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CHAGEE Releases “2025 Year-End Tea Friends Review”: Global Stores Span 8 Countries Across 2 Continents, Annual Tea Procurement Exceeds 10,000 Tons

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Advertorial Desk
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SHANGHAI, Jan. 8, 2026 /PRNewswire/ — On January 8, 2026, CHAGEE released its 2025 Year-End Tea Friends Review. The Review outlines the company’s growth over the past year, with its store network now operating in eight countries across two continents. Annual tea sourcing volume surpassed 10,000 tons, covering six major tea categories as well as key Pu’er-producing regions, supported by partnerships with more than 100 tea factories.

Global Footprint Reaches Eight Countries; Asia-Pacific Overseas Membership Climbs 177%

The 2025 Year-End Tea Friends Review shows that CHAGEE’s store network currently operates in China, Malaysia, Indonesia, the Philippines, Vietnam, Thailand, Singapore, and the United States. In April, CHAGEE completed its public listing on the NASDAQ exchange (Ticker: CHA), becoming the first freshly made tea beverage brand from China to list on a U.S. stock exchange and one of the largest food and beverage IPOs globally since 2022, according to publicly available market data.

Overseas growth has supported the expansion of CHAGEE’s customer base. According to the Report, membership in Asia-Pacific overseas markets rose 177% year-on-year in 2025, with 61% of members under the age of 30. Member counts in Singapore, Thailand, Indonesia, and the Philippines increased by approximately 4-fold, 5.4-fold, 20-fold, and 11-fold, respectively. Online engagement related to CHAGEE across international social platforms increased by approximately 250% compared with the prior year. Terms like “tea”, “tea culture”, and “tea-inspired lifestyle” have become popular among young local consumers, positioning tea as a shared point of cultural interest among younger audiences across markets.

BO•YA JASMINE GREEN MILK TEA Gains Worldwide Popularity

As CHAGEE’s global presence grows, BO•YA Jasmine Green Milk Tea continued to gain recognition across international markets. Data from Frost & Sullivan shows that sales of the beverage surpassed 1.25 billion cups between January 2022 and June 2025. The Review indicates BO•YA Jasmine Green Milk Tea ranks among the top-selling products in Indonesia, the Philippines, Vietnam, and Thailand. Preferences vary by region—for instance, consumers in Malaysia and Singapore show greater interest in Peach Oolong Milk Tea—reflecting the company’s strategy of tailoring offerings to local preferences as international operations expand.

In the past year, more than 30 million customers placed single orders for two or more cups of BO•YA Jasmine Green Milk Tea, highlighting shared consumption occasions. Group orders rose notably, with orders exceeding 20 cups increasing by more than 15% and orders over 100 cups rising by more than 40% year-on-year.During the Spring Festival holiday, orders of 50–100 cups surged by as much as 259% year-on-year.

In 2025, BO•YA Jasmine Green Milk Tea received the Best Natural/Organic Beverage award at the World Beverage Innovation Awards. CHAGEE was also recognized in the Best Processing/Production Innovation category and named a finalist for several additional international innovation awards.

Annual Tea Sourcing Holds at 10,000 Tons; Modern Tea Approach Supports Supply Chain Development

Within the tea industry, CHAGEE continues to deepen partnerships with upstream producers. In 2025, the company’s annual tea sourcing remained at approximately the 10,000-ton scale, with partnerships extending to more than 100 tea factories.

Product innovation further links industry capabilities with consumer preferences. Last year, CHAGEE introduced over 20 new products. Within the Fresh Milk Tea series, more than 50% of new releases featured floral or fruit elements. By applying its Fresh Brew technology system, CHAGEE has integrated contemporary extraction techniques into freshly made tea beverage preparation, bringing new flavor expressions to traditional tea leaves.

In 2025, CHAGEE also completed over 10 craftsmanship and process innovation initiatives in collaboration with tea gardens, factories, and research institutions.

