Home appliance company Midea plans to invest in cross-border eCommerce
In recent years, Chinese home appliance companies have expanded their business overseas. For example, Midea estimates that in many markets, the overseas market share of Chinese brands will be no less than 10% in 2025. From 2017-2019, the overseas sales of Midea alone increased from CNY 104 B to CNY 116.78 B. COVID-19 has further increased the market demand for Chinese products through high availability and their functioning supply chain. In this regard, the most significant growth is expected to be in North America, APAC, and the Middle East.
This briefing is contributed by and first appeared on CIMK.
In-depth
Consumer Discretionary
Amazon Global Selling: A Decade of Growth in a Vast Market
Dec 17, 2024 05:43 PM
Research
Consumer Staples, Communication, Consumer DiscretionaryWIA2020 | Next 50 in Global Tech: Consumer Technology
Dec 09, 2020 09:55 AM
Dec 09, 2020 09:53 AM
Research
Healthcare, Real Estate, Consumer StaplesTech for Global, Globalization Footprints of the Established and the New
May 29, 2020 08:30 PM
Research
Consumer Discretionary, Real Estate, HealthcareLow-Carbon Industry Expansion - Key Studies From Chinese Companies
May 28, 2020 12:40 PM
Briefing Jun 08, 2022 11:03 PM
· Financials
National Medical Insurance Bureau: in 2021, the accumulated burden of patients will be reduced by 1494.49 billion yuan
Briefing Jun 01, 2022 03:58 AM
· Consumer Staples
JD home appliances: 618 pre-sale payment of the balance opened for 10 minutes, and the turnover was 3 times higher than that of last year
Briefing May 19, 2022 12:24 PM
Fuyang, Anhui: real estate enterprises are encouraged to reduce the total house payment by 3% - 5% for buyers who buy new houses
See more
Read next
Insight
In-depth
Consumer Staples · Analysis
China’s “Dark Cuisine” and Southeast Asia’s Wealth Code
Apr 07, 2025 03:46 PM
Insight
In-depth
Insight
In-depth
