Polibeli Group Ltd Polibeli Group Ltd (PLBL) operates as a holding company providing digital supply chain and distribution-sales services worldwide through an end-to-end B2B e-commerce platform that connects suppliers with small- and medium-sized enterprises, primarily retailers; its core offerings encompass products procurement, channel distribution, warehousing and logistics, brand operations, and digital marketing services to upstream and downstream business partners, with specific product categories including consumer electronic accessories, household appliances, skincare and oral-care products, cosmetics, toys and games, health-care items, and watches and accessories. The company targets markets across Asia, including Indonesia, Japan, and Hong Kong, as well as Europe, deriving the majority of its revenue from Japan, and serves customers seeking efficient goods circulation and trading simplification. Founded in 2021 and headquartered at Landmark Pluit Tower D, 5th and 6th floors, Jakarta, Indonesia, Polibeli Group Ltd recently completed a US$3.6 billion de-SPAC merger with Chenghe Acquisition II Co. Chenghe Acquisition II Co. on August 7, 2025, enabling its Nasdaq Global Market listing under the PLBL ticker on August 8, 2025, following shareholder approval on May 23, 2025, and marking a strategic shift to public markets with expanded global presence.