Linkage Global U. S. Inc. is an offshore holding company incorporated in the Cayman Islands that conducts its business through operating subsidiaries located in Japan Hong Kong and mainland China. The company does not have any direct operations of its own and relies on these subsidiaries to provide services to customers. Its primary business activities involve acting as a cross border e commerce integrated services provider. Through its subsidiaries it offers a combination…
Linkage Global U. S. Inc. is an offshore holding company incorporated in the Cayman Islands that conducts its business through operating subsidiaries located in Japan Hong Kong and mainland China. The company does not have any direct operations of its own and relies on these subsidiaries to provide services to customers. Its primary business activities involve acting as a cross border e commerce integrated services provider. Through its subsidiaries it offers a combination of product sourcing and sales together with a suite of value added services that support online sellers in managing and growing their stores on various platforms.
The company generates revenue from four main streams. First it earns margin on cross border sales of products sourced from Japanese and Chinese manufacturers and brands as well as its own private label smart electronics. Second it receives service fees for fully managed ecommerce operation services where it handles store setup promotion and customer care for sellers on Japanese ecommerce platforms and charges a commission based on gross merchandise volume. Third it obtains commissions from Google for digital marketing services provided through its subsidiary HQT NETWORK which acted as an authorized Google agent until the service was discontinued in April 2025. Fourth it collects fees from ecommerce operation training and software support offerings that include recorded courses proprietary tools and TikTok agent services. For the fiscal year ended September 30 2025 cross border sales contributed approximately 24 percent of total revenue while fully managed ecommerce operation services accounted for about 73 percent digital marketing contributed roughly 2 percent and training and support services represented around 2 percent.
The company operates in a highly competitive and rapidly evolving market for cross border e commerce services in Japan and China. It faces competition from offline and online supply chain providers retailers wholesalers advertising agencies software support firms and other cross border e commerce service providers. Many of these competitors may have longer operating histories greater brand recognition stronger supplier relationships larger customer bases or more financial technical and marketing resources. Despite this the company believes it holds several advantages. It has built a comprehensive service system that combines cross border sales with integrated ecommerce services allowing it to capture data from product transactions and use that information to improve marketing and store management for its clients. It maintains a diversified product selection that includes food beauty health household items pet supplies alcoholic beverages and a range of private label smart electronics. Its data driven approach enables it to analyze seller and buyer behavior to tailor advertising campaigns and improve return on investment for merchants. Finally its management team possesses extensive experience in retail services marketing and technology which supports the execution of its growth strategies.
The company serves sellers who operate on major ecommerce platforms such as Amazon Lazada Shopee Wish Coupang Yahoo WOWMA Rakuten Tmall Taobao JD and TikTok as well as independent website operators. These sellers purchase products through the cross border sales arm of the business. In addition the company works with merchants who subscribe to its integrated ecommerce services including fully managed store operations digital marketing and training programs. As of the reporting date the company had 101 customers from mainland China 136 customers from Japan and 17 customers from other regions. It also had 85 merchants from mainland China 238 merchants from Hong Kong and 8 merchants from other countries. The customer base is diversified across geography and includes both individual entrepreneurs and small to medium sized enterprises looking to expand their online presence.
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Sector: Consumer Cyclical Industry: Internet Retail CIK: 0001969401