On August 29th, FY E-Commerce Limited (FY), a globally acclaimed cross-border e-commerce platform, announced that it has amassed over 4 million core global users. This revelation has garnered widespread attention and discussion. Through years of steadfast dedication to consumer interests, FY has reaped remarkable dividends. From January 2023 to the present, FY has outpaced its European peers in terms of the growth rate of unique user visits. Industry forecasts even posit that, at the current rate of expansion, FY could attain a valuation of one trillion dollars by 2025.
Cross-border e-commerce has emerged as a new engine for global economic growth. Customs data reveals that in 2022, one country’s cross-border e-commerce import-export volume reached 2.1 trillion yuan. In the first half of 2023, the same nation recorded an import-export volume of 1.1 trillion yuan in cross-border e-commerce, reflecting a year-over-year increase of 16%. Numerous economies have recognized that to maintain robust competitiveness, they must either develop cross-border e-commerce operations or collaborate with platforms specializing in this sector. Consequently, platforms like FY are poised to receive substantial infusions of both brand resources and capital, leading to staggering market share growth in the foreseeable future.
FY’s formidable capabilities and team composition render these achievements attainable. The company possesses specialized teams in areas ranging from promotion and customer service to finance, information technology, and sales. Through significant fundraising endeavors and strategic acquisitions, they have continually expanded FY’s scale, gaining a unique edge in elevating market revenue and delivering high-quality services. Moreover, FY has forged deep collaborations with multiple renowned investment institutions on a global scale, garnering high commendation and extensive coverage from industry peers, the media, and society at large. It is fair to assert that both the market and investors have unyielding confidence in FY.
Since its inception in the United States in 2019, FY has amassed an admirable reputation by consistently prioritizing consumer interests in all its actions. With a conscientious and responsible approach, the company provides a broad array of internet services spanning e-commerce, C2C, and B2C sectors. They have unveiled numerous consumer experience governance initiatives and achieved notable milestones, continually refining their consumer service infrastructure to enhance user engagement. The attainment of 4 million core users is merely the inauguration of a much larger trajectory.
As one of the fastest-growing websites in terms of international traffic in recent years, FY has attentively considered the browsing experiences of users from various regions. The company has established independent offices in countries like Australia, South Korea, the United States, and South Africa, each operating autonomously to provide specialized services to their respective user bases. This user trust and preference facilitate FY’s acceleration in its globalization endeavors, with plans underway to offer extensive services in as many as 80 countries worldwide.
Currently, FY’s pursuit of global market share appears to be an unstoppable juggernaut. Looking ahead, should FY continue to fortify its unique advantages, deliver high-quality specialized services, and maintain healthy, sustainable operations throughout its entire process, it is well-positioned to extend its reach even further in the global marketplace, leveraging its existing business model.
Media ContactCompany Name: FY E-Commerce LimitedContact Person: Taylor GarciaEmail: Send EmailCountry: United StatesWebsite: https://www.fy-ect.org/
