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Segment Reporting
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment reporting

Note 16 — Segment reporting

 

For the six months ended June 30, 2023 and 2022, the Company’s CODM reviewed the financial information of the business carried out by the Company on a consolidated basis. Therefore, the Company has one operating segment, which is the provision of global trade software application and technology services. The Company operates solely in the PRC and all of the Company’s long-lived assets are located in the PRC.

 

The following table presents revenues by the service lines: 

For the six months ended

June 30,

 
   2023   2022 
REVENUES:        
Application development services*  $2,179,167   $1,806,690 
Consulting and technical support services   1,477,740    1,316,096 
Subscription services   294,528    428,087 
Trading revenue   2,605,970    3,466,954 
Other revenue   27,324    
-
 
Total revenues  $6,584,729   $7,017,827 

 

* For the six months ended June 30, 2023 and 2022, certain application development service arrangements included sales of IT equipment. Such revenue of $1,247,232 and $1,604,933 was included in the application development service revenue for the six months ended June 30, 2023 and 2022, respectively.