Industrial News
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Alibaba layoffs as high as 7%! Slashing costs for listing！
The cloud computing unit controlled by e-commerce giant Alibaba Group is preparing for an initial public offering in the next 12 months, people familiar with the matter said, according to the South China Morning Post. Alibaba has cut thousands of employees, or 7% of its workforce. Alibaba did not...Read more -
Amazon increases platform visibility for small businesses! Reduce dealer participation!
Amazon has reportedly announced that it will be testing a small business search filter on its UK and US sites. The new feature is designed to help customers more easily filter search results to find products from small businesses when shopping in the Amazon store. The focus of this feature is to ...Read more -
Shein rebuilds overseas factories to reduce costs! Committed to local development!
Shein plans to build a new overseas production center in Mexico to boost its productivity, according to Reuters. The plant, which will be used to produce Shein’s own products, is part of the company’s push to localize production, helping to reduce logistics transportation times and lo...Read more -
In a depressed environment, the sales of this product in Europe increased by 4030%!
According to a study of German consumers by eBay Ads, more than half (57 percent) of Germans said they would only shop when they needed to this year, and a third of consumers believe they will be more economical in 2023. And 23 percent of consumers look for discounts on purchases. While many cons...Read more -
Amazon service ecosystem inventory: Sellers need this most!
It is reported that Amazon, as one of the world’s largest e-commerce platforms, provides a sales platform for sellers. In order to sell successfully on Amazon, sellers also need various software tools to help with product research, pricing, inventory forecasting, advertising management, acc...Read more -
Eu E-commerce Companies to Face Higher Costs? Will 5G promotion charge?
Big tech companies, which account for more than 5 percent of telecom providers’ average peak Internet traffic, would contribute to the rollout of 5G in Europe, according to a draft proposal from the EU’s telecoms industry, Reuters reported. Alphabet’s Google, Apple, FacebookR...Read more -
Global demand for goods is falling! Port containers piling up to record levels?
According to the Financial Times, falling global demand for goods has led to a sharp drop in the production of shipping containers around the world, leaving empty containers piling up at ports. According to data provided to the Financial Times by Drewry, a maritime research consultancy, productio...Read more -
The European market is dominated by three Chinese cross-border giants! Is Amazon being outdone?
According to the latest data, as of March 11, 2023, the top three shopping apps downloaded in Spain are all from China, which are Miravia, Shein and Aliexpress. In terms of overall metrics, all three apps are in the TOP10, with Miravia at number one, Shein at number seven and AliExpress at number...Read more -
Dissecting Temu’s five core strategies for success!
As of April 2023, Temu has reportedly been downloaded 10 million times since its launch in September 2022, and is now available in several countries and regions. The wide range of products on the e-commerce platform is particularly attractive to overseas consumers, which, coupled with the gamifie...Read more -
If you go to European countries, you need to apply for a visa 5 months in advance. It is difficult and slow to get a visa from Europe.
Although Europe has already opened its visa system to China, visa centers across the country are fragmented, and the opening situation is uneven. Once there is a disturbance, they will suspend business or even close their doors, which makes people wonder. Another culprit is “slow”. At...Read more -
Shein accelerates the layout of offline retail! About 30 pop-up stores will open worldwide!
Recently, Shein announced plans to open around 30 pop-up stores worldwide this year, as well as a new regional headquarters for Europe, the Middle East and Africa in Ireland, according to reports. Shein says pop-up stores are an important part of its business model, designed to allow customers to...Read more -
Cross-border e-commerce in Europe is worth a record 179 billion euros! Which sellers are carving up the pie?
Cross-border e-commerce in Europe was valued at 179.4 billion euros in 2022, up 4.8 percent from 171.2 billion euros in 2021 and slightly lower than last year’s 5 percent growth, according to Cross-border Business Europe. In addition, cross-border turnover of European online stores reached ...Read more