The 2025 Year-End Tea Friends Review further notes that CHAGEE now operates more than 25 pet-friendly stores, has supported the construction of 23 children’s playgrounds this year, opened 14 deaf-inclusive silent stores, added 219 new 24-hour locations, and opened new stores at an average rate of one every 1.7 days. Approximately 1340 stores joined CHAGEE’s Night Clean Project, supporting 18,000 store partners complete end-of-day operations on schedule.

“Making Friends Through Tea” is more than a tagline—it reflects CHAGEE’s ongoing approach of building lasting, respectful connections centered on shared tea experiences. Each day, CHAGEE brings people together through a cup of tea.

KLN Received Directors of the Year Awards from HKIoD, Established Excellence and Leadership in Corporate Governance and Sustainable Development

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Advertorial Desk
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HONG KONG, Jan. 8, 2026 /PRNewswire/ — KLN Logistics Group Limited (‘KLN’; Stock Code 0636.HK) is pleased to announce that Vic Cheung, Executive Director and CEO of KLN has been honoured with the Directors of the Year Awards (the ‘Awards’) in the Listed Companies Executive Directors category at The Hong Kong Institute of Directors (the ‘HKIoD’) Awards for Director Excellence 2025. It recognises KLN’s outstanding performance in corporate governance, director professionalism and sustainable development.

Vic Cheung, Executive Director and CEO of KLN, said, “We are deeply honoured to be recognised by the HKIoD for our commitment to corporate governance and directorship. This recognition serves as a humbling reminder for us to continuously pursue sustainable growth and lead by example. KLN strives to deepen our global coverage while cultivating a fair, inclusive and open workplace culture. Transparent communication across our board and business verticals enables us to build synergy with partners and customers alike, amplifying our international presence. By harmonising responsive action with forward-looking strategies, we strive to balance profitability service excellence and corporate accountability in driving a more sustainable global supply chain.”

The Awards are organised by the HKIoD to honour companies demonstrating excellence across multiple aspects of directorship. Candidates are open to public nomination, with data processed in well-defined and stringent procedures, followed by interviews with independent consultants in utmost due diligence, and finally selected by independent judges with high standards and fair judgment. This makes the Awards one of the highest benchmarks for corporate governance in the industry.

About KLN Logistics Group Limited (Stock Code 0636.HK)
KLN is an Asia-based, global 3PL with a highly diversified business portfolio and extensive coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal) and e-commerce to industrial project logistics and infrastructure investment.

With a global presence across 59 countries and territories, KLN has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Chinese Mainland, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.

KLN generated a revenue* of close to HK$60 billion in 2024. It is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng Corporate Sustainability Benchmark Index.

* For continuing operations only

About The Hong Kong Institute of Directors 
The Hong Kong Institute of Directors aspires to be recognised locally and internationally as an authoritative advocate, influential promoter and dynamic facilitator of excellence in director practices in a multi-cultural environment through education, information, accreditation, value-added service, community integration and communicating cumulative practical experiences. The Hong Kong Institute of Directors aims to advance corporate sustainability to create long-term value for companies, owners, stakeholders, humankind, and Planet Earth, through advocacy and standards-setting in corporate governance and director professionalism.

PROMISE Technology to showcase AI-Ready Storage Infrastructure for Smart City and IVA Surveillance at Intersec Dubai 2026

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Advertorial Desk
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DUBAI, UAE and HSINCHU, Jan. 8, 2026 /PRNewswire/ — At Intersec Dubai 2026, PROMISE Technology will present live demonstrations of storage systems engineered for the performance demands of AI-driven Intelligent Video Analytics (IVA) surveillance applications. The growing use of AI cameras increases metadata; along with video streams, this amplifies data volume, operational complexity, throughput, and IOPS requirements. As enterprise storage has become a foundational component of modern AI surveillance, the shift from passive video recording to real-time analytics has transformed storage from a simple archive into a high-performance processing engine.

