The Chinese automotive export market continues to thrive, reflecting strong overseas demand. A research report from an insider pointed out that in the fourth quarter of 2023, overseas car sales saw nearly double-digit year-on-year growth, indicating economic recovery, and a slight increase compared to the previous quarter, consistent with seasonal trends. China’s automotive exports maintain a high level of prosperity, with the global market growth continuing, albeit at a slower pace. In the short term, Chinese export-oriented automotive component companies still possess advantages such as cost-effectiveness and services in their respective segments. In the medium to long term, the overseas ...

On February 12th, Wish’s parent company, ContextLogic Inc., has just revealed plans to sell the Wish e-commerce platform to Qoo10. Qoo10 is an e-commerce platform headquartered in Singapore, with localised online marketplaces across Asia. Wish has announced that once Qoo10 completes the acquisition, it will officially become part of Qoo10’s business series. This integrated platform is expected to bring many new cross-border e-commerce opportunities for Wish merchants. The Wish brand and platform that sellers are accustomed to will continue to operate as usual. The completion of the acquisition is anticipated in the second quarter of 2024, subject to certain necessary ...