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Emerging Markets Become the "Blue Ocean" for Enterprises Going Global
SHANGHAI, July 23, 2025 /PRNewswire/ -- XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, announces that its global enterprise customer base has exceeded 700,000. This significant milestone highlights the platform's remarkable achievements in supporting small and medium-sized enterprises (SMEs) to expand globally. As a global leader in the B2B cross-border trade payment sector, XTransfer is committed to providing SMEs with secure, convenient, and compliant one-stop cross-border financial solutions, enabling businesses to capitalise on the immense opportunities in emerging markets.
Recently, Bill Deng, Founder and CEO of XTransfer, was invited to attend the 01VC CEO Summit 2025. During the roundtable discussion focused on new dynamics in cross-border trade, Bill highlighted, "Today, for every 100 RMB in Chinese exports, 2 RMB are settled through XTransfer, and one-tenth of SME foreign trade enterprises have registered on our platform. With access to firsthand data insights, we are uniquely positioned to capture shifts in global trade flows."
Digitalisation Driving New Integration: Enterprises Must Seize Opportunities in Emerging Markets
In recent years, tariff wars and trade frictions have forced Chinese export enterprises to review their global market strategies. Bill explained, "Digitalisation is accelerating the redistribution of global trade. While the share of the U.S. market declines, emerging markets in Southeast Asia and Africa are rapidly absorbing this growth. Markets in Africa, Southeast Asia, and Latin America are becoming the "blue ocean" for Chinese enterprises expanding globally."
Data from our platform shows that over 70% of all clients on the XTransfer platform in the first half of 2025 exported to Asia, Africa, or Latin America. Additionally, the proportion of payments received from Asia, Africa, and Latin America increased by 100% compared to the same period in the previous year.
XTransfer hosts the largest nationwide foreign trade conference in China every year, the TradeVision Summit, which is attended by over 3,000 foreign trade business owners and has more than 2 million online participants. "For the past three years, the primary theme of this conference has been how to discover emerging markets beyond the United States. The opportunities in these markets are enormous, and by establishing a presence now, companies will enjoy a first-mover advantage over the next decade," Bill shared.
Bill further remarked, "After COVID, we observed a rapid improvement in global digitalisation levels. Therefore, I believe the global opportunities for China's industrial chains will become even more substantial. Businesses must go global, particularly by focusing on less developed countries, to capture the new dividends brought by digital integration. This is why we fully support our clients in accelerating their diversification into multiple markets."
XTransfer to Continue Upgrading Its Digital Platform and Building a Global Localised Service Network
XTransfer will continue to enhance its digital capabilities and actively promote the establishment of a globally localised service network to assist SMEs in securely, conveniently, and compliantly exploring overseas markets. XTransfer is committed to providing enterprises with one-stop cross-border financial solutions to improve global operational efficiency and risk resilience.
About XTransfer
XTransfer, the world-leading and China's No.1 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 licences in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 700,000 enterprise clients worldwide.
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 licences in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia.
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/
Emerging Markets Become the "Blue Ocean" for Enterprises Going Global
SHANGHAI, July 23, 2025 /PRNewswire/ -- XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, announces that its global enterprise customer base has exceeded 700,000. This significant milestone highlights the platform's remarkable achievements in supporting small and medium-sized enterprises (SMEs) to expand globally. As a global leader in the B2B cross-border trade payment sector, XTransfer is committed to providing SMEs with secure, convenient, and compliant one-stop cross-border financial solutions, enabling businesses to capitalise on the immense opportunities in emerging markets.
Recently, Bill Deng, Founder and CEO of XTransfer, was invited to attend the 01VC CEO Summit 2025. During the roundtable discussion focused on new dynamics in cross-border trade, Bill highlighted, "Today, for every 100 RMB in Chinese exports, 2 RMB are settled through XTransfer, and one-tenth of SME foreign trade enterprises have registered on our platform. With access to firsthand data insights, we are uniquely positioned to capture shifts in global trade flows."
Digitalisation Driving New Integration: Enterprises Must Seize Opportunities in Emerging Markets
In recent years, tariff wars and trade frictions have forced Chinese export enterprises to review their global market strategies. Bill explained, "Digitalisation is accelerating the redistribution of global trade. While the share of the U.S. market declines, emerging markets in Southeast Asia and Africa are rapidly absorbing this growth. Markets in Africa, Southeast Asia, and Latin America are becoming the "blue ocean" for Chinese enterprises expanding globally."
Data from our platform shows that over 70% of all clients on the XTransfer platform in the first half of 2025 exported to Asia, Africa, or Latin America. Additionally, the proportion of payments received from Asia, Africa, and Latin America increased by 100% compared to the same period in the previous year.
XTransfer hosts the largest nationwide foreign trade conference in China every year, the TradeVision Summit, which is attended by over 3,000 foreign trade business owners and has more than 2 million online participants. "For the past three years, the primary theme of this conference has been how to discover emerging markets beyond the United States. The opportunities in these markets are enormous, and by establishing a presence now, companies will enjoy a first-mover advantage over the next decade," Bill shared.
