Industrial News
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Can’t hide! Amazon holiday delivery fee will be raised again!
Recently, Amazon announced that the annual holiday peak delivery fee will be raised, and the new rate will take effect from October 15, 2023 to January 14, 2024. In this statement, Amazon particularly emphasized that the average delivery cost of Amazon is still about 30% lower than the standard c...Read more -
TikTok ranked first in the global download volume for 12 consecutive quarters.
According to reports, SensorTower, an American data company, released the “Global Mobile App Download Report for the Second Quarter of 2023″, which counts the most downloaded apps in the world and in various regions, as well as the markets with the highest downloads of shopping apps. ...Read more -
When will the devaluation of RMB stop? The exchange rate fell below 7.3!
It is reported that last Tuesday, the Bank of China announced that it had lowered two key lending rates. This move is very unexpected to the market. Shortly after the interest rate cut, the exchange rate of offshore RMB against the US dollar fell to 7.31 yuan, the lowest level since this year, an...Read more -
Ali financial report released: the profit in the second quarter of 2023 increased by 51%, and the company structure was adjusted!
According to reports, Alibaba released its financial report for the second quarter of 2023. During this period, the company realized a net profit of 34.332 billion yuan, an increase of 51% compared with the same period last year. This figure not only reflects the growth of Alibaba, but also shows...Read more -
Tik Tok also entered the cross-border e-commerce! China Online “Tik Tok Import Supermarket” Self-operated Store
According to reports, a new store named “Tik Tok Import Supermarket” in Tik Tok APP officially opened recently. It is reported that this is a self-operated cross-border e-commerce business owned by Tik Tok E-commerce. It is reported that at present, “Tik Tok Import Supermarket&#...Read more -
The market is depressed, and American household goods retailers are under great pressure.
In the second quarter, the American household goods retail industry still showed negative growth year-on-year. Individual retailers increased their market share by virtue of their strong competitiveness, but the situation of most retail enterprises deteriorated. YipitData, a market analysis organ...Read more -
Kohl’s: inventory clearance is completed, household items are refined, and procurement mode is entered.
Like many retailers, consumers have spent money on more important necessities after experiencing the household goods boom during the epidemic and the clothing consumption wave that followed. At this time, Kohl’s realized that the company was overstocked with too many goods. Reducing invento...Read more -
Klaussner, a well-known American furniture company, terminated its operation
According to Furniture Today, Klaussner Home Furnishings, a furniture company headquartered in North Carolina, stopped operating on August 7. In an open letter, Klaussner said, “Without any warning, Klaussner’s loan source unexpectedly stopped funding the company’s operation. D...Read more -
SHEIN is developing vigorously in France, steadily pushing forward the globalization strategy.
With the price close to the people, rich and varied shopping choices and leading the fashion trend, fast fashion brand SHEIN has become a fashion giant that attracts men and women of all ages. Recently, Joko, a French data analysis company, published a research report to analyze the anonymous ban...Read more -
After full hosting brings high growth, AliExpress will soon launch a “semi-hosting” model.
It is reported that AliExpress is preparing for “semi-hosting” recently. Semi-hosting adopts directional invitation mode, and some sellers have received invitations. According to the insiders, AliExpress aims to make full use of market opportunities in order to gain more advantages in...Read more -
Yesterday, this well-known platform official announced that it would officially stop its service in China!
According to reports, on August 9, 2023, LinkedIn, a well-known global social recruitment platform, announced that its localized job search platform “LinkedIn Workplace” operated in China had officially stopped serving. Although in the past nine years, LinkedIn has tried hard to local...Read more -
TikTok has another big move! Launch logistics platform service in the UK!
According to reports, TikTok announced the official launch of a new logistics service, Fulfilled by TikTok, in the UK. The social network once again launched a direct challenge to e-commerce giants such as Amazon, Shein and Temu. FBT is a logistics service provided by TikTok for Britain, where Ti...Read more