Exhibit 10.7


 


Power of Attorney


 


The undersigned, Kai Xu, a citizen of the People’s
Republic of China (the “PRC”) and a holder of 10% of the equity interests of Chain Cloud Mall E-commerce (Tianjin)
Co., Ltd. (the “Tianjin Company”) (the “Shareholding”), hereby irrevocably authorizes any natural person
appointed by Chain Cloud Mall Network and Technology (Tianjin) Co., Ltd. (the “WFOE”) to exercise the following rights
during the term of this Power of Attorney:


 


Any natural person appointed by the WFOE is hereby authorized
to exercise on behalf of the undersigned as his sole and exclusive agent the rights in respect of the Shareholding including without
limitation: (1) attend shareholders’ meeting of the Tianjin Company and sign resolutions thereof on behalf of the undersigned;
(2) exercise all rights of the undersigned as a shareholder of the Tianjin Company according to laws and the articles of association
of the Tianjin Company, including without limitation the rights to vote and to sell, transfer, pledge or dispose all or any part
of the Shareholding; and (3) designate and appoint on behalf of the undersigned the legal representative, chairperson, director,
supervisor, chief executive officer and any other senior management of the Tianjin Company.


 


Subject to the powers and authorities provided under this
Power of Attorney, any natural person appointed by the WFOE will have the right to sign on behalf of the undersigned any transfer
agreement contemplated under the Exclusive Purchase Option Agreement to which the undersigned will be a party, and to perform the
Equity Pledge Agreement and the Exclusive Purchase Option Agreement, each of which is dated the date hereof and to which the undersigned
is a party. Exercise of such right will not have any restriction upon this Power of Attorney.


 


Unless otherwise provided under this Power of Attorney,
any natural person appointed by the WFOE has the right to transfer, apply or otherwise dispose any cash dividend, bonus and any
other non-cash gain arising from the Shareholding without reliance of any oral or written instruction from the undersigned.


 


Unless otherwise provided under this Power of Attorney,
any natural person appointed by the WFOE has the right to take any action regarding the Shareholding according to his/her own judgment
without any oral or written instruction from the undersigned.


 


Any and all the actions associated
with the Shareholding made by any natural person appointed by the WFOE will be deemed as the action of the undersigned, and any
and all documents relating to the Shareholding executed by any natural person appointed by the WFOE shall be deemed to be executed
and acknowledged by the undersigned.


 


Any natural person appointed by the WFOE may delegate
this power of attorney by assigning his/her rights relating to the conduct of the aforesaid matter and exercise of the Shareholding
to any other person or entity at his/her own discretion without prior notice to or consent from the undersigned.


 


This Power of Attorney is irrevocable and effective as of
the date hereof as long as the undersigned is a shareholder of the Tianjin Company. This Power of Attorney supersedes any other
power of attorney previously signed by the undersigned.


 


During the term of this Power of Attorney, the undersigned
hereby waives all of the rights associated with the Shareholding which have been authorized to any natural person appointed by
the WFOE and will not exercise any such right by himself.


 


 


	By: /s/ Kai Xu                                         	 
	Dated: July 31, 2019