The 2020 cross-border e-commerce listed companies market capitalization ranking list is released, and this big seller accounts for nearly 75% of the market capitalization!

According to Eastmoney.com, on February 25, China's "Belt and Road" TOP10 influential social think tank - China Internet Network Information Center E-commerce Research Center released the " 2020 China Cross-border E-commerce Listed Companies Market Value Ranking" ↓

(Photo source: Chinanews.com)

The report shows that as of December 31, 2020, the total market value of the eight domestic cross-border e-commerce listed companies reached 89.666 billion yuan, an increase of 164.12% compared with the total market value of 33.949 billion yuan of the seven cross-border e-commerce listed companies (excluding Anker) in the same period of 2019.

Moreover, among these eight cross-border e-commerce listed companies, Anker Innovations , which was newly listed in 2020, ranked first with a market value of 66.76 billion yuan , accounting for an astonishing 74.45% of the total market value of cross-border e-commerce listed companies . It is truly "the young are to be feared"!

The rankings and market capitalizations of the other seven listed companies in the report are: Cross-Border Link, 8.008 billion yuan; Tianze Information, 4.301 billion yuan; Huading Holdings, 3.242 billion yuan; Lianluo Interactive, 3.135 billion yuan; Guangbo Holdings, 2.329 billion yuan; Lazada, 1.854 billion yuan; and finally, Newway International, with a market capitalization of 37 million yuan.

It is worth mentioning that Anker Innovations is a model for Chinese consumer electronics brands going global. It has won Amazon's "Seller of the Year Award" for two consecutive years , with annual revenue of 6.655 billion yuan. Anker Innovations has created five smart hardware brands, Anker, Soundcore, eufy, Nebula, and Roav. Among them, the annual sales of Anker, Soundcore, and eufy all exceeded 1.5 billion yuan.

The key to Anker's success lies in product innovation, which is also the main reason why it can build a high-quality brand through Amazon's refined operations. Public data shows that Anker's R&D expenses account for more than 5% of its revenue for a long time , far higher than the industry average of 1%; and more than half of its human resources are R&D personnel, which also exceeds the industry average of 20%.

In addition to Anker, another well-known domestic fast fashion brand that sells well overseas is SHIEN.

Data shows that as of April 2020, SHEIN's sales range has covered more than 200 countries and regions around the world, with daily shipments reaching over 3 million pieces. It completed its E round of financing last year and was valued at over US$15 billion.

If SHEIN Technology successfully goes public, its market value may usher in another round of surge and become one of the top listed cross-border e-commerce companies!

Cross-border e-commerce market value

Anker Innovations