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Cross-Border E-Commerce in China in H1 2023

9.11.2023, 1:20:42 PM

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In the first half of 2023, the total import and export value of China's cross-border e-commerce reached 1.1 trillion yuan, representing a YoY growth of 16%, according to the 52nd Statistical Report on China's Internet Development released by the China Internet Network Information Center (CNNIC). The share of cross-border e-commerce in foreign trade has risen to around 5% from less than 1% five years ago.

Kidswant Semi-Annual Report for 2023

Despite the decrease in operating revenue, Kidswant managed to improve their profitability in the first half of the year.

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