Chinagoods Platform and Yiwu Pay Cross-Border Volume Surge as Digital Trade Goes Global
The company behind Yiwu market said its digital-trade and cross-border-payment businesses achieved high growth in the first three quarters. The Chinagoods platform added more than 580,000 registered buyers, reaching over 6.08 million cumulative, while the "World Yiwu" trade large-model app added over 20,000 users to more than 70,000, and rolled out 16 new AI applications such as "data insight," "e-commerce link" and "AR space," totaling 30 with over 316,000 served users. Yiwu Pay cross-border payment transaction volume surpassed 7.51 billion U.S. dollars, up 98% year on year, signaling the business has moved past its early cultivation phase as scale effects release and strengthen Chinese small commodities' pricing power in global supply chains.
Source: Securities Daily / Chinagoods, Oct 28, 2026 | 2026-10-28
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