“AliExpress, the cross-border e-commerce platform under Alibaba, has achieved remarkable success in the South Korean market in recent years. According to data from the Korean Customs Office, in the first three quarters of 2023, cross-border e-commerce purchases in South Korea reached 48 trillion Korean won (approximately 27 billion Chinese yuan), showing a YoY growth of 20.4%. Among them, purchases of Chinese goods through cross-border e-commerce accounted for 22 trillion Korean won, representing half of all cross-border purchases made by Korean consumers. Alibaba’s AliExpress has played a significant role in elevating the position of Chinese enterprises in the South Korean cross-border ...

In the fourth quarter of 2023, international air freight experienced an explosive demand surge and soaring prices, with freight rates on European and American routes surpassing the levels seen during the pandemic. From the airlines’ perspective, they were profitable during the peak season in the last quarter of the previous year. Based on the market conditions in that period, airlines generally had high expectations for this year and have adjusted contract prices for 2024 accordingly. More than two-thirds of the international routes for all domestic cargo airlines are currently sourced from cross-border e-commerce parcels. Cross-border e-commerce parcels have become the ...

The market is becoming more competitive, with sellers experiencing a general profit decline. New platforms are emerging, and various platforms are intensifying efforts to attract merchants offline. The question arises: should one enter or refrain from entering the game?Many sellers make plans for 2024, deciding whether to “hold on” to an existing business or actively expand. Should they consider establishing a presence on new platforms? For each seller, the answer varies. To grasp the direction of the trend, several leaders in the cross-border e-commerce industry share their perspectives on industry trends. About “Internal Competition” One of the main themes in ...

In 2023, foreign direct investment in Mexico reached a historic high of $36.58 billion, a 27% increase from the previous year. Half of this investment was concentrated in the manufacturing sector, including transportation equipment, beverages, and metals. China’s share of direct investment in Mexico has rapidly increased in recent years. According to a report by the National Autonomous University of Mexico, China’s direct investment in Mexico in 2022 increased by 48% compared to 2021. In the past two years, countless Chinese independent brands have invested in Mexico, setting up layouts, factories, production, and local marketing. The Rise of Chinese Manufacturing ...

According to the latest “2024 Mobile Market Report” released by an insider, the top four spots on the global shopping app download growth rates in 2023 are dominated by China’s e-commerce “Four Sea Dragons.” These include Pinduoduo’s cross-border platform Temu, SHEIN, Alibaba’s AliExpress, and ByteDance’s TikTok Shop. Bookmark

From foreign media reports, TikTok may have had the highest global download and consumer spending in 2023, but there may be better apps in actual usage. In 2023, Facebook continued to lead in monthly active users, followed closely by other Meta-owned apps such as WhatsApp, Instagram, and Messenger, all of which had monthly activities exceeding TikTok. According to the latest data from Sensor Tower, although TikTok’s growth trend remains positive, signs of a slowdown have emerged. In 2022, TikTok’s monthly active user count grew at an average annual rate of 12%. However, by 2023, this growth rate had dropped to ...

Over the eight years, SHEIN’s sales have grown hundreds of times, and its relationship with the South China garment manufacturing industry is no longer a case of customers placing orders with factories. SHEIN has established a comprehensive supply chain system that delves into various processes such as clothing design, fabric procurement, and processing, bringing factories closer to the demands of market-end consumers. This has resulted in increased factory efficiency, reduced inventory waste, and driven the digitization and production efficiency of the entire South China garment supply chain. SHEIN has transformed itself and the supplier factories it collaborates with. Amid the ...