Tiktok Lowers Revenue Forecast Amid Slowing Ad Growth

Tiktok Lowers Revenue Forecast Amid Slowing Ad Growth

Affected by the global online consumption slowdown, TikTok has lowered its annual revenue target to approximately $10 billion, primarily due to hindered growth in advertising and e-commerce. The company is undergoing business restructuring, with the North American General Manager reassigned to oversee TikTok Shop. Despite facing challenges, TikTok leads in US advertising revenue and is actively developing its e-commerce business. Its future development is worth watching.

Indonesias Tiktok Shop Split Signals US Regulatory Scrutiny Ahead

Indonesias Tiktok Shop Split Signals US Regulatory Scrutiny Ahead

Indonesia is considering splitting TikTok due to concerns that social commerce's low-price competition threatens local retailers. This move has raised concerns among cross-border e-commerce sellers about market regulation in the US. Facing multiple challenges, cross-border e-commerce businesses need to prioritize compliance, expand sales channels, and improve product quality and service levels to achieve diversified development. Only then can they stand out in the fierce market competition.

Amazon Expands Investment in Spains Ecommerce Market

Amazon Expands Investment in Spains Ecommerce Market

Amazon's significant investment in Spain, including new logistics centers and strategic upgrades, demonstrates its strong confidence in the market. Spain's e-commerce market holds immense potential, driven by high internet penetration and continuous growth in online shopping. For e-commerce sellers, Spain represents a promising emerging market worth exploring and investing in. Success requires a deep understanding of the market, the development of sound strategies, and sustained effort.

Temu and SHEIN Compete in Global Ecommerce Expansion

Temu and SHEIN Compete in Global Ecommerce Expansion

Temu and SHEIN are engaged in intense competition in overseas markets, with Temu surpassing SHEIN in downloads in several countries, although Amazon remains dominant. Both companies face common challenges such as quality control and environmental protection, as well as the influence of local giants. Chinese e-commerce companies need to seek coordination and complementarity in competition, and pay attention to the development models and opportunities of cross-border e-commerce.

Ecommerce Firms Cut Perks Amid Crossborder Industry Downturn

Ecommerce Firms Cut Perks Amid Crossborder Industry Downturn

The cross-border e-commerce industry is facing a winter, with layoffs, salary reductions, and benefit cuts becoming widespread. This article reveals the current state of the industry, using a well-known cross-border e-commerce company in Guangzhou as an example to analyze the impact of its salary adjustments. It also explores how companies and individuals can cope with the challenges and strive for survival and development amidst industry changes.

Lazada and Shopee Compete for Dominance in Southeast Asia Ecommerce

Lazada and Shopee Compete for Dominance in Southeast Asia Ecommerce

This paper provides an in-depth comparison of Southeast Asian e-commerce platforms Lazada and Shopee. It analyzes their brand positioning, target audience, and platform characteristics. The aim is to provide cross-border sellers with differentiated product selection strategies. By understanding the nuances of each platform, sellers can make informed decisions to choose the most suitable platform for their business development. Ultimately, this helps them succeed in the Southeast Asian market.

Angolas Customs Reforms Boost Trade Efficiency

Angolas Customs Reforms Boost Trade Efficiency

Angola implements Binding Tariff Information (BTI) to enhance trade facilitation, predictability, and customs efficiency, attracting foreign investment and promoting economic development. This advance ruling system provides traders with certainty regarding the classification of goods before importation, streamlining customs procedures and reducing delays. By offering clarity and transparency, the BTI system fosters a more conducive environment for international trade and investment in Angola, ultimately contributing to the country's economic growth and diversification.

ADB WCO Enhance Asian Trade Via Customs Reforms

ADB WCO Enhance Asian Trade Via Customs Reforms

The Asian Development Bank (ADB) and the World Customs Organization (WCO) are strengthening their collaboration to enhance trade facilitation in Asia. This partnership focuses on adopting WCO standards, promoting customs modernization, and fostering regional cooperation. The aim is to build an efficient, transparent, and secure trading environment, ultimately contributing to regional economic prosperity. The collaboration will involve joint efforts to implement best practices and streamline customs procedures across the region.

Global Trade Experts Gather at WCO Academy in Brussels

Global Trade Experts Gather at WCO Academy in Brussels

The 3rd WCO Knowledge Academy successfully took place in Brussels, gathering 155 customs and trade professionals from 50 countries. The two-week intensive training covered traditional customs topics, trade facilitation, security frameworks, and featured a special “Women in Leadership” workshop. The WCO Secretary General personally presented certificates, recognizing the participants' achievements. The Knowledge Academy promoted international exchange and cooperation in the field of customs and trade, contributing to global trade development.

Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh's accession to the Revised Kyoto Convention marks a significant step towards trade facilitation. This convention aims to simplify customs procedures, improve clearance efficiency, enhance trade environment transparency, promote information technology application, strengthen risk management, and foster closer trade partnerships. This will inject new impetus into Bangladesh's economic development by streamlining trade processes and creating a more predictable and efficient trading environment, ultimately contributing to economic growth and competitiveness.