Hanshow Recognized in the "2024 Forbes China Top 30 Globalization Brands"

SHANGHAI--(BUSINESS WIRE)--Hanshow has been named one of the “2024 Forbes China Top 30 Globalization Brands,” joining leading enterprises like Huawei, Lenovo, and Alibaba Cloud in showcasing excellence in global expansion and innovation. This accolade underscores Hanshow’s precise global strategy, outstanding performance, and potential to revolutionize retail digitalization with cutting-edge technologies and superior services.

Since 2014, Hanshow has steadily expanded its international footprint. From 2021 to 2023, the company achieved a remarkable compound annual revenue growth rate of 52.99%. In 2023, Hanshow secured a dominant 62% market share in China’s electronic shelf label (ESL) segment, ranking among the top three globally in ESL revenue. With subsidiaries in over 13 countries, including the U.S., UK, Germany, and Japan, Hanshow’s solutions now support more than 400 clients across 50+ countries, including numerous top 100 global retailers.

Innovating for Retail’s Future

Driven by its mission to be the world’s leading provider of digital retail solutions, Hanshow has revolutionized retail operations with innovative technologies like IoT, big data, and artificial intelligence. The company’s proprietary HiLPC protocol and All-Star IoT platform power a diverse portfolio of digital solutions, including ESLs, marketing displays, smart trolleys, and robots. Collaborating deeply with global partners like Microsoft, Hanshow is enhancing its AI-driven offerings, paving the way for transformative digital retail experiences worldwide.

During the Forbes China award ceremony, Li Zhang Deputy General Manager of Hanshow, highlighted the company’s journey and commitment to innovation. “Hanshow remains dedicated to user-centric innovation, deepening technological exploration, and expanding global applications. We aim to lead the retail industry's digital transformation and create a new future for smart retail.”

Driving Digital Transformation

Hanshow remains committed to investing in cutting-edge technologies, expanding global applications, and delivering world-class products and services. With a focus on advancing solutions across smart retail, smart offices, and intelligent manufacturing, Hanshow aims to empower the digital transformation of the global retail industry. The company’s vision remains steadfast: showcasing the spirit of Hanshow, amplifying China’s influence on the global retail stage, and leading the future of retail digitalization.

About Hanshow

Hanshow is a global leader in developing and manufacturing electronic shelf labels and digital store solutions. The company offers customers a series of customized IoT touchpoints and digital store solutions that deliver customer-centric insights. Hanshow's solutions have provided services to a vast number of stores in over 50 countries and regions, helping them streamline operations, optimize pricing strategies, and offer consumers a more personalized experience. Learn more: www.hanshow.com