China Leads the World in Deliveries: 174.5 Billion Packages in 2024China's express delivery volume reached 174.5 billion in 2023, marking a 21% increase and solidifying its global leadership in the sector.
China’s Illegal 'Squid Game' Season 2 Merch Craze Raises Eyebrows and AngerUnauthorized merchandise for Squid Game Season 2 floods Chinese marketplaces, sparking outrage over piracy and illegal sales.
Alibaba Sells $1.6 Billion Stake in Sun Art Retail Group as It Shifts FocusAlibaba sells its 78.7% stake in Sun Art Retail for $1.6 billion, focusing on core e-commerce amid rising competition.
U.S. Retail Sales Soar 3.8% in Record-Breaking Holiday Shopping SeasonU.S. retail sales rose 3.8% during the holiday season, driven by competition and promotions, with online sales increasing 6.7%.
Ceneo vs. Google: Allegro's Subsidiary Sues for $568 Million in DamagesAllegro's subsidiary Ceneo is suing Google for $568 million, claiming anti-competitive practices harmed its business operations.
Billionaire Investor Stanley Druckenmiller Names His Top Stock Pick for Q3Wall Street legend and billionaire investor Stanley Druckenmiller has named Coupang his top stock pick for the third quarter of this year.
China's Temu Tops U.S. App Store Again, Beats Instagram, TikTok in 2024Temu becomes the most downloaded free app in the U.S. for the second year, challenging Amazon amid regulatory scrutiny on Chinese imports.
Costco’s Solid Performance Outpaces the S&P 500 – Here’s Why You Should CareCostco's Q1 revenue hit $62.2B, surpassing forecasts, with strong membership growth and stable performance boosting stock value.
Walmart’s Sales Soar to $169.59 Billion – What’s Driving Their Record Growth?Walmart's Q3 fiscal 2025 results exceeded expectations with $169.59B in sales, driven by strong consumer demand and e-commerce growth.
Amazon’s New Low-Cost Store Aims to Compete with China’s Temu and SheinAmazon launches Amazon Haul, a web store for ultra-low-priced items under $20, targeting competition from Chinese platforms.
'No China-Made Goods Here!' The Country That Slammed the Door on TemuIndonesia continues to block Chinese e-commerce platform Temu, citing concerns over its impact on local SMEs and competition.
Shein and Temu Under the Microscope: CPSC Urges Safety AssessmentThe Consumer Product Safety Commission (CPSC) has called for evaluating the Chinese online shopping platforms Shein and Temu.
Cancer Causing Chemicals Found in Sandals and Hats on AliExpress and TemuCarcinogenic substances were found in sandals sold on Chinese online shopping platforms such as AliExpress and Temu.
China vs. US: Shocking Truth About Who’s Really Winning the E-Commerce BattleChina is dominating the online commerce industry, with its market size estimated to be nearly three times that of the United States.
Is Your Shopping Spree at Shein Compromising Your Personal Security?Chinese e-commerce giant Shein has been criticized for potential security issues, including personal data breaches, that could occur as it exports its logistics supply chain services and technology to the global market. Concerns were raised from within the U.S. that the Chinese government could seize data on logistic supply chain information and sensitive personal data […]
Toxic Substance in Children's Boot Over 680x LimitA children's boot sold on a Chinese online platform was found to contain a carcinogenic substance exceeding 680 times the standard limit.
Amazon to Roll Out Cheap Goods to Trump Temu and SheinWith fierce competition from Chinese e-commerce platforms, Amazon is launching a dedicated section exclusively for ultra-low-priced products.
Shocking Germ Levels Found in Imported Disposable Swabs and StrawsDisposable cotton swabs sold on Chinese e-commerce platforms were found to have bacterial levels approximately 37 times the domestic standard. Similarly, disposable straws exceeded the domestic standard for total extractable matter (4% acetic acid). On the 19th, Seoul City announced that it had conducted safety tests on 95 hygiene products directly purchased from Chinese e-commerce […]
How Amazon's AWS is Capitalizing on the AI TrendAnalysts predict a favorable stock trend for Amazon.com, Inc. as its AWS sees a revival in its sales growth rate.
Why Can't TikTok Shop Break Into Korea? U.S. Pressures and Local Giants Stand in the WayTikTok filed a trademark for TikTok Shop at the end of last year but has yet to unveil it to consumers. Analysts believe that the launch has been delayed due to the intensifying competition in domestic e-commerce and issues surrounding TikTok’s expulsion from the United States. On the 29th, the IT industry cited the fierce […]
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