Tianjin Cross-border E-commerce Demo Park (TEDA) Sees Sound Revenue

Recently, the free trade globalgo overseas flagship store, located in Tianjin Cross-border E-commerce Demo Park (TEDA), was selected in the TOP10 cross-border e-commerce platforms among Douyin e-commerce globalgo stores in 2021.

Settled down in Douyin platform in April 2021, the flagship store is one of the first-batch pilot enterprises focusing on import cross-border e-commerce. Cross-border e-commerce cosmetic is the staple of the enterprise, which earned 120 million yuan through livestreaming marketing during five-month operation.

In the recent years, governments of Tianjin and Binhai New Area have continuously increased their investment in new formats, new economy and modern service industries. In 2020, TEDA officially signed a contract with Bytedance, and Douyin Livestreaming Eco-industrial Park settled down in Yujiapu Free Trade Zone. In 2021, Tianjin Cross-border E-commerce Demonstration Park (TEDA) started to operate, being one of the only three cross-border e-commerce demonstration parks in the city. Up to now, there have been more than 20 enterprises in the park.