1. Capital Inflow

In recent years, the cross-border e-commerce industry has performed steadily and has been favored by capital.

The cross-border e-commerce industry chain mainly includes three types: import cross-border e-commerce enterprises, export cross-border e-commerce enterprises and cross-border e-commerce service providers.

Import cross-border e-commerce: Tmall International, JD International, Taobao Global Shopping, Koala Global Shopping, Duoduo International, Yangmatou, Onion Group, Suning International, MiYa, Amazon Overseas Shopping, Princess Pea, Xingyun Group, KK Group, etc.;

Export cross-border e-commerce: Alibaba International Station, Amazon Global Store, eBay, AliExpress, Shopping Fun, Global Sources, Dunhuang.com, Xiyin, Anker Innovations, Global Easy Shopping, Tongtuo, Youkeshu, Lanhengjishi, Banggu, Zebao, Aoji, Saiwei, etc.;

Cross-border e-commerce service providers: Captain BI, Dianjiang, Dianxiaomi, SHOPLINE [Shangxian Technology (Shenzhen) Co., Ltd.], Zongteng Group, 4PX, Zhimeitong, Lianlian Payment, Yicang, Lingxing, Tongtu, Oushuitong, etc. According to relevant data, the financing market of the cross-border e-commerce industry has been hot since 2019, and both front-end sellers and back-end service providers are popular targets for capital investment.

(1) In 2019, there were 29 cross-border e-commerce financing events, a year-on-year decrease of 34.2%; the total financing amount reached 21.47 billion yuan, a year-on-year increase of 127%, mainly due to Alibaba’s acquisition of NetEase Kaola for US$2 billion.

(2) In 2020, there were 33 financing events in China’s cross-border e-commerce, a year-on-year increase of 13.8%; the total financing amount exceeded 7.09 billion yuan, a year-on-year decrease of 67%.

(3) In 2021, there were 77 cross-border e-commerce financing events, a year-on-year increase of 133.33%; the total financing amount was 20.7 billion yuan, an increase of 191.96% compared with 7.09 billion yuan in the same period last year.

(4) In 2022, there were 43 financing events in the cross-border e-commerce field, a year-on-year decrease of 44.16%; the total financing amount was 6.2 billion yuan, a year-on-year decrease of 70.15%.

Although the financing market in 2022 is not as hot as in previous years, the industry’s development momentum is still strong. In addition to the continuous inflow of capital, there are more and more listed companies in the cross-border e-commerce industry.

As of the first half of 2023, there are still many cross-border e-commerce companies actively preparing for IPOs. Zhiou Technology and Santai Shares have been accepted for GEM IPOs, and Xiyin plans to IPO in the United States.