News
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Regarding full custody and Southeast Asia, I have seen, heard, and thought。
Our business does not involve Southeast Asia, but it must be said that Southeast Asia is currently the region with the most active flow of funds. Many friends who were planning to enter the US region have quickly transitioned to Southeast Asia and reapplied to open cross-border stores. In their w...Read more -
JD is landing in Europe with a fully automated robot store! We will continue to expand in Europe in the future!
It is reported that JD, a Chinese e-commerce giant, recently opened two offline retail stores called Ochama in Leiden and Rotterdam in the Netherlands. There is no cashier in these two stores, and only robots help to select and sort goods. The cost of Logistics automation has dropped, making the ...Read more -
TikTok is betting on this area? Announce investment of billions of dollars!
According to Reuters, TikTok, an overseas application of ByteDance, plans to invest billions of dollars in the Southeast Asian market in the next few years. It is reported that Southeast Asia has a population of 630 million, with over 325 million people accessing the app every month. However, Tik...Read more -
Alibaba regards the European market as its primary goal to expand its international influence!
According to Reuters, the CEO of Alibaba Group stated that with the establishment of its overseas business platform, their primary goal is to promote and gain a market share throughout Europe. European Tmall, derived from Chinese Tmall, will provide local brands and services to European consumers...Read more -
Amazon’s public connotation of Temu “selling counterfeit goods”! Does price competition mean meaningless?
According to the South China Morning Post, Amazon stated that Temu does not meet the strict requirements of its fair pricing policy and therefore excluded the company from the pricing algorithm. This means that there may be some products sold on Temu that are cheaper than on Amazon. Amazon uses p...Read more -
Can’t I write reviews using AI anymore? Amazon’s killer weapon in cracking down on fake comments is actually AI!
According to reports, Amazon is using artificial intelligence technology to summarize product reviews. They summarized thousands of comments into a few sentences that best reflect consumers’ feelings about using the product. Currently, this feature is still being tested by adding a text box...Read more -
The Commercial Revolution brought by social media? The social commerce market is worth over $6 trillion!
According to Statista’s global consumer survey data, in leading economies such as the United States, China, Germany, or France, as well as countries such as Egypt, Brazil, or Malaysia, over 90% of internet users were already active on social media in 2022. These social platforms meet variou...Read more -
Temu lost millions of dollars to subsidize consumers! How little profit does the seller have left?
According to foreign media, Temu is frantically “burning money” to enter the US market. In order to maintain the high download volume of its users, Temu has taken a series of measures, including reducing product prices, providing subsidies to consumers, and providing free internationa...Read more -
This application under Byte may be more marketable than TikTok!
According to reports, TikTok is preparing to develop live shopping functionality in the United States. They have invited some American sellers to create stores on their apps, sell products through links in videos and live broadcasts, and also pay promotion commissions to internet celebrities to i...Read more -
The Fast fashion industry will encounter restrictions in the EU.
Members of the Member of the European Parliament called on the European Commission and EU countries to end “Fast fashion” and help consumers make more ethical and sustainable choices. On June 1 local time, the European Parliament, with 600 votes in favour, 17 against and 16 abstention...Read more -
China’s manufacturing prices plummet as global demand weakens! Economic recovery clouded?
According to Reuters, due to the weakening global demand, manufacturing prices in China fell at the fastest pace in nearly seven years in May, higher than expected, casting a shadow over the economic recovery. With rising interest rates in the United States and Europe and inflation squeezing dema...Read more -
Which market is the most efficient for logistics in Europe? It’s not Germany!
According to data, the rapid development of e-commerce has brought great challenges to global logistics, with the global package volume reaching an unprecedented 159 million in 2021. In 2022, although the online shopping frenzy has significantly eased due to the end of the epidemic, logistics com...Read more