Major events of globalization of Chinese companies worth paying attention to this week
The number of stores of famous and innovative products in North America market exceeded 100.36 Krypton learned that recently, famous and innovative products opened four stores in the United States, and landed the world's 5000 stores in Boston. So far, the number of stores in the North American market has exceeded 100. According to the official introduction, at present, famous innovative products have entered 100 countries and regions in the world, including Mexico, Spain, France, Iceland, the United States, Brazil, India, Indonesia, etc.
Tencent started cooperation with Saudi Arabia Tourism Bureau.36 Krypton learned that Tencent and the Saudi National Tourism Administration officially started cooperation, and the two sides will jointly create an international tourism benchmark project integrating marketing promotion, digital tourism and cross-border commerce. It is reported that Tencent Cloud and Tencent Smart Retail will help Saudi Arabia connect digital marketing and online exhibition hall projects through cloud industry ecological foundation and smart solutions to create an offline immersive experience exhibition hall exclusively. At the same time, Tencent will also help Saudi Arabia National Tourism Administration to build a unified data asset platform through cloud services and big data technology, provide real-time monitoring analysis and accurate decision-making basis, and establish a tourism marketing system and private domain traffic operation service system.
The revenue of domestic games going to sea increased by nearly 20%.According to CCTV News, in recent years, domestic games have become an important source of growth for China's game industry. Data shows that in 2021, the actual sales revenue of China's self-developed games in the overseas market will reach US $18.013 billion, an increase of US $2.563 billion over 2020, with a year-on-year growth of 16.59%.
Leno Medical Technology acquired Endodoctor, a German endoscope company.36 Krypton learned that Leno Medical Technology announced the full acquisition of Endodoctor, a German endoscope R&D, manufacturing and service enterprise. It is reported that this acquisition is the first overseas acquisition in the field of endoscopes by local medical equipment enterprises in the ear nose throat track. After the acquisition, the German wholly-owned subsidiary Endodoctor will become the R&D, manufacturing and service center of Leno Group in the field of high-end endoscopes. The founding and operating teams of Endodoctor will remain in full charge of R&D, production, maintenance, and commercialization and sales in Europe, the Middle East and other international markets.
This week, you must read the excellent articles of Sailing
On November 18, One97 Communications, the parent company of "Alipay India" Paytm, was listed on the Bombay Stock Exchange of India. However, the company's share price was volatile after the opening and fell all the way. This company, backed by a group of star capitals such as Berkshire Hathaway, Softbank and Ant, set the record of the largest IPO in India's history, the largest decline in the first day of this year's large IPO, and one of the worst stocks in India's history on the first day of listing. From the recharge platform to the payment giant, what kind of enterprise is Paytm at the age of 12? What will Paytm's future look like in the face of the declining share price and external doubts? What inspiration should we get from Paytm's failure?
D2C brand has become the high-frequency word of venture capital news at home and abroad in 2021. The intensive listing of D2C brand in the United States gave birth to this investment boom. Cider, Halara, PatPat and other projects have successively completed the financing of hundreds of millions of dollars, and the fast fashion brand giant SHEIN has entered the public's view, which has also added to the popularity of D2C. So, how about the financing situation of Sailing D2C brand this year? Which VCs are selling intensively? How are the service providers developing? 36 Krypton Sailing made an inventory of the projects that have been financed in 2021 according to the public information, hoping to provide valuable information for readers who are paying attention to the D2C brand.
Global New Economic Events
Microsoft acquired AT&T's advertising business for $1 billion.According to Phoenix Technology, AT&T and Microsoft announced on Tuesday that the latter would acquire the former's Xandr advertising business unit. This transaction enables customers of Microsoft services such as MSN to use Xandr's automated online advertising market. The two companies did not disclose the financial terms of the transaction, which, according to insiders, was worth about $1 billion.
MoMo, a Vietnamese financial technology enterprise, completed the round E financing of US $200 million.According to e27, this round of financing is led by Mizuho Bank, followed by Ward Ferry Management, Goodwater Capital and Kora Management. It is reported that MoMo will use new funds to expand the market and provide more Vietnamese small and micro enterprises with digital transformation solutions. MoMo was established in 2007 to provide users with mobile payment, electronic wallet, cash transfer, mobile phone recharge, loans and other services.
Apple has started trial production of the iPhone 13 in India, and it is expected to start formal mass production in February next year.According to the Associated Press of Finance, two industry executives said that at the request of Apple, Foxconn's mobile phone assembly plant in Chennai, southeast India, had begun trial production of the iPhone 13. The company is expected to start formal mass production in February next year to meet the domestic and export needs of India. Among the iPhone 13 series, the iPhone 13 is the largest model sold in India. Apple does not plan to produce iPhone 13 Pro and iPhone 13 Pro Max in this country.
Samsung began to produce chips for Tesla's next-generation autonomous computer.According to Sina Technology, in 2022, Samsung will not only release new products in the field of technology equipment (mobile phones, wearables, etc.), but also create new technology equipment specifically for the electric vehicle and autonomous vehicle market. At present, the company has started to produce new equipment, and the first batch of equipment will enter the market in the first week of January 2022. Tesla Cyberrock, which will be introduced to the market soon, will use Tesla's latest Hardware 4 computer for the first time.
Wen | Zhuo Jinze
Figure | Graph Worm