E-commerce News

  • A new era of cross-border e-commerce: global market development and strategic trends to 2024

    In recent years, cross-border e-commerce has become an important part of global e-commerce, especially in China, where this sector is growing at an impressive pace. With the release of Several Measures on Accelerating the Integration of Domestic and Foreign Trade by the General Office of the State Council, the role of cross-border e-commerce in promoting economic growth and strengthening the integration of domestic and foreign trade has become more and more obvious.2023, cross-border companies, represented by TikTok Shop, SHEIN, Temu, and AliExpress have become the focus of attention, and they have become more and more important in the global e-commerce market through their own unique operation models in the global market...

    2024 January 2 - E-commerce News
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  • AI-led future: trends and innovation strategies for the e-commerce industry in 2024

    With the global popularity of AI technologies such as ChatGPT, the use of AI technologies in the e-commerce industry is increasing. According to a report by McKinsey, AI technology is predicted to grow e-commerce industry revenues by 20% in the next few years.Against this backdrop, it is especially important to understand the trends in the e-commerce industry and how AI will disrupt the industry in 2024.Dresma's latest report states that AI will play an important role in the e-commerce industry, helping sellers to improve personalization, operational efficiency and other levels. At the same time, Dresm...

    2023 December 29 - E-commerce News
    00297
  • Amazon Ecommerce Circuit 2024: Challenges and Opportunities - Strategies and Outlook for Cross-Border Sellers

    With the rapid development of e-commerce, Amazon, as one of the world's largest e-commerce platforms, has become an important battlefield for many cross-border e-commerce companies. In recent years, the competition on Amazon has become increasingly fierce, especially for third-party sellers. In this article, we will analyze the survival of Amazon sellers in 2023 and look forward to the challenges and opportunities they may face in 2024, providing some strategies and ideas for sellers' reference. Status of Amazon Sellers in 2023 Growing Number of Sellers As of August 2022, Amazon has gathered more than 6.3 million third-party sellers...

    2023 December 28 - E-commerce News
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  • Top Search Terms for UK 2023: Temu Explosion, ChatGPT Breakthrough, Holiday Expectations & Streaming Changes

    Google Trends recently released a list of the top search terms in the UK for 2023, and as of December 21, the following words have become the focus of searches by the British public. First, "Temu" has become a popular search term. This is a cross-border e-commerce platform launched by Pinduoduo, and since its launch in the UK in April 2023, its downloads have climbed rapidly on the Apple App Store, reaching a staggering 9 million users.Temu is known for selling a wide range of low-priced goods in a variety of categories, including clothing, electronics, and...

    2023 December 27 - E-commerce News
    00242
  • Amazon breaks new peak in delivery: customers have polarized reactions to new return policy

    With the rapid growth of e-commerce, Amazon has once again achieved remarkable success with its efficient logistics system, as it recently celebrated the delivery of its billionth package in the United States through its "Same Day Delivery" service. This figure not only represents a huge step forward for the company in the field of express delivery, but also reaffirms its leadership in the global e-commerce industry. Amazon's Same Day Delivery service is an innovative logistics solution designed to reduce the time it takes for goods to get from the warehouse to the consumer. The service allows staff to perform a variety of tasks in one centralized location, including order processing,...

    2023 December 26 - E-commerce News
    00222
  • The Global Impact of China's Cross-Border E-Commerce: From Temu and Shein's U.S. Rise to Strategic Change in the Global E-Commerce Marketplace

    In the recent cross-border e-commerce sector, a series of noteworthy events have taken place, which not only demonstrate the rise of Chinese e-commerce in the global market, but also reflect the changing dynamics and potential challenges of the global e-commerce industry. The rapid growth of Chinese e-commerce in the U.S. market Indonesia's restrictions on Chinese e-commerce Amazon's strategic adjustments Dynamics of cross-border e-commerce in China Global market trends and challenges New opportunities and challenges for China's manufacturing industry Conclusion The development of China's cross-border e-commerce is not only an opportunity for Chinese companies, but also an important part of the global e-commerce market. ...

    2023 December 25 - E-commerce News
    00295
  • SKYRUN's Cross-Border Breakthrough: A Success Story in the Nigerian Market with Jumia

    SKYRUN, a cross-border home appliance brand originating from Jiangsu, China and rapidly growing in Nigeria, has shown remarkable growth and influence in its trajectory through its partnership with Jumia, Africa's leading e-commerce platform. Guo Nannan, SKYRUN's Deputy General Manager, spoke highly of Jumia's influence in the African market from a seller's perspective in an interview with Jumia. As the parent company of SKYRUN, Huihong Foreign Economics, founded in 2009, is a member of Jiangsu Province's largest foreign trade enterprise under the Soho Holding Group...

    2023 December 22 - E-commerce News
    00431
  • Soum E-Commerce Platform Closes $18 Million Series A Funding, Accelerates Expansion in MENA Markets

    Brand Ark recently reported that Soum, an e-commerce platform in the Middle East, has successfully closed a Series A funding round worth $18 million. The funding will primarily be utilized to expand its footprint in the Middle East and North Africa (MENA) region. The lead investor was Jahez Group, alongside New York-based Isometry Capital, and several veteran shareholders who have already invested in Soum before, including Khwarizmi Ventures, AlRajhi Partner...

    2023 December 21
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  • Israel's Azrieli Group Announces Closure of Azrieli.com E-Commerce Platform, Exposing Challenges and Uncertainty in Israel's E-Commerce Marketplace

    Recently, Azrieli Group, a leading Israeli conglomerate, announced an important decision: it will shut down its online retail platform, Azrieli.com, on December 22nd and dismiss 70 employees from the platform's team. The reasons behind this decision, and the implications for the Israeli e-commerce market, deserve to be explored in depth. Azrieli Group had acquired the Buy2 e-commerce platform in 2016 for more than NIS 60 million, and subsequently launched Azrieli should...

    December 20, 2023
    00268
  • Independent Stands and AI: Global Expansion Strategies for China's Wig Industry

    In today's globalized business environment, the wig industry is fast becoming a major hot track in the international market. According to Statista, the global wig market is forecast to reach $8.75 billion by 2023 and grow to $13.28 billion by 2026. In this booming market, China's wig manufacturing industry, especially in the regions of Xuchang, Henan Province, Shaoyang, Hunan Province and Qingdao, Shandong Province, with the advantage of its well-established industrial chain, has already occupied nearly 70%-80% of the global market. The rapid growth of this industry not only represents...

    2023 December 18
    00632

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