Key Takeaways GCT trades at a low forward P/S versus peers, making its valuation look compelling on the surface. GCT is expanding via acquisitions to boost its B2B e-commerce marketplace. Despite a 33% six-month rally, GigaCloud Technology faces tariff risks & high logistics costs.GigaCloud Technology (GCT) is one of the cheaper ones in the Zacks Technology Services industry, with a Value Score of A.Shares of this AI-driven, end-to-end B2B e-commerce solution provider are trading at a significant discount, ...

Group 1 - The core theme for Xining's commerce system in 2023 is "Shopping in Xining, Fueling All Seasons," with over 70 events planned to boost consumption throughout the year [1] - Initiatives to stimulate domestic demand include programs for replacing old automobiles and home appliances, as well as direct subsidies for fuel [1] - The city aims to enhance cultural and tourism integration by leveraging events like the Qingchao League and Qing Fair to promote cultural tourism consumption [1] Group 2 - By 2025, Xining plans to enhance consumer spending and market vitality, targeting over 130 million yuan in combined policy and funding support for businesses [2] - The introduction of new enterprises is expected to generate an additional sales volume of approximately 3.53 billion yuan, with 59 new businesses being cultivated [2] - Major consumer categories, particularly automobiles and home appliances, are projected to benefit from subsidies totaling 1.129 billion yuan, stimulating consumption by 15.508 billion yuan and directly leading to the sale of nearly 14,000 vehicles [2]

Core Insights - Jayud Global Logistics Limited has achieved a significant milestone with its Cross-Border E-Commerce Service Center at Ezhou Huahu Airport, handling over 1,106 metric tons of cargo in October 2025, marking its first full month of operation [1][3] Company Performance - The cargo volume processed through the Huahu Center has shown substantial growth from August to November 2025, increasing from 151,000 kg in August to 3,051,000 kg in November [3] - The Center operates under the 9610 export model, providing efficient customs clearance, modern warehousing, and priority air-freight connectivity, which enhances the service offerings for cross-border sellers [2][4] Industry Context - China's cross-border e-commerce (CBEC) trade volume reached approximately RMB 2.63 trillion (about $368 billion) in 2024, reflecting a year-on-year increase of about 10.8% to 11% [5] - In the first half of 2025, the trade volume was 1.32 trillion yuan, a 5.7% year-on-year increase, surpassing the overall foreign trade growth rate of 2.9% [5]

The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of SHENZHEN WOKE TECHNOLOGY Co., LTD 深圳市沃客非凡科技股份有限公司 (A joint stock company incorporated in the People's Republic of C ...

Core Insights - The article discusses the explosive growth of Chinese companies' overseas expansion driven by digitalization, emphasizing the importance of short video and live streaming as essential marketing tools in cross-border e-commerce [1] Group 1: Short Video Operations - Short video platforms like TikTok and Kwai are becoming new global traffic entry points, with TikTok expected to surpass 2.5 billion monthly active users by 2025, fundamentally changing traditional e-commerce logic [1] - Key strategies for overseas expansion include localized content production tailored to market preferences, data-driven A/B testing to optimize video elements, and multi-account matrix operations for effective brand presence [2][3] Group 2: Live Streaming Matrix - Live streaming e-commerce shows varied development across global markets, with Southeast Asia achieving conversion rates of 8-12%, significantly higher than traditional e-commerce [2] - Effective live streaming strategies involve time zone coverage for continuous broadcasting, technology-driven experience upgrades, and a tiered influencer distribution system to maximize engagement and sales [3] Group 3: Full-Chain Supply Chain - A robust supply chain is crucial for supporting the traffic generated by short videos and live streaming, including intelligent product selection systems, optimized cross-border logistics, and compliance risk management [4] - Companies are leveraging data analytics to adjust product strategies based on trending topics and improving logistics efficiency through advanced warehousing solutions [4] Group 4: Technology Integration - The application of bytecode technology enhances content generation automation, significantly increasing production efficiency and reducing costs for cross-border e-commerce businesses [5] - Real-time user profiling and cross-platform data integration are essential for creating a seamless flow from traffic to conversion and fulfillment [6] Group 5: Challenges and Responses - Successful case studies indicate that a "trinity" model combining short video content, live streaming conversion, and rapid supply chain response can reduce customer acquisition costs by 40% and increase repurchase rates by 25% [7] - Companies face challenges such as cultural gaps, data compliance risks, and supply chain flexibility, necessitating localized teams, edge computing for data processing, and dynamic supplier scoring systems [8]