With more than 35 years of experience designing specialized storage for video-intensive applications—including video surveillance, broadcast, and post-production—PROMISE has long focused on enabling real-time data streaming at scale. Across these markets, core performance requirements consistently converge around low latency, sustained throughput, and high IOPS under continuous workloads.

As video surveillance has evolved toward AI-centric architectures, these demands have intensified. Before the widespread adoption of GPUs, NVMe, or ultra-high-speed networking, PROMISE was developing storage architectures optimized to reduce bottlenecks and deliver predictable performance for mission-critical video workloads. PROMISE SmartBoost™ Technology is engineered to support continuous, non-stop video streaming with no frame drop, even under sustained, high-density recording and analytics workloads.

PROMISE combines this deep domain expertise with modern hardware technologies—including NVMe storage, PCIe® 5.0 connectivity, the latest Intel® processors, and high-performance GPUs—to deliver storage platforms optimized for IVA surveillance, AI training, inference, and enterprise data center applications.

At Intersec Dubai 2026, PROMISE Technology will demonstrate solutions designed to address the storage challenges faced by smart city and public safety deployments, including:

  • An AI/IVA-optimized Vess A8110 storage platform running ISS software, designed for sustained high-resolution video ingest and real-time analytics, including face recognition
  • A Vess A8340 system featuring Intel® Xeon® 6 dual CPUs, Milestone VMS, and BriefCam, showcasing low-latency, high-IOPS performance for GPU-accelerated AI/IVA workloads
  • A parallel file system configuration within an EOS (Entirely Open Storage) environment—featuring Metadata Gateway (MGM), QuarkDB (QDB), and File Storage Service (FSS)—using Vess A8110 and GreenBoost™ poweredVTrak J5960 High-Density JBOD, highlighting scalable architecture for continuous surveillance operations and AI training and inference

Visit PROMISE Technology at SA Booth F23 at the Dubai World Trade Centre from January 12 to January 14, 2026.

Accused Scam Boss Chen Zhi Arrested in Cambodia, Extradited to China: Phnom Penh

By
Thongsavanh Souvannasane
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Chinese-born tycoon Chen Zhi was arrested in Cambodia and extradited to China after US fraud and money-laundering charges over cyberscam operations.

AFP – Chinese-born tycoon Chen Zhi, who was indicted by the United States on fraud and money-laundering charges for running a multibillion-dollar cyberscam network from Cambodia, has been arrested there and extradited to China, Phnom Penh said Wednesday.

Chen allegedly directed operations of forced labor compounds across Cambodia, where trafficked workers were held in prison-like facilities surrounded by high walls and barbed wire, according to US prosecutors.

Since the US indictment and sanctions by Washington and London in October, authorities in Europe, the United States and Asia have targeted Chen’s firm, Prince Holding Group, with a frenzy of asset confiscations.

Chen founded Prince Group, a multinational conglomerate that authorities say served as a front for “one of Asia’s largest transnational criminal organizations,” according to the US Justice Department.

Cambodian authorities “have arrested three Chinese nationals namely Chen Zhi, Xu Ji Liang, and Shao Ji Hui and extradited (them) to the People’s Republic of China,” Cambodia’s interior ministry said in a statement on Wednesday.

The operation was carried out on Tuesday “within the scope of cooperation in combating transnational crime” and according to a request from Chinese authorities “following several months of joint investigative cooperation,” it said.

Chen’s Cambodian nationality was “revoked by a Royal Decree” in December, the interior ministry added.

Chinese authorities did not immediately comment late Wednesday on Chen’s arrest and extradition.

The US Justice Department also declined to comment Wednesday.

US authorities in October unsealed an indictment against Chen, a businessman accused of presiding over compounds in Cambodia where trafficked workers carried out cryptocurrency fraud schemes that have netted billions of dollars.

He faces up to 40 years in prison if convicted in the United States on wire fraud and money laundering conspiracy charges involving approximately 127,271 bitcoin seized by Washington, worth more than $11 billion at current prices.

Prince Group has denied the allegations.