Bill further remarked, "After COVID, we observed a rapid improvement in global digitalisation levels. Therefore, I believe the global opportunities for China's industrial chains will become even more substantial. Businesses must go global, particularly by focusing on less developed countries, to capture the new dividends brought by digital integration. This is why we fully support our clients in accelerating their diversification into multiple markets."
XTransfer to Continue Upgrading Its Digital Platform and Building a Global Localised Service Network
XTransfer will continue to enhance its digital capabilities and actively promote the establishment of a globally localised service network to assist SMEs in securely, conveniently, and compliantly exploring overseas markets. XTransfer is committed to providing enterprises with one-stop cross-border financial solutions to improve global operational efficiency and risk resilience.
About XTransfer
XTransfer, the world-leading and China's No.1 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 licences in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 700,000 enterprise clients worldwide.
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 licences in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia.
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/
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
XTransfer Announces Over 700,000 Global Customers
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- Will collaborate with the Vietnamese government and educational institutions to train construction equipment professionals
- Plans to provide comprehensive support and technical expertise for the entire process leading to WorldSkills Shanghai in September
- "Committed to fostering young technical talent and bolstering industrial competitiveness in Vietnam."
SEOUL, South Korea, April 5, 2026 /PRNewswire/ -- HD Construction Equipment, the intermediary holding company of HD Hyundai's construction equipment business, will be expanding its commitment to nurturing global technical talent in the construction machinery sector by supporting Vietnam's national team for WorldSkills.
HD Construction Equipment announced on Sunday, April 5 that it signed a tripartite Memorandum of Understanding (MOU) in Hanoi with the Directorate of Vocational Education and Training, or DVET, under the Vietnamese Ministry of Labour, Invalids and Social Affairs, and the Central College of Transport No. 1 (CCT1), a local vocational training college. The agreement aims to support Vietnam's participation in the WorldSkills competition.
Under this agreement, HD Construction Equipment will assist with the entire process—from training to competition entry—for the Vietnamese national representative competing in the Heavy Vehicle Maintenance category at WorldSkills Shanghai 2026, scheduled for this September.
The company plans to offer comprehensive technical training to Nguyen Xuan Khanh, who was selected as the national representative last year. Furthermore, the company will cover all expenses related to this training, including airfare, registration fees, and accommodation, in order to create an optimal environment for the competitor to maximize his performance.
In July of last year, HD Construction Equipment signed an MOU with CCT1, which includes the Green and Smart Construction Equipment Talent Project. This initiative is part of the Korea International Cooperation Agency (KOICA)'s inclusive business program. The collaboration aims to support the development of smart equipment in Vietnam and to create localized training curricula.
The company has deepened its commitment to Vietnam through a series of key initiatives, including hosting government officials and instructors for training in October, supporting national skills trials in November, and awarding scholarships.
An official from HD Construction Equipment stated, "This collaboration is not just a one-time event; it is part of our commitment to sustainable, locally integrated business practices. We will continue to foster Vietnam's young technical talents, helping them compete on the global stage."
- Will collaborate with the Vietnamese government and educational institutions to train construction equipment professionals
- Plans to provide comprehensive support and technical expertise for the entire process leading to WorldSkills Shanghai in September
- "Committed to fostering young technical talent and bolstering industrial competitiveness in Vietnam."
SEOUL, South Korea, April 5, 2026 /PRNewswire/ -- HD Construction Equipment, the intermediary holding company of HD Hyundai's construction equipment business, will be expanding its commitment to nurturing global technical talent in the construction machinery sector by supporting Vietnam's national team for WorldSkills.
HD Construction Equipment announced on Sunday, April 5 that it signed a tripartite Memorandum of Understanding (MOU) in Hanoi with the Directorate of Vocational Education and Training, or DVET, under the Vietnamese Ministry of Labour, Invalids and Social Affairs, and the Central College of Transport No. 1 (CCT1), a local vocational training college. The agreement aims to support Vietnam's participation in the WorldSkills competition.
Under this agreement, HD Construction Equipment will assist with the entire process—from training to competition entry—for the Vietnamese national representative competing in the Heavy Vehicle Maintenance category at WorldSkills Shanghai 2026, scheduled for this September.
The company plans to offer comprehensive technical training to Nguyen Xuan Khanh, who was selected as the national representative last year. Furthermore, the company will cover all expenses related to this training, including airfare, registration fees, and accommodation, in order to create an optimal environment for the competitor to maximize his performance.
In July of last year, HD Construction Equipment signed an MOU with CCT1, which includes the Green and Smart Construction Equipment Talent Project. This initiative is part of the Korea International Cooperation Agency (KOICA)'s inclusive business program. The collaboration aims to support the development of smart equipment in Vietnam and to create localized training curricula.
The company has deepened its commitment to Vietnam through a series of key initiatives, including hosting government officials and instructors for training in October, supporting national skills trials in November, and awarding scholarships.
An official from HD Construction Equipment stated, "This collaboration is not just a one-time event; it is part of our commitment to sustainable, locally integrated business practices. We will continue to foster Vietnam's young technical talents, helping them compete on the global stage."
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
HD Construction Equipment to Support Training for Vietnam's National WorldSkills Team