Core Insights - Global-E Online and Shopify reported Q3 2025 earnings that indicate divergent strategies in cross-border e-commerce [1] Company Summaries Global-E Online - Global-E Online's Q3 2025 earnings reflect a strong focus on expanding its cross-border e-commerce capabilities [1] - The company is likely to leverage its technology to enhance international sales for its clients [1] Shopify - Shopify's Q3 2025 earnings suggest a different approach, possibly emphasizing domestic markets while still engaging in cross-border e-commerce [1] - The company may be prioritizing its platform enhancements to support merchants in navigating international sales [1]

Core Viewpoint - Farmmi, Inc. has achieved a significant regulatory milestone with its U.S. subsidiary, Suppchains Group Inc., receiving FDA registration for its warehousing facility in Chino, California, enabling compliance with U.S. food-related operations [1][4]. Group 1: Regulatory Milestone - The FDA registration allows the facility to conduct food-related warehousing, distribution, storage, shipment, inventory, and logistics services in accordance with U.S. federal regulations [2][4]. - The registration number for the facility is 11416872272, marking a decisive step in building a high-compliance logistics ecosystem [1][2]. Group 2: Operational Capabilities - The registered facility can handle a diverse range of food categories, including coffee and tea, vegetable oils, grain products, condiments, and agricultural commodities [3]. - The facility is also registered to support the storage and distribution of dietary supplements, including vitamins, minerals, and proteins, as well as meal replacement and nutritional food products [4]. Group 3: Market Expansion - This registration enables the company to penetrate the growing cross-border nutritional and wellness market, which is increasingly focused on food safety and health [4]. - The CEO of Farmmi emphasized that this milestone supports the gradual expansion of supply chain services and may improve revenue composition and operating performance [4].

Core Insights - China's State Council has announced a significant acceleration in the review and approval process for breakthrough therapeutic drugs, indicating strong government support for pharmaceutical innovation and potentially faster market access for novel treatments [2][7] - The Cabinet is committed to promoting green trade and facilitating cross-border e-commerce, aiming to enhance China's global trade footprint with a focus on sustainability and digital platforms [3][7] - Comprehensive measures for facilitating overall cross-border trade were discussed, reflecting a governmental push to reduce friction and improve efficiency in international commerce [4][7] Pharmaceutical Sector - The acceleration in the review and approval process for therapeutic drugs is expected to benefit domestic biotech and pharmaceutical companies, streamlining their path from development to commercialization [2][7] - Companies such as BeiGene (BGNE) and Innovent Biologics (1801.HK) may see substantial boosts due to reduced time-to-market for innovative medicines [2] Trade and E-commerce - The promotion of green trade aligns with global environmental initiatives and is likely to stimulate demand for eco-friendly products and technologies [3] - Major platforms like Alibaba (BABA) and JD.com (JD) are expected to be empowered in their international operations due to the emphasis on cross-border e-commerce [3] - The initiative aims to drive growth in environmentally friendly exports and imports while expanding the reach and efficiency of online international commerce [7]

Core Insights - TYPHON Machinery has been awarded Exporter of the Year 2025 by eBay.com in the Business & Industrials category, recognizing its exceptional performance in cross-border trade and rapid growth in international markets [1][3] Company Performance - The award was presented at eBay's Exporter of the Year Awards ceremony in Hanoi, Vietnam, highlighting TYPHON Machinery's ability to scale globally through e-commerce while maintaining product quality and operational excellence [3] - TYPHON Machinery has emerged as a category leader in compact construction equipment, offering high-performance products such as mini excavators, skid steer loaders, wheel loaders, electric forklifts, and compactor rollers [4] Market Position - According to eBay.com U.S. sales data, seven out of every ten new mini excavator units sold on the platform are TYPHON products, indicating strong brand dominance and buyer confidence [5] - The company continues to invest in product development, supply chain efficiency, and customer support, reinforcing its position as a trusted partner for compact and heavy equipment worldwide [7] Strategic Focus - TYPHON Machinery's representative emphasized the company's dedication to quality and innovation across engineering, logistics, and after-sales support, which has contributed to its recognition as Exporter of the Year [6] - eBay officials praised TYPHON Machinery for its strategic use of digital commerce and consistent international growth, marking a significant milestone in the company's global expansion [6][7]

As filed with the Securities and Exchange Commission on December 17, 2025 Registration No. 333-289688 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Amendment No. 2 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 LINKAGE GLOBAL INC (Exact name of registrant as specified in its charter) Cayman Islands 5961 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identifica ...