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.
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.
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 […]
Is China's E-commerce Dominance a Threat to Amazon and Walmart?Chinese e-commerce companies are increasing their influence in the global market. According to the Korea Institute for International Economic Policy on the 6th, German market research firm Statista analyzed that Chinese e-commerce companies are leading the global market. Citing e-commerce research firm eCommerce DB, Statista reported that based on B2C e-commerce sales, China’s online retail […]
American TikTok Sellers Reach Half a Million Despite Potential BanWhile the U.S. political community passed a bill to force the sale of TikTok, a Chinese video platform, it was announced that the number of American sellers registered on TikTok’s e-commerce platform exceeded 500,000. As the bill’s implementation approaches, it is analyzed that TikTok is expanding its influence in the U.S., especially among the younger […]
Amazon's AI Investment Pays Off with Record ProfitsAmazon’s first-quarter results exceeded market expectations. Amazon’s first quarter revenues in 2024 amounted to $143.3 billion, a 12.5% increase from the previous year, surpassing the consensus by 0.5%. Operating profit soared 220.6% to $15.3 billion, beating the consensus by 35.9%. Earnings Per Share (EPS) exceeded expectations by 16.4% at $0.98. The rise in profitability of […]
South Korea Investigates AliExpress and Temu Over Data PrivacyThe government has investigated the data collection and usage practices of Chinese e-commerce companies like AliExpress and Temu, which are eroding the domestic market with ultra-low-cost policies. This comes as the U.S. Congress is pushing for a law to ban the use of the Chinese platform TikTok over fears of personal data leaks. The move […]
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