"globalegrow"

Globalegrow Founder Xu Jiadong Investigated for Embezzlement

The founder of Globalegrow, once a cross-border e-commerce giant, Xu Jiadong, has been investigated for suspected embezzlement, shocking the industry. Cross-border Tong's announcement confirmed the news and stated that it would recover the losses. Globalegrow was once an industry leader but declined due to poor management, eventually leading to bankruptcy and liquidation. This event triggers deep reflection on the development model of cross-border e-commerce companies, warning companies to pay attention to compliant operation and risk control.

01/04/2026 Logistics Industry Insights

Read More

Globalegrow Founder Probed As Crossborder Ecommerce Faces Debt Crisis

Globalegrow's founder, Xu Jiadong, is under investigation, reportedly due to economic disputes with the company's actual controller, Yang Jianxin. This has drawn attention from suppliers, some of whom claim Globalegrow owes them money and have encountered unclear accounting practices. The investigation is ongoing, and further developments are awaited. The situation highlights potential financial challenges within the cross-border e-commerce company and raises concerns about its relationships with its suppliers and internal financial management.

01/05/2026 Logistics Industry Insights

Read More

Guanjie Logistics Expands Crossborder Ecommerce Solutions

This article provides an in-depth analysis of Shenzhen Globalegrow Cross-border Logistics Co., Ltd. It evaluates the company's reliability and cost-effectiveness as a cross-border e-commerce logistics service provider from various dimensions, including company background, service advantages, dedicated line and overseas warehouse layout, timeliness, and domestic pickup capabilities. This analysis aims to offer a reference for sellers when choosing a suitable logistics partner. The evaluation considers factors crucial for efficient and reliable cross-border shipping.

01/04/2026 Logistics

Read More

Globalegrows Hong Kong Unit Bankruptcy Signals Crossborder Ecommerce Risks

The bankruptcy liquidation of Globalegrow E-Commerce Co., Ltd. in Hong Kong highlights the challenges and risks faced by the cross-border e-commerce industry. The low-price, mass-market approach is proving unsustainable. Refined operations, compliance, and risk management are crucial for survival. Suppliers should choose reputable partners, establish clear contracts, and promptly collect payments, seeking legal assistance when necessary. The industry urgently needs transformation and upgrading to adapt to the changing landscape and mitigate potential financial losses.

12/29/2025 Logistics Industry Insights

Read More

Crossborder Tong Executives Fined for 150M Accounting Fraud

The Shenzhen Stock Exchange publicly condemned Global Top E-Commerce (Cross-border Tong) for financial fraud. Its subsidiary, Globalegrow, overstated profits by 1.5 billion RMB, resulting in penalties for multiple executives. The company's performance has declined, highlighting compliance management as a lifeline for the industry. This incident underscores the accelerating shake-up in the cross-border e-commerce sector, where those who adhere to regulations will ultimately prevail. Compliance is now paramount for survival and success in this evolving market.

12/30/2025 Logistics Industry Insights

Read More

Anker Leads Crossborder Ecommerce Growth Strategies

This article delves into the success stories of Anker and Globalegrow, two prominent cross-border e-commerce platforms. It analyzes their strategies in areas like product category selection, brand building, channel distribution, and logistics. The study offers actionable strategies for small and medium-sized cross-border e-commerce enterprises in China, including focusing on niche product categories, expanding sales channels, optimizing logistics, emphasizing brand building, investing in talent development, staying informed about policy changes, and embracing digital transformation. These strategies aim to help these businesses achieve breakthrough growth.

01/04/2026 Logistics Industry Insights

Read More

Ecommerce Mogul Xu Jiadong Faces Embezzlement Charges

The founder of Globalegrow, Xu Jiadong, is accused of embezzlement, shocking the cross-border e-commerce community. Xu denies the allegations, claiming it's a personal feud with Yang Jianxin, the former actual controller of Global Top. Behind the incident lies a microcosm of the capital game played by cross-border e-commerce companies during their rapid development. It also raises concerns about the bumpy road that these companies face in the capital market. This case highlights the complexities and potential pitfalls of rapid growth and the importance of ethical conduct in the industry.

12/31/2025 Logistics Industry Insights

Read More