According to the US charges, scam workers were forced — under threat of violence — to execute so-called “pig butchering” scams, cryptocurrency investment schemes that build trust with victims over time before stealing their funds.

The schemes target victims worldwide, causing billions in losses.

Scam centers across Cambodia, Myanmar and the region use fake job ads to attract foreign nationals — many of them Chinese — to purpose-built compounds, where they are forced to carry out online fraud.

Since around 2015, Prince Group has operated across more than 30 countries under the guise of legitimate real estate, financial services and consumer businesses, US prosecutors said.

Chen and top executives allegedly used political influence and bribed officials in multiple countries to protect their illicit operations.

In Cambodia, Chen has served as an adviser to Prime Minister Hun Manet and his father, former leader Hun Sen.

The Southeast Asian nation hosts dozens of scam centers with tens of thousands of people perpetrating online scams, willingly and others trafficked — in the multibillion-dollar industry, experts say.

© Agence France-Presse

Stay Fit, Stay Well — The Fitness Industry Is Surging Worldwide

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Advertorial Desk
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TaiSPO 2026 Pre-registration is Open

TAIPEI, Jan. 8, 2026 /PRNewswire/ — TaiSPO, Taiwan’s Sports and Fitness Exhibition, will take place from March 25–28 at Taipei Nangang Exhibition Center Hall 2. Continuing the spirit of “Stay Fit, Stay Well,” the event brings key players from the sports, fitness, diving, tech, and outdoor leisure sectors. From leading manufacturers to emerging brands, TaiSPO showcases Taiwan’s strength and innovation in the industry. Buyers are now welcome to register online for free admission.

Pre-register to secure your spot
Pre-register to secure your spot

According to Grand View Research, the global fitness equipment market is growing and is projected to exceed USD 17 billion by 2030. Reflecting this trend, Fitness Zone showcases global and innovative brands, from strength machines to treadmills—serving both commercial gyms and the expanding home-fitness market. As sports participation increases, from badminton to golf have become popular. Ball Sports Zone features a wide range of professional training aids. Also, modern consumers are increasingly focused on overall wellness, emphasizing performance, nutrition and recovery. TaiSPO presents the Nutrition & Recovery Zone, highlighting supplements and muscle recovery gears that support a holistic approach to healthy living.

As diving becomes increasingly popular across Asia, the expanded Diving Pavilion at TaiSPO will feature a series of activities and talks led by professional divers and influencers. Experts will share insights on the latest equipment and gear selection. This dynamic stage blends technical knowledge with brand showcases, presenting the beauty and excitement of the underwater world to all diving enthusiasts.

2026 TaiSPO held the “Motion Vision” for the first time, focusing on startup acceleration and cross-sector collaboration. Integrating sports, health, and smart technology—the zone focuses on innovations in smart technology and health management, showcasing future from digital services to physical products. The platform aims to provide startups with international visibility and foster meaningful collaboration opportunities, positioning Motion Vision as a key accelerator for the sports and health industries in the Asia-Pacific region.

The forum in 2026 will expand further, focusing on global fitness trends and business strategies in sports. Industry-leading speakers from abroad will share insights on transformation and innovation, helping professionals grasp the future direction of the sports and fitness industry from both practical and trend perspectives.

Pre-registration for TaiSPO 2026 is now open. Register today to receive the latest updates on forums and must-see highlights. Held concurrently with the Taipei International Cycle Show (Taipei Cycle), a single registration gives you access to both exhibitions. Official Website: https://www.taispo.com.tw.

Vientiane Court Hands Down Life Sentence, Death Penalty in Latest Drug, Firearms Cases

By
Phoudasack Vongsay
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A picture of 4 defendants during their sentences at the Vientiane Provincial People's Court. (Photo by Laophattana News)

The Vientiane Provincial People’s Court has sentenced four defendants in separate criminal cases involving drug trafficking, drug possession, and illegal firearms, handing down penalties that include one life sentence and one death penalty.

According to the Vientiane Provincial Public Prosecutor’s Office, the verdicts were issued on 31 December 2025.

