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Wish.com marketplace to be acquired by Qoo10 for 173M cash

On February 12th, Wish’s parent company, ContextLogic Inc., has just revealed plans to sell the Wish e-commerce platform to Qoo10. Qoo10 is an e-commerce platform headquartered in Singapore, with localised online marketplaces across Asia. Wish has announced that once Qoo10 completes the acquisition, it will officially become part of Qoo10’s business series. This integrated platform […]

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“Is TikTok ‘Harvesting’ Businesses Under Profit Pressure? A Look at the Current Landscape”

With the intensification of competition in the e-commerce sector, it has become a norm for significant platforms to adjust their strategies to adapt to market changes. On January 4th, according to information sent by TikTok to American sellers, the commission rates for TikTok Shop in the United States will gradually increase in the coming months.

“Is TikTok ‘Harvesting’ Businesses Under Profit Pressure? A Look at the Current Landscape” Read More »

Surpassing Zara and H&M, SHEIN’s Go Global Journey: Redefining Fashion in the Digital Age

With increasingly fierce global consumer market competition, SHEIN continues its breakthrough surge. On January 15, the “2024 Mobile Market Report” from market analysis firm data.ai revealed that SHEIN topped the global shopping app download chart. In the past few days, Morning Consult released the “Top Ten Fastest-Growing Brands in the United States,” with SHEIN ranking

Surpassing Zara and H&M, SHEIN’s Go Global Journey: Redefining Fashion in the Digital Age Read More »

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