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The Remarkable Transformation of Cross-Border E-commerce Service Providers Named Cifnews

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Innovation of Digital Economy

Part of the book series: Management for Professionals ((MANAGPROF))

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Abstract

Cifnews has become one of the largest traffic entrances in the field of cross-border e-commerce in just seven years. Through online and offline diversified activities, it interacts with cross-border e-commerce sellers in an all-round way, excavates demand, actively links various entities such as upstream and downstream service providers and suppliers in the industrial chain, integrates resources, breaks through barriers, and forms an ecosystem with Cifnews cross-border platform as the core and multi-party participation, so as to enable cross-border e-commerce brands to go overseas. From cross-border e-commerce new media, cross-border e-commerce intelligent service platform, to brand overseas industrial internet platform, Cifnews has gained keen insights into the development trend of the cross-border e-commerce industry. It also continually adjusts its positioning and development strategy, and empowers the various roles of its links, as well as its evolutionary path, all of which are worth exploring.

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Notes

  1. 1.

    According to the survey by Cifnews, 70% of the cross-border e-commerce merchants achieved performance growth in 2020. Wherein, 23% achieved growth of more than 100%.

References

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Appendices

Appendix 1: Segmentation Industry Mode of Cross-Border E-commerce

A classification chart. 1. Cross Border E-Commerce Firms. 2. A. Transaction type. B. Service type. 3. A. Export. Import. B. Services of logistics, comprehensive, marketing agent operation, and financial support. 4. A. B 2 B. B 2 C. B. B 2 C. 5. A. Information and transaction service platform.

Source Research Report on Market Prospects and Investment Opportunities of China’s Cross-border E-commerce Industry by AskCI

Appendix 2: Cross-Border E-commerce Service Providers that Received Financing from January 2020 to June 2021

Established time

Company name

Orientation

Established time

Company name

Orientation

2015

Airwallex

Providing integrated solutions for cross-border payment

2016

Skyee

Cross border payment service provider

2018

AfterShip

SaaS platform for cross border e-commerce

2016

Seller Motor

Enable global e-commerce through AI

2018

Jijia ERP

Providing digital management solutions for cross-border e-commerce

2018

iZhiliu

One stop business solution centered on cross-border e-commerce of Southeast Asian brands

2017

LingXing

Cross border e-commerce SaaS service provider

2009

Lianlian Global

Cross border payment service

2010

Mabang ERP

Cross border e-commerce ERP service provider

2014

Meetsocial

International marketing services in overseas markets

2014

Dianxiaomi

Cross-border e-commerce one-stop service platform

2019

E.vat master

European one-stop VAT tax service platform

2020

Easyya

Providing cross-border export e-commerce supply chain services

2019

Qbit

One-stop cross-border fund management platform

2016

Captain BI

Cross border e-commerce SaaS service provider

2017

Shop Lazza

Providing technical services for brand being out

2020

Pongo

Providing international digital marketing services for domestic brands

2020

Joying Box

Cross border e-commerce logistics service provider

2013

Eccang ERP

Cross border e-commerce middle platform service provider

2013

Xiaoman

Seagoing SaaS service provider

2011

Sowow

International brand one-stop agent operation service provider

2013

Panexwd

Cross border e-commerce integrated service provider

2020

Tuotuodigital

Cross border e-commerce financial technology platform

2009

Zongteng Group

International logistics service provider

2018

Selmuch

Cross border e-commerce marketing and SaaS service providers

2014

Cifnews

Industry internet platform for brand sailing

  1. Source Cross-border E-Commerce Service Provider Financing Data List in 2020 and China Cross-border E-Commerce Service Provider Financing Data List for the First Half of 2021 from CBEC.100EC.CN; data as of June 2021. The chart was drawn by the author

Appendix 3: Cifnews’s Development History and Milestones

A timeline of C i f news’s development history and milestones. 2013, Incorporated. 2014, Cross border e-commerce new media officially launched. 2018, C i f news 2, cross border e- commerce intelligent service platform officially launched. 2021, Brand Sailing Industry Internet Platform launched.

Source Compiled by the author

Appendix 4: Cifnews’s Business Process of Brands Going Abroad

A zigzag illustration with text in foreign language.

Source Cifnews

Appendix 5: One-Stop, Full Life-Cycle Support for the Growth of Chinese Cross-Border Enterprises

2 tables have 3 columns and many rows. Text is in foreign language. 3 column has names and logos of companies in English. Some of it are Google, Facebook, Tik Tok, Amazon, and eBay.

Source Cifnews

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Fan, Z., Sun, H., Zhai, X. (2023). The Remarkable Transformation of Cross-Border E-commerce Service Providers Named Cifnews. In: Zhang, J., Ying, K., Wang, K., Fan, Z., Zhao, Z. (eds) Innovation of Digital Economy. Management for Professionals. Springer, Singapore. https://doi.org/10.1007/978-981-99-1741-9_16

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