In one case, Kong, a 33-year-old farmer from Naphong Village in Hin Heup district, was arrested on 26 February 2025 for trafficking 1,428 methamphetamine tablets. The court sentenced her to 10 years in prison and imposed a fine of LAK 100 million (around USD 4,600).

In a separate ruling, Chang, a 25-year-old farmer from Napatu Village in Meun district, was detained on 3 March 2025 for possessing six methamphetamine tablets. He received a two-year prison sentence and a fine of LAK 10 million (approximately USD 460).

The most severe penalties were issued in a joint case involving Anusone, 32, a labourer from Phon Si Tai Village in Phonhong district, Vientiane Province, and Ton, 43, a labourer from Saka Village in Salavan Province.

The two men were arrested on 11 July 2024 and charged with illegal possession of firearms, drug trafficking, and possession of 43,595 methamphetamine tablets, a small quantity of crystal methamphetamine, one pistol, and 21 rounds of ammunition.

The court sentenced Anusone to life imprisonment and fined him LAK 500 million (over USD 230,000), while Ton received the death penalty.

Part of a Wider Crackdown

The latest rulings follow a series of high-profile drug cases heard by the Vientiane court in recent months.

In September 2025, the court sentenced two defendants to death and one to life imprisonment in one of the province’s largest drug trafficking cases in recent years.

That case involved Yeng Yang, 50, and his wife Maly, 45, farmers from Naxou Village in Kasi District, who were arrested in July 2023 with more than 63,000 methamphetamine tablets. Both were sentenced to death. A third suspect from the same village, found with 12,800 methamphetamine tablets, received a life sentence and a LAK 500 million fine.

During the same period, the court also issued prison sentences in unrelated theft and fraud cases, underscoring a broader judicial push to address serious criminal activity.

Nationwide Drug Seizures Continue

The court verdicts have coincided with large-scale drug enforcement operations across Laos. In recent months, authorities have seized millions of methamphetamine tablets and arrested multiple suspects, including foreign nationals, during raids in provinces such as Bokeo and at Wattay International Airport in Vientiane.

Officials say these cases highlight the government’s continued zero-tolerance approach toward major drug trafficking networks and the illegal possession of weapons, which authorities describe as a serious threat to public safety and social stability.

Kenanga Investors Launches Kenanga Growth Fund Series 3

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Advertorial Desk
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The latest addition to Kenanga Investors’ flagship series follows the same proven investment objective and philosophy to meet the evolving needs of today’s investors.


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 8 January 2026 – Kenanga Investors Berhad (“Kenanga Investors“) has announced the launch of the Kenanga Growth Fund Series 3 (“KGFS3” or “the Fund“), its third fund in its flagship conventional fund series.

Datuk Wira Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors Berhad.
Datuk Wira Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors Berhad.

KGFS3 utilises the asset manager’s proven investment objective and philosophy whilst driven by a differentiated strategy to meet the evolving needs of investors. The Fund seeks to provide capital growth over a medium to long term investment horizon. It will be managed with an active investment strategy depending on the market conditions and outlook, combining a top-down asset and sector allocation process with a bottom-up stock selection methodology.

Lee Sook Yee, Chief Investment Officer of Kenanga Investors Berhad.
Lee Sook Yee, Chief Investment Officer of Kenanga Investors Berhad.

“Kenanga Growth Fund Series 3 continues our commitment to disciplined growth and investor-focused solutions. Instead of reinventing the wheel, we believe in refining our methods. As a result, the Fund builds on a proven philosophy that has delivered consistent value to our investors, while adapting to today’s market realities. We prefer to stay practical and to apply what works to continue earning the trust of our investors. Simultaneously, the Fund provides investors flexibility and accessibility while benefiting from a professionally managed, mandate-style investment strategy”, said Datuk Wira Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors.

