

Alibaba.com, a leading e-commerce marketplace operated by Hangzhou-based internet giant Alibaba, recently launched the "Digital Seaport" program, aimed at helping cross-border merchants better cope with the risks and challenges posed by the pandemic.

Explaining the Meteoric Rise of Fast Fashion Giant Shein

Shein's mind-numbing success in capturing the global fast fashion market is a product of the internet age.

Chinese Firms Make Strides in Metaverse Realm

As worldwide curiosity heats up surrounding the metaverse, more and more attention is being drawn to China.

New Generation BYD eBuses Delivered to Germany

On Tuesday, BYD announced the delivery of its first batch of five new generation 12-meter pure electric buses to DB Regio Bus, a bus group owned by Deutsche Bahn.

One-Stop International Logistics Online Service Platform YunQuNa Receives New Financing

The one-stop international logistics online service platform YunQuNa announced that it has landed a new round of financing led by CITIC Capital, followed by Xianghe Capital and its shareholders. The overall financing in its D1 round adds up to 150 million US dollars, setting a new record for a single round of financing for China's up-and-coming economic businesses in the field of international logistics digital services. Huaxing Capital is the exclusive financial consultant.

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