China Corporate Globalization Weekly | Yuanqi Forest broke into the top 10 American Amazon bubble water bestseller list for the first time; Apple's market value exceeded $3 trillion for the first time


Author:36 krypton goes to sea
Source: 36kr

Major events of globalization of Chinese companies worth paying attention to this week

Yuanqi Forest broke into the top 10 American Amazon bubble water bestseller list for the first time.36 Krypton learned that in the middle of December 2021, the aluminum cans bubble water of Yuanqi Forest overseas version broke into the top 10 American Amazon bubble water best-selling list, and at the same time, it took the top 3 of the new product list of the track. Yuanqi Forest became the only Chinese beverage brand to enter the list. So far, Yuanqi forest products have been exported to more than 40 countries and regions around the world.

China's cross-border payment platform XTransfer announced that it will cooperate with Deutsche Bank.36 Krypton Sailing learned that XTransfer recently announced that it would cooperate with Deutsche Bank to provide SMEs with global and local collection account services, as well as foreign exchange trading services, to achieve seamless cross-border collection and reduce transaction costs. With the help of Deutsche Bank's global branch network, XTransfer will start to provide local collection accounts to SME customers in the United States, Europe, Singapore and Japan this year.

The China Cambodia Free Trade Agreement came into force.According to the Securities Times, the Free Trade Agreement between the Government of the People's Republic of China and the Royal Government of Cambodia has officially come into force on January 1, 2022. According to the arrangement of the Agreement, the proportion of tariff items of zero tariff products in goods trade between the two sides will reach more than 90%. The two sides will also strengthen cooperation in services trade, investment, the "the Belt and Road" initiative, e-commerce, economy and technology and other fields.

34 Chinese manufacturers were selected as the top 100 global mobile game publishers in December 2021.36 Krypton learned that the Sensor Tower store information platform showed that the revenue ranking of Chinese mobile game publishers in the global App Store and Google Play in December 2021. In this period, a total of 34 Chinese manufacturers were listed in the top 100 revenue list of global mobile game publishers, attracting nearly 2.1 billion dollars in total, accounting for 35.6% of the revenue of the top 100 mobile game publishers.

This week, you must read the excellent articles of Sailing

A few days ago, Kopi Kenangan, an Indonesian coffee chain brand, was valued at $1 billion after completing the round C financing of $96 million, ranking among the unicorns. As the fourth largest coffee production and export place in the world, Indonesia has also become increasingly popular in recent years. As a "household" coffee brand in Indonesia, Kopi Kenangan currently has 3000 employees and more than 600 stores in 45 cities. Like Ruixing, Kopi Kenangan targets the market between street coffee and Starbucks, emphasizing convenience and low prices. In such a crowded coffee market, will Kopi Kenangan, a new unicorn, become an "Indonesian version of Ruixing"?

Will Kopi Kenangan's joining the Unicorn Club be an "Indonesian version of Ruixing"?

Tencent once again invested in Monzo, a British digital bank. In 2021, Tencent will make frequent overseas investments. In the first half of the year alone, there will be 36 overseas investments, which will grow rapidly compared with 4 in the same period of 2020 and 3 in the same period of 2019. The investment involves several industries such as games, finance, medical health, etc., and has set foot in markets such as Europe, America and Southeast Asia, which can be said to blossom in many places. At the beginning of the new year, will Tencent continue to maintain the pace of overseas investment? Let's wait and see.

Tencent participated in the investment of Monzo, a British digital bank, and invested in many financial technology enterprises overseas in 2021

Global New Economic Events

Apple's market value exceeded $3 trillion for the first time.According to the Financial Times, on Monday, January 3, US Eastern Time, Apple's share price once exceeded $182.856 and its market value briefly exceeded $3 trillion. Apple's US stock closed the day at US $182.01, up 2.5%. In 2021, Apple's stock price rose 34%, making it the largest component of the Dow Jones Industrial Average. It is reported that it took less than 16 months for Apple's market value to rise by 1 trillion dollars.

Shopee is recruiting in Korea.According to Tech in Asia, Shopee is expected to recruit about 40 employees in South Korea to expand the Korean market. It is reported that South Korea is the sixth largest e-commerce market in the world. By 2020, its e-commerce revenue will be 80 billion dollars. Recently, Shopee has been exploring new markets. Last August, the company launched services in India, while expanding to Brazil and other Latin American countries.

The chip shortage will continue in 2022.According to the Economic Information Daily, the crisis of global core shortage will intensify in 2021. Deloitte released a report a few days ago that it is estimated that the chip shortage will continue in 2022, and the chip delivery date will be delayed by about 10 to 20 weeks, and the situation will not be alleviated until early 2023.

Toyota overtook GM to become the largest car manufacturer in the United States.According to the Wall Street Journal, Toyota overtook General Motors for the first time to become the largest auto manufacturer in the United States by sales. Toyota said that in 2021, the company's total sales in the United States will be 2.3 million vehicles, an increase of about 10% over 2020. In contrast, GM sold 2.2 million vehicles in 2021, down nearly 13%.

Wen | Zhuo Jinze, Wenyue

Figure | Graph Worm

Cross border e-commerce logistics Chinese company globalization weekly | Yuanqi Forest broke into the top 10 of Amazon bubble water best-selling list in the United States for the first time; Apple's market value exceeded $3 trillion for the first time

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