Release Date: December 1, 2024
[Hong Kong, China] — XOOBAY Global today officially announced the successful launch of the XOOBAY cross-border e-commerce platform in front of global consumers and suppliers. By integrating blockchain and Web3 PayFi technologies, XOOBAY aims to provide innovative and efficient cross-border trading solutions for buyers and sellers worldwide, marking a new phase in global trade.
XOOBAY is the world's first Web3 cross-border e-commerce platform that supports both the metaverse and online storefronts, offering merchants unprecedented market opportunities. The platform's core advantages include:
Dual Store Opening Model: XOOBAY allows merchants to establish virtual flagship stores in the metaverse while supporting real-time transactions on its online platform. This dual-store model provides merchants with broader market coverage, effectively attracting global customers.
XOO Points Economy: XOOBAY introduces an innovative XOO points currency as a payment and reward mechanism within the platform. Users earn a 1% rebate in points for each transaction completed on the platform, encouraging repeat purchases and enhancing user engagement and loyalty.
Diverse Payment Options and PayFi Integration: XOOBAY supports various payment methods, including traditional credit cards, bank transfers, and its proprietary XOOWallet digital wallet. By integrating these into a PayFi system, XOOBAY addresses global payment issues, reducing transaction costs and improving efficiency.
1.5 Billion XOO Points Support Program: To further assist merchants, XOOBAY has launched a 1.5 billion XOO points support program aimed at helping businesses boost sales and rapidly expand into international markets, thus increasing brand visibility.
XOOBAY Global's core team has over 30 years of experience in B2B2C cross-border trade and has previously served more than 5 million suppliers worldwide, bringing extensive industry resources and market insights. Hong Kong, as a global trade center and Web3 financial hub, offers XOOBAY distinct geographic and policy advantages.
“The launch of XOOBAY not only reflects technological innovation but also serves as a proactive response to the trend of global brand internationalization,” said Bella Tong, Chief Marketing Officer of XOOBAY Global. “We look forward to collaborating with global partners to create a more efficient and secure cross-border e-commerce ecosystem that promotes the internationalization of global brands.”
Furthermore, the policy support from Hong Kong and the government's advocacy for innovative technology development strategies provide a solid foundation for the growth of XOOBAY. XOOBAY Global's parent company and technical provider, XOOCITY Meta Technology, is a fintech and metaverse company incubated in the Hong Kong Science Park. XOOBAY Global actively leverages Hong Kong's cutting-edge advantages in the fields of digital economy, blockchain technology, and financial technology to drive technological innovation and business model transformation for XOOBAY. This combination of policies and market environment positions XOOBAY at the forefront of developing innovative trade models globally.
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Media Contact
Contact: Bella Tong
Position: Chief Marketing Officer
Company Name: XOOBAY Global Ltd.
Email: info@xoobay.com
Website: https://www.xoobay.com
Telegram: https:// t.me/Xoocity_Official
Twitter: https://x.com/XoobayOfficial
