global expansion

Pinduoduo’s Q2 earnings call highlighted strategic investments aimed at long-term growth within the e-commerce ecosystem. Chairman Chen Lei emphasized prioritizing industry development over short-term profits. PDD is increasing subsidies for cross-border merchants and collaborating on innovative business models to expand into new international markets. These efforts are bolstered by the resilience of Pinduoduo’s industrial supply chain, further reinforcing the company’s conviction to increase investments.

Haier solidifies its global refrigerator leadership, holding 47% of the China market share (Jan-Jul 2025) and retaining its top-selling global brand title for the 17th year. Its dominance stems from continuous innovation, topping global invention patent publications for the 7th year (2024). Addressing specific regional needs, Haier’s technologies like triple independent cooling in Europe and dry zone preservation in Southeast Asia drive market success. Haier also leads in international standards, developing the first IEC standard for refrigerator preservation, impacting the global industry.

China’s appliance exports rose 6.2% in H1 2025, with Haier maintaining its top global refrigerator brand position for the 17th year with a 22.8% market share. Fueled by domestic trade-in policies and overseas expansion, especially in Europe and Southeast Asia, Haier is achieving significant growth. Its success is driven by technological innovation, specifically the Magnetic Control Full Space Preservation, and user co-creation for products like the Wheatwave refrigerator, targeting younger consumers. Haier also leads in setting global refrigeration standards, building user trust.

BYD has officially named its first fleet of eight transport vessels, marking a significant step in establishing a global logistics network. Seven ships are operational, with “Jinan” entering sea trials. The standardized design of vessels like “Pioneer 1,” “Shenzhen,” and “Zhengzhou” promises streamlined costs and efficient operations. This dedicated fleet addresses international logistics challenges amid BYD’s surging overseas EV sales and leverages domestic manufacturing hubs, signaling its commitment to global market leadership.

XGIMI Technology projects first-half 2025 revenues of RMB 1.626 billion, a 1.63% YoY increase, and a 2062.33% surge in net profit to RMB 88.66 million. This profitability boost is attributed to R&D focus, improved supply chain efficiency, and cost control. During the period, XGIMI launched new projector models and expanded globally through retail channels in Europe, North America, Japan, and Australia. The company also extends its projection technology into automotive applications, including in-car rear projection systems.

In Q1 2025, WeRide reported RMB72.44 million ($10.1M) revenue and a 35% gross margin, with Robotaxi revenue surging 22.3% to RMB16.1M. The company expanded its Uber partnership, securing a $100M strategic investment and launching a $100M share buyback. Milestones included France’s first fully driverless permit, licenses across five countries, and an autonomous minibus pilot in Spain with Renault. Domestically, it tested Robovan W5 in Guangzhou’s smart city hub and launched a 24/7 autonomous ride-hailing network. The CFO emphasized scalable tech and global growth, as analysts highlighted WeRide’s dual regulatory-commercial strategy targeting a projected $2 trillion autonomous mobility market by 2040.