Is SHEIN worth $100 billion?

SHEIN, who has been making money silently for many years, can no longer keep a low profile. SHEIN, a cross-border e-commerce brand focusing on fast fashion and cost-effective women’s clothing, has developed in less than 10 years. It is designed…

SHEIN Announces the Launch of the evoluSHEIN Series

Recently, China’s cross-border e-commerce giant, SHEIN, a global real-time fashion pioneer, announced the launch of the evoluSHEIN series, which supports Body Positivity through “size inclusiveness” and uses “environmentally friendly” fabrics to demonstrate its environmentally friendly stance. In addition, the company…

55% of global cross-border online purchases come from Amazon, AliExpress and eBay

According to the latest 2022 cross-border e-commerce consumer survey released by the international postal company IPC, 55% of the world’s cross-border online shopping comes from Amazon, AliExpress and eBay e-commerce platforms. IPC surveyed more than 33,000 online shoppers in 40…

Alibaba may invest $400 million in Lazada to enter Europe

According to media DealStreetAsia, a document from ACRA (Accounting and Corporate Regulatory Authority of Singapore) shows that Southeast Asian e-commerce platform Lazada has issued an additional $378 million in new shares to its parent company Alibaba Group. It is reported…

Wheat prices rise more than rice

A shift in replacement demand to rice as a result of the Ukrainian crisis leading to higher wheat prices is having an impact on countries’ food purchases. Statistics from the U.S. Department of Agriculture showed that the average price of…

International cotton prices rose to 11-year high

The international price of cotton rose to an 11-year high. India, which ranks third in the world in terms of export share, is giving priority to domestic supply, and the expectation of starting to stop exporting and expanding imports has…

Part of Sony’s Shanghai factory resumes work

Sony Group’s TV and other electronics factories in Shanghai have partially resumed production from May 8. Due to the expansion of the new crown epidemic, Shanghai began to implement lockdown measures from March 28, and Sony’s factories also stopped work…

L’Oreal establishes its first investment company in China

May 8, L’Oreal officially announced the establishment of its first investment company in the Chinese market – Shanghai Beauty Square Investment Co., Ltd, located in Lingang Nanqiao Technology City in the core area of Oriental Beauty Valley in Fengxian District,…

Lazada may enter the European market

As one of the largest online shopping sites in Southeast Asia, Lazada is already a well-known e-commerce platform for cross-border e-commerce sellers. Recently, some foreign media said:Alibaba Group plans to expand its Southeast Asian subsidiary Lazada to Europe, as Alibaba…

Shopify acquires logistics provider Deliverr for $2.1 billion

Global e-commerce SaaS platform Shopify has reached an agreement with US logistics service provider Deliverr to acquire the latter for $2.1 billion.Global e-commerce SaaS platform Shopify has reached an agreement with US logistics service provider Deliverr to acquire the latter…