Established financial news and investment portal for the global Chinese-speaking community ChineseInvestors.com (OTCQB: CIIX) today announced expansion of its subsidiary, CBD Biotech, Inc., into six new countries and a new region of China via Shopee, its newest sales channel. Shopee, which launched in 2015, is now the largest e-commerce platform in Southeast Asia with more than 4 million registered businesses, 200 million app downloads, 30 million social media fans and over 7 million active buyers. Southeast Asia’s e-commerce market is expected to reach $240 billion by 2025 according to Google and Temasek’s Southeast Asia Internet Economy Report. “This dynamic and very popular platform in Southeast Asia, has allowed CBD Biotech to execute on our plans for expansion throughout Asia,” CBD Biotech Chief Financial Officer Alex Hamilton said in the news release. “Thanks to Shopee, we are now in seven new major markets: Singapore, Malaysia, Thailand, Indonesia, Vietnam, Philippines and Taiwan, China.”
To view the full press release, visit http://cnw.fm/K3M2j
Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis and educational-related services in Chinese language character sets (traditional and simplified); (b) advertising and public relations-related support services; and (c) retail, online and direct sales of hemp-based products and other health and wellness products. For more information, visit the company’s website at www.ChineseInvestors.com.
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