July 26, 2024

TikTok Shop’s Southeast Asia cross-border business is experiencing a rapid surge, with recent data indicating a boom that is just beginning. According to TikTok Shop officials, the number of cross-border goods sold in Southeast Asia in 2023 has increased by over 19 times year-over-year, while the number of cross-border merchants has grown nearly fivefold. The […]

By Bloomberg Financial Insights In a bold strategic pivot, Temu has rapidly embraced a semi-fulfillment model, reshaping its business ecosystem and disrupting its merchant landscape. The shift, which commenced three months ago, is accelerating a significant transformation among Temu’s seller base. The End of Easy Gains for Small Sellers For smaller merchants like Gao Le,