News
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The value is 288.5 billion euros! Amazon once again won the first place in the world’s most valuable retail brand!
According to reports, in the list of the world’s most valuable retail brands, Amazon ranks first again with a brand value of 288.5 billion euros. Although its value has dropped by 4%, its brand value is still more than double that of the second-ranked Wal-Mart, which increased by 14% compar...Read more -
TikTok International Edition, an e-commerce platform specially designed for China products, will soon be launched in the United States.
TikTok’s international Tiktok will launch an e-commerce platform in the United States in August for cross-border sales of goods from China. According to the news, the project will sell clothes, electronic products and household goods made in China, and operate in a “Sold by AmazonR...Read more -
China’s foreign trade data in the first half of the year: pressure and bright spots coexist
The first half of 2023 has become a preface, and foreign trade data has been released immediately. On July 13th, according to the customs, the total import and export value of China’s goods trade in the first half of the year was 20.1 trillion yuan, up 2.1% year-on-year. Among them, the exp...Read more -
TikTok has another big move! Officially announce the US fully managed e-commerce business!
TikTok Shop is finally going to open its cross-border business in the United States to sellers in China, and this time they choose the hottest full-hosting mode and face Temu head-on. According to reports, TikTok Shop plans to launch the full hosting mode in August this year to compete with SHEIN...Read more -
Shein made a record profit in the first half of this year! Sales growth accelerated.
According to foreign media reports, Tang Wei, executive vice chairman of Shein, said recently that the company achieved a record profit in the first half of 2023, driven by the sales momentum in the United States, and only broke even in the same period in 2022. In a letter, Shein told investors t...Read more -
Amazon can’t sit still Thousands of sellers have been poached by Shein in America!
According to foreign media reports, in the United States, thousands of Amazon sellers “abandoned” Amazon and joined Shein’s platform, and Shein seems to be actively recruiting Amazon merchants. Shein launched an e-commerce platform in May. Originally, it was a fast fashion retai...Read more -
Between Scylla and Charybdis! After being sued by Temu, Shein was sued by H&M for infringement in Hong Kong!
According to Bloomberg News, on July 25th, Swedish fast fashion retail brand H&M is suing SHEIN for infringing its copyright and trademark, demanding compensation, and immediately taking off the shelves and stopping selling these goods. A spokesman for H&M said today: “Our copyrig...Read more -
Spanish and European consumers have increased confidence in their economies, but consumption is not expected to rise.
According to foreign media reports, the latest GFK European consumer sentiment survey shows that Spain’s economic outlook and household income expectations rose significantly in June. Both of these indicators have increased by 10 points, reaching the best level in the past six months. Howev...Read more -
Cross-border e-commerce: stabilize the stock market and enhance the competition in the incremental market.
Cross-border e-commerce has been developed for many years, and Europe and the United States are already competing for stocks. In the past two years, they have been in a high-speed incremental market, and sellers and platforms have targeted the Southeast Asian market. In order to stabilize the sta...Read more -
Retailers compete for Bed Bath & Beyond stores, and Burlington Stores takes the lead.
The bankrupt Bed Bath & Beyond intellectual property, including online domain names, has been pocketed by Overstock, and a new electronic version of Bed Bath & Beyond will be fully presented to consumers later this year. Two years ago, Bed Bath & Beyond, the second largest retailer...Read more -
Keep expanding! Following its launch in Japan, Pinduoduo TEMU officially launched in South Korea!
It is reported that Pinduoduo’s cross-border e-commerce platform Temu has officially entered the Korean market, accelerating its expansion in Asia. On July 1st, Temu was officially launched in Japan and entered the Asian market for the first time. Since it was officially launched in the Uni...Read more -
China’s exports decreased by 12.4% and imports by 6.8% in June.
Customs data show that in June this year, China’s import and export both declined, and the trade surplus continued to narrow. Exports reached US$ 285.32 billion, down 12.4% year-on-year; Imports reached US$ 214.70 billion, down 6.8% year-on-year, and the trade surplus was US$ 70.62 billion,...Read more