Since the inception of the Kenanga Growth Fund on 17 January 2000, followed by Series 2 in 2018, both funds have displayed consistent performance. As of November 2025, both funds have surpassed RM1 billion in assets under management*, a testament to the fund house’s disciplined investment approach and commitment to long-term value creation.

While equities remain the central focus for KGFS3, the investment team will strategically allocate the remaining net asset value into other permitted asset classes, guided by market conditions and potential growth prospects, ensuring a well-balanced and opportunistic portfolio.

“Our asset allocation decisions are driven by a comprehensive review of macroeconomic trends across global economies. Particularly, we look at key indicators such as GDP growth direction, interest rate movements, inflation patterns and government policies. We believe these factors are critical to determine corporate earnings, allowing us to identify predictable trends that inform our sector selection. This structured approach helps keep us nimble, responsive and grounded in fundamentals”, explained Lee Sook Yee, Chief Investment Officer of Kenanga Investors Berhad.

The minimum initial investment amount is RM10,000 while subsequent investments are at a minimum of RM5,000. The Fund will be measured against a benchmark of 8% growth per annum. It is suitable for Sophisticated Investors who have a high-risk tolerance, have a medium to long term investment horizon; and are looking to achieve high returns through investments in multi-assets.

Kenanga Investors is known for its investment offerings and expertise within the equities space, making this latest launch a strategic addition for its product expansion efforts. The Hong Kong-based Asia Asset Management’s 2025 Best of the Best Awards recognised Kenanga Investors under the following categories, Malaysia Best Retail Asset Management Company and Malaysia Best Equity Manager. The FSMOne Recommended Unit Trusts Awards 2025/2026 awarded the Kenanga Growth Fund Series 2 with the “Sector Equity — Malaysia Focused” award for the fourth consecutive year since 2022.

For more information about Kenanga Investors, please visit www.kenangainvestors.com.my.

*Source: Kenanga Investors Berhad
Hashtag: #Kenanga

The issuer is solely responsible for the content of this announcement.

Kenanga Investors Berhad 199501024358 (353563-P)

We provide investment solutions ranging from collective investment schemes, portfolio management services, alternative investments, as well as wills and trusts for retail, corporate, institutional, and high net worth clients via a multi-distribution network.

The Morningstar Awards 2025 has recognised the Kenanga Blue Chip Fund as Best Malaysia Large-Cap Equity Fund. The Bursa Excellence Awards 2024 awarded KIB’s exchange-traded funds’ arm, Eq8 Capital Sdn Bhd with the Special Award – Thought Leadership for launching Eq8WAQF, the world’s first Waqf-featured Exchange Traded Fund. Introduced under a newly established category, the award highlights innovations that are reshaping the investment landscape.

At the LSEG Lipper Fund Awards Malaysia 2025, KIB received awards for the Kenanga DividendEXTRA Fund (“KDEF”) under the Best Equity Malaysia Diversified – Malaysia Funds over 3 years, Kenanga Malaysian Inc Fund (“KMIF”) under the Best Equity Malaysia Diversified – Malaysia Provident Funds over 10 years, Kenanga Balanced Fund (“KBF”) under the Best Mixed Asset MYR Balanced – Malaysia Provident Funds over 10 years, Kenanga Managed Growth Fund (“KMGF”) under Best Mixed Asset MYR Flexible – Malaysia Provident Funds over 10 years, and Kenanga SyariahEXTRA Fund (“KSEF”) under the Best Mixed Asset MYR Balanced – Malaysia Islamic Funds Awards over 10 years.

The Hong Kong-based Asia Asset Management’s 2025 Best of the Best Awards awarded KIG under the following categories, Malaysia Best Impact Investing Manager, Best Impact Investing Manager in ASEAN, Malaysia Best Equity Manager, Malaysia CEO of the Year (Co-Winner), Malaysia CIO of the Year, Malaysia Best House for Alternatives, Malaysia Best ESG Engagement Initiative, Malaysia Fund Launch of the Year, and Malaysia Best Retail Asset Management Company.

