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"Haitao, or shopping directly from overseas sites, is likely to be more relevant to brands looking at initial market entry. Retailers and brands should therefore play to their different national specialties when attempting to differentiate themselves from their competitors," said Matthew Crabbe, Mintel's Asia-Pacific director of research.

"For example, we charge cat owners about 150 yuan per night per boarding kennel during the Spring Festival, but normally the price would be about 100 yuan," she said, adding that costs varied per breed, and their prices are around average among local providers.

"For 1 hectare, the owner can get a rent of 10,500 yuan (,570) per year," Omarjan said.

"Fortunately, we're betting on the right track. As the TikTok accounts attracted more and more traffic in June last year, our team had grown from just three staff at the onset to more than 20 and finally got the business off the ground, managing more than 100 official accounts," recalls Cheng.

"For us, Alibaba remains the largest share asset," Son said.