Abstract: On the background of platform economy’s rising, internet platform empowers the enterprises operating on them through the pivot status in the ecological system, the identical information digital technology and powerful integration capability, which has caused extensive concern. From the integration perspective of empowerment theory and value co-creation theory, this paper studies the impact of cross-border e-commerce platform empowerment on enterprises performance and the mediating effect of value co-creation. Based on 690 cross-border exporting e-commerce questionnaires, the results show that cross-border e-commerce platform empowerment significantly improves the performance of exporting e-commerce enterprises, and three sub-dimensions of the value co-creation (joint planning, joint problem solving, and flexibility to make adjustments) play partial mediation roles respectively to the positive relationship between platform empowerment and exporting e-commerce enterprises performance. The study reveals the impacting mechanism of platform empowerment to enterprises performance, and it also provides suggestions for enterprises to carry out value co-creation effectively with platforms and make full use of platform empowerment as drivers of innovative development.