December 2024

In the rapidly evolving landscape of global e-commerce, Southeast Asia has emerged as a critical battleground for merchants seeking growth opportunities. With an e-commerce market growth rate of 18.6% in 2023—the highest globally—the region is poised to reach a projected GMV (Gross Merchandise Value) of $159 billion in 2024, according to the “e-Conomy SEA 2024” […]

Recent reports suggest that Chinese e-commerce platform Temu is considering entering the Indonesian market by acquiring the local e-commerce giant Bukalapak. This potential move has sparked significant attention and mixed reactions from stakeholders, government officials, and the business community. After successfully expanding into markets such as the Philippines, Malaysia, Thailand, and Vietnam, Temu has faced

TikTok’s battle for survival in the United States has reached a critical juncture. With just 35 days remaining before the potential enforcement of a “ban if not sold” directive, the clock is ticking for the popular short-video app to find a resolution. On December 9, TikTok issued an official statement announcing that it had submitted

Taobao’s overseas expansion has experienced a significant boost with the success of its “Global Free Shipping Plan for Large Clothing Products,” which launched in July. This initiative allowed Taobao and Tmall merchants to offer their products internationally without the hassle of handling logistics or after-sales service themselves. By relying on Taobao’s platform to manage logistics

Crosser, China’s first commercial manned space technology enterprise, has recently completed an angel round of financing, raising $4.12 million. The round was led by Qifu Capital, with the funds allocated to the production and development of the CYZ1 suborbital manned spacecraft (CYZ1-00). These funds will support the establishment of a commercial test base for environment