New stock news | Midodo Group Limited submitted to the Hong Kong Stock Exchange.
The prospectus mentioned that, according to the data from Zhuoshi Consulting, based on the revenue in 2024, Midodo Group Co., Ltd. is the fifth largest cross-border e-commerce service provider in China.
According to the disclosure by Hong Kong Stock Exchange on December 9th, Mi Duoduo Group Limited has submitted an application to list on the main board of the Hong Kong Stock Exchange, with China International Capital Corporation Limited as its exclusive sponsor. According to the prospectus, Mi Duoduo Group Limited is a leading and rapidly growing integrated service platform, providing digital marketing and operational support services for cross-border e-commerce enterprises. The company develops digital solutions for enterprise clients, empowering them to sell Chinese-manufactured goods to overseas consumers through cross-border e-commerce.
The prospectus mentions that, based on data from Frost & Sullivan, as of 2024 revenue calculations, Mi Duoduo Group Limited is the fifth largest cross-border e-commerce service supplier in China. The company's digital solutions enable enterprise clients to reach target overseas consumers through international leading digital media platforms including but not limited to Google, TikTok, Meta, and Amazon.
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