In the context of "new globalization," it is impossible to ignore the political changes in overseas countries, and 2024 is expected to be the year with the most significant global political shifts in recent decades.
In most countries, visiting nightclubs has become a common pastime for many young people, and such venues can easily be found in any corner of the city. However, you would never expect that the following scene takes place in Riyadh, Saudi Arabia.
Chinese companies going overseas are not only facing external international political turmoil but also the comprehensive technological reforms of the AI+ era internally, making overseas expansion far more difficult than for international competitors.
Saudi Arabia's gaming market is booming. Due to Saudi tycoons spending money lavishly on games, Chinese gaming companies, which started exploring the Middle Eastern market as early as 2009, have reaped substantial rewards through strategic localization. As the Middle East gaming market continues to evolve, understanding the region's unique preferences and opportunities is crucial for companies aiming to thrive in this dynamic landscape.
26-year-old Xiaolin plans to marry his girlfriend of five years, and purchasing gold and silver jewelry is an essential part of the wedding preparations. When he went shopping, he was shocked to find that the prices of gold and silver jewelry had skyrocketed. A ring he liked last year had already increased in price by 17% this year.
On July 5th, POP MART opened its first LABUBU IP-themed store in Bangkok, Thailand. On its opening day, sales surpassed 10 million RMB. Recently, a Thai princess was spotted in China with her bodyguard, who carried a LABUBU ‘Pain Bag.’ These impressive achievements mark the official establishment of the Chinese trendy toy giant in the Southeast Asian market.
