The cross-border listing boom continues, and Dajian Cloud Warehouse’s stock price has quadrupled!

The cross-border listing boom continues, and Dajian Cloud Warehouse’s stock price has quadrupled!
As the global epidemic continues to ferment in recent years, cross-border e-commerce has ushered in explosive growth, and a large amount of capital has poured into the cross-border market and its upstream and downstream services. In 2022, the cross-border e-commerce industry has set off a wave of listing. In the past three months, the familiar Silvio Technology, Zhiou Home Furnishing, Sanboshuo, Huabao New Energy , etc. have successively passed the IPO. Other well-known cross-border sellers such as Zibuyu and Greenlink Technology have also submitted listing applications.

 
Although cross-border e-commerce is no longer a blue ocean, the pace of development has never stopped. Not only is it selling like hot cakes, but cross-border platforms and service providers are also reporting news of listings one after another.
 

one

Dajian Cloud Warehouse went public on the US stock market, with a two-day increase of nearly 300%

A MZ123 learned that on August 18, local time, the cross-border B2B platform GigaCloud Technology lnc officially landed on the Nasdaq Stock Exchange in the United States. Its initial public offering and over-allotment options totaled 3.38 million Class A common shares, priced at US$12.25 per share, raising approximately US$41 million.
 
The IPO subscription of Dajian Cloud Warehouse in the US stock market has been highly recognized by investors, with the overall subscription exceeding 4 times . In the first week of listing, the share price of Dajian Cloud Warehouse soared by 292% . As of the close of August 19, Dajian Cloud Warehouse was priced at US$48.01 per share , with a total market value of US$1.909 billion !
 

The picture comes from Baidu Stock Market


It is reported that Dajian Cloud Warehouse was established in 2006. Its founder Wu Lei once worked at New Oriental . Its GigaCloud platform is an industry-leading B2B trading platform for large-volume goods, mainly providing end-to-end B2B e-commerce solutions for large parcels . Its business covers more than 30 categories including furniture, large appliances, outdoor sports equipment, indoor fitness equipment, garden equipment, building materials and sanitary ware, and auto parts.
 
According to the prospectus of Dajian Cloud Warehouse, the company achieved revenue of US$122 million, US$275 million, and US$414 million in 2019-2021, respectively ; the net income attributable to ordinary shareholders was US$2.857 million, US$37.303 million, and US$27.757 million , respectively . At present, Dajian Cloud Warehouse has more than 20 overseas warehouses in the United States, Europe, Japan and other places, with a total area of ​​400,000 square meters. It is one of the largest overseas warehouse operators for large-ticket items in China.
 
Excellent cross-border B2B platforms attract money overseas. During the same period, an advertising service company was also listed in China. Although it did not directly enter the cross-border e-commerce industry, its development background is closely related to cross-border e-commerce.
 

two

Focusing on serving cross-border e-commerce, Yidiantianxia was listed on the Shenzhen Stock Exchange

It is learned that on August 19, Yidiantianxia Network Technology Co., Ltd. (hereinafter referred to as "Yidiantianxia") from Xi'an was listed on the Shenzhen Stock Exchange's Growth Enterprise Market. As of the closing of the day, it was reported at 26.40 yuan, an increase of 45.21% , with a total market value of 12.458 billion yuan .
 
It is reported that the main business of Yidiantianxia is performance advertising services, brand advertising services and top media account management services. Its main business is concentrated overseas, and its business scope covers more than 200 countries and regions around the world. It is worth mentioning that the top five customers of Yidiantianxia: Alibaba, Xike, Xiyin, Feiyu and Zhule are all leading and fast-growing cross-border e-commerce companies in China .
 
The prospectus shows that during the reporting period from 2019 to 2021, Yidiantianxia achieved operating income of 2.493 billion yuan, 2.478 billion yuan, and 3.425 billion yuan respectively ; the company's e-commerce customer revenue was 1.262 billion yuan, 1.550 billion yuan, and 2.202 billion yuan respectively, accounting for 50.63%, 62.56%, and 64.38% of the main business revenue in the current period . It can be seen that the proportion of its cross-border e-commerce customer revenue is increasing year by year.
 

The picture comes from the prospectus of Yidiantianxia


In addition, according to preliminary calculations by Yidiantianxia, ​​it is expected that in the first half of 2022, Yidiantianxia will achieve a net profit attributable to parent company shareholders of approximately 169 million yuan to 194 million yuan , a year-on-year increase of approximately 35.82% to 55.87% .
 
In conclusion: As more and more cross-border e-commerce companies go public, more and more hot money will flow into the industry in the future. For high-quality cross-border e-commerce companies, this year is still full of development opportunities!

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