Zibuyus IPO Tests Chinas Crossborder Ecommerce Resilience
This article delves into the current situation of the cross-border e-commerce company Zibuyu after its listing on the Hong Kong stock exchange, revealing the hidden worries behind its impressive market value, such as its high dependence on a single platform and declining profitability. By comparing Zibuyu with the successful model of SHEIN, the analysis highlights the challenges and opportunities Zibuyu faces. It also explores how Zibuyu can achieve a breakthrough in the future by establishing independent websites and enhancing its brand power.









