JIN SHA Kong Gu Group, a large international asset allocation management investment company, committed to concentrating and integrating beneficial resources, accelerating the development of industrial integration, and promoting the rapid economic development of the investment regions, will make strategic investments worth 2 USD millions working in the United Arab Emirates.
The UAE is an economic powerhouse in the Middle East. The UAE’s internet penetration rate has reached more than 90%. It is the Middle East’s most sophisticated e-commerce cradle and incubator. The average annual growth rate of e-commerce development is up to 25%. It has a good location advantage and political support has attracted many large international e-commerce platforms to shape and conquer the market, including many international giants and sophisticated multinational capital corporations. This has also resulted in the UAE rapidly becoming a growing global destination for cross-border industries.
According to JIN SHA Kong Gu Group’s external disclosure, the group plans to broadcast the Middle East and North Africa with Dubai as its core from 2021, integrate beneficial resources, set up special funds, and $ 2 billion in finance, entertainment, entertainment, e-commerce , UAE real estate, etc. Among them, promoting and supporting the cross-border e-commerce industry chain is an important part of the group’s regional cooperation and development strategy, which is an information superhighway for the continuous transformation and volatile development of the entire real economy of the UAE in the next three to five years.
