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By 2022, there will be .9 trillion in digitally influenced expenditures in emerging markets, BCG forecasts.

But the most noteworthy platform is perhaps Xiaohongshu, or Little Red Book. Targeting 18-to-35-year-old Chinese urban women, the platform helps 250 million users discover and buy luxury, fashion and beauty products from overseas, share shopping tips and swap fashion ideas.

But the senior executive highlighted that the pandemic is likely to affect overseas smartphone markets for the whole year, and the company will see decline in sales of smartphones in other countries this year.

But the California-based firm could be on track for a turnaround as it partners with Tencent's rival, NetEase Inc, to bring the mobile strategy game Dawn of Titans to China later this year.

But, Dianne Fullelove, industry development manager for the Australian Melon Association, told Reuters by text message that the grower had issued a trade-level recall, meaning that its produce should not be on sale anywhere, either inside or outside the country.