The FSMOne Recommended Unit Trusts Awards 2025/2026 has awarded the Kenanga Growth Fund Series 2 with the “Sector Equity – Malaysia Focused” award for the fourth consecutive year since 2022. We were also recognised at The BrandLaureate BestBrands Awards 2024 – Brand of the Year under the category Wealth Management & Investment Solutions. For the ninth consecutive year, KIB was affirmed an investment manager rating of IMR-2 by Malaysian Rating Corporation Berhad, since first rated in 2017.

This Press Release was issued by Kenanga Group’s Marketing, Communications & Sustainability department.

XTransfer Hits 800,000+ Global Clients

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Advertorial Desk
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International Mix Deepens, Monthly Volume Breaks $12B


SHANGHAI, CHINA – Media OutReach Newswire – 8 January 2026 – XTransfer, the world’s leading B2B cross-border trade payment platform, is pleased to announce that its global corporate customers have exceeded 800,000, with overseas enterprises accounting for 47% and a monthly processing volume of over USD 12 billion. This milestone demonstrates XTransfer’s significant success in helping SMEs “go global” and seize opportunities in emerging markets, further consolidating its position as the preferred cross-border payment platform for foreign trade enterprises worldwide.

XTransfer Hits 800,000+ Global Clients
XTransfer Hits 800,000+ Global Clients

In recent years, tariff wars and trade frictions have prompted Chinese foreign trade enterprises to reassess their global market layouts, while digitalisation has accelerated the redistribution of global trade. In 2025, XTransfer’s average collection amount in Asia, Africa, and Latin America grew by 106% year-on-year, with Africa exceeding 270%, Latin America reaching 94%, and ASEAN reaching 82%.

Bill Deng, Founder and CEO of XTransfer, stated that as the US market share declines, emerging markets such as Southeast Asia, Africa, and Latin America are rapidly absorbing growth and becoming the “new blue ocean” for Chinese enterprises going overseas. Deng noted, “Today, for every RMB 100 of China’s exports, RMB 2 are settled through XTransfer, and one-tenth of foreign trade SMEs have registered with XTransfer. Our frontline data insights enable us to keenly capture shifts in global trade flows.”

To meet the practical needs of foreign trade enterprises deeply cultivating emerging markets, XTransfer continues to upgrade its products and services, building a broad local collection network and one-stop foreign trade financial capabilities. Currently, XTransfer’s local accounts and local collection capabilities cover key markets across ASEAN, Latin America, and Africa. Compared with 2024, it has newly supported important countries, including Mexico, Brazil, Ghana, South Africa, Türkiye, and Egypt, achieving a marked improvement from “available” to “excellent”. XTransfer now supports over 30 local currencies, with services covering over 80% of emerging markets. XTransfer’s “local collection” enables buyers to pay directly in local currencies, easing dollar shortages in some markets, avoiding foreign exchange losses caused by forced conversions by intermediary banks, significantly reducing remittance costs, and optimising the cross-border transaction experience.

XTransfer adheres to a “compliance-first” development strategy and has obtained over 30 payment-related licenses worldwide. The company is currently exhibiting at CES 2026 in the United States and simultaneously announced the addition of payment licenses in Alabama and North Dakota, bringing the total to 25 US states where it is licensed to conduct business. Previously, XTransfer also obtained local payment licenses in Singapore and the Netherlands. As its compliance footprint continues to expand, the company has partnered with multiple multinational banks and financial institutions to build a cross-border, group-level global multi-currency unified settlement platform, and, through data-driven, automated, internet-enabled, and intelligent capabilities, has developed AML and risk control infrastructure tailored to SMEs, enabling SMEs to enjoy cross-border financial services comparable to those of large multinational groups at lower cost.

Hashtag: #XTransfer #Crossborder #Payment #SMEs #Milestones





The issuer is solely responsible for the content of this announcement.

About XTransfer

XTransfer, world-leading B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licenses in Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 800,000 enterprise clients worldwide.

By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.

XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.

For more information, please visit: https://www.xtransfer.com

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