Shenzhen FreeYond Technology Co., Ltd. was selected as one of the Equalocean 2023 TOP50 Global Upstart Companies in the 2023 EqualOcean Summit for Globalization held in Shenzhen on June 2, based on its rapid growth and ambitious vision of "redefining consumer electronics with technology 4.0, starting with smartphones.
On June 1-2, the 2023 EqualOcean Summit for Globalization, ESG2023, hosted by EqualOcean, the top think tank on globalization, was successfully held in Shenzhen. The two-day summit was attended by more than 2,000 participants, bringing together the top entrepreneurs, investors and scholars in the globalization field.
Cross-border Dialogue on Going Global
FreeYond was mentioned as a success case by investors at the Investment Trends Forum
At the summit, Dr. Yu Lei, the founder and chairman of FreeYond, gave a keynote speech on "Redefining Consumer Electronics with Technology 4.0, Starting with Smartphones", elaborating on FreeYond's corporate vision and business philosophy, and sharing the development history of its first year of operation.
FreeYond's global strategic vision of focusing on the Asian, African and Latin American markets, as well as its successful experience in completing business model building, were noticed and recognized by the guests on the spot, and the brand FreeYond was also mentioned repeatedly by other business representatives and investors in the forum.
Keynote speech by Dr. Lei Yu, Founder and Chairman of FreeYond
The most important smart hub: the smartphone
FreeYond products are exported to more than 120 countries and regions worldwide
The "Equalocean 2023 TOP50 Global Upstart Companies" focuses on companies established in the past seven years (after 2016), with Series B and pre-Series B funding rounds and valuations within US$500 million. Companies are evaluated quantitatively and qualitatively in terms of overseas sales and share, overseas marketing and reputation, team composition and degree of internationalization, and ESG.
In recent years, a new generation of entrepreneurs from China has emerged in large numbers, and their entrepreneurial footprints are not only found in developed countries in Europe and America, but also in Southeast Asia, India, the Middle East, Africa, Latin America and other markets, and a large number of global companies from China are emerging.
FreeYond, among this huge army of global companies, is one of the best.
In just one year since its establishment, it has launched two smartphones, F9 and M5, two smartwatches, F1 and S1, and a TWS headset, Pod1. FreeYond has been exported to over 120 countries and regions worldwide through its strategic presence in Latin America, Africa and Southeast Asia, combined with offline channels, global cross-border e-commerce and local e-commerce platforms.
In Malaysia, FreeYond successfully held its first global brand and product launch on March 21 this year, and the layout of the entire Malaysian market is basically complete and sales are growing rapidly; in February this year, after the launch of the U.S. version of "Pinduoduo" Temu, FreeYond cell phone products have been "dominating" the bestseller list for more than 3 months; in Africa, FreeYond has achieved impressive records on Jumia, the largest e-commerce platform in Africa, and has entered the Top 5 list in important countries, and will soon enter the top 10 in the whole continent.
In the future, FreeYond will not forget its original ambition, and will continue to march forward, and try to create more value for global users and add another wonderful chapter to the long volume of Chinese enterprises going global.