Industrial News
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Alibaba’s layoff rate is as high as 7%! Crazy cost reduction for listing?!
According to the South China Morning Post, insiders have revealed that the cloud computing department controlled by e-commerce giant Alibaba Group is preparing for an initial public offering in the next 12 months. Alibaba has already laid off thousands of employees, accounting for 7% of the total...Read more -
TikTok’s Spanish market is crushing Instagram! This category TK is super hot!
Recently, according to data from Social Media Family in Spain, Instagram’s users decreased for the first time compared to the previous year. The number of TikTok users continues to grow at a double-digit rate. TikTok was originally an application for music short films and funny videos, but ...Read more -
Cut throat competition? Pinduoduo Temu has been sued overseas!
It is reported that Temu, a shopping platform owned by Pinduoduo, which has entered the overseas market with ultra-low prices and high profile, has recently been involved in a dispute with Amazon sellers. The reason is that some merchants on Temu directly move the listings sold by sellers on the ...Read more -
Shein plans to help 10000 sellers sell over a million dollars annually!
Recently, following the official announcement of the platform model, SHEIN officially announced the “Attractive” Million Seller Plan, which aims to help 10000 sellers worldwide in the next three years, with annual sales exceeding one million US dollars. According to reports, the speci...Read more -
Suspected of tax evasion? Pinduoduo Temu and SHEIN are accused by the United States!
It is reported that the United States House of Representatives released a stern report on the 22nd of this month, accusing Chinese cross-border e-commerce giants Temu (Pinduoduo Overseas Edition) and Shein of violating US tariff regulations. According to the latest survey by the United States, Ch...Read more -
The most popular products sold in Europe are these! Alibaba AliExpress 618 Promotion Achievements Revealed!
AliExpress Express has just concluded its overseas 618 promotion and officially announced its top ten best-selling products. According to reports, AliExpress continued to grow rapidly in various countries during the 618 period, ranking first on the shopping app download list in South Korea and cl...Read more -
Wanna roll it up? Local sellers in Europe can also join the SHEIN e-commerce platform!
According to foreign media reports, SHEIN plans to strengthen its market share in Europe and Latin America. According to reports, on June 21st, SHEIN announced the launch of the SHEIN marketplace platform in Mexico, where it will sell all products from laundry soap to electronic products. Through...Read more -
Is Amazon’s position in Spain uncertain? TikTok store may become a new trend in e-commerce!
According to foreign media reports, TikTok is the fastest social network in the history of the digital economy to break through the 1 billion user mark, surpassing WhatsApp, Instagram, and Facebook. According to data from the Spanish IAB, it has successfully entered the “top five” of ...Read more -
Sales Explosion! The Spanish seller on this e-commerce platform sells 200 items per minute!
Recently, according to a report released by Amazon, the export value of 15000 Spanish small and medium-sized enterprises sold on Amazon in 2022 broke a historical record with over 950 million euros, an increase of 10% year-on-year. Among them, the international sales of these small and medium-siz...Read more -
Shein Accelerates E-commerce Platformization! These sellers of these categories have settled in!
Recently, Fast fashion cross-border e-commerce company SHEIN launched its third-party platform “Shein Marketplace” in Brazil and the United States. This platform will host local and international third-party sellers on the SHEIN website together with the clothing products of the SHEIN...Read more -
The European version of “Tmall” is coming to Spain! Cross border sellers and local Chinese merchants are crazy!
According to news on June 16th, J Michael Evans recently announced that the group plans to expand “Tmall” to Europe and sell local brands to local consumers. Alibaba stated that it has started a pilot project on Tmall in Spain, with the aim of ultimately expanding its business through...Read more -
Temu has exploded in European and American markets! Sales have overwhelmed Shein?
According to Bloomberg data, American consumers spent 20% more on Temu (overseas Pinduoduo) in May than China’s more mature Fast fashion cross-border retailer Shein. According to data from mobile application research firm Apptopia, Temu has been the top iOS application in the United States ...Read more