另一方面是海外市场的开拓。2025年上半年，公司海外收入32亿元，同比增长93%，占总营收的比例首次超过50%，且海外业务毛利率普遍高于国内。这些年，公司海外市场不断攻城略地，得益于成功并购德国EBK公司，以及对中东、欧洲等市场的深耕。
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A rough picture of a zero-knowledge-based credential system. Here the driver’s license is a structured document that the Issuer signs and sends over. The “Show” involves creating a non-interactive ZK proof (NIZK) that the User can send to the Resource. Generally this will be structured so that it’s bound to the specific Resource and sometimes a nonce, to prevent it from being replayed. (License icon: Joshua Goupil.)，这一点在体育直播中也有详细论述