uob united overseas bank News

Tiktok Shop Hits 15B in Q2 Expands Global Ecommerce

TikTok Shop's Q2 GMV exceeded $15 billion, with over 1 billion monthly active users overseas. The US market experienced rapid growth, while the Thai market remained stable. Key success factors include immersive shopping experiences, precise recommendation algorithms, and localized operations. Cross-border sellers should develop targeted marketing strategies, improve operational efficiency, and create high-quality content to capitalize on the opportunities presented by TikTok Shop. The platform's continued expansion offers significant potential for businesses looking to reach a global audience.

11/03/2025 Logistics Industry Insights

Global Ecommerce Firms Expand Crossborder Logistics Solutions

Choosing the right cross-border e-commerce logistics model requires careful consideration of cost, speed, and risk. Direct mail is suitable for niche products, dedicated line logistics excels in economies of scale, and overseas warehouses require attention to inventory turnover. Businesses should build a three-dimensional evaluation model, adjusting their logistics mix in real-time based on product characteristics, market responsiveness, and capital turnover capacity. Buyun.com offers professional consulting and price comparison services to help businesses optimize their cross-border logistics.

11/03/2025 Logistics

Lazada Malaysia Cuts Seller Fees to Boost Marketplace Growth

Lazada Malaysia will adjust commission rates and launch an all-inclusive plan starting August 1, 2025. Commission fees for LazMall sellers using overseas warehouses will significantly decrease, while commission fees for non-LazMall sellers using direct shipping will slightly decrease. Sellers should pay attention to the adjusted contribution ratio for coin discounts. Overall, this adjustment is beneficial for most sellers and will help reduce operating costs. This change aims to improve competitiveness for cross-border merchants on the Malaysian platform.

11/03/2025 Logistics

HSBC Australia Simplifies International Transfers With SWIFT Codes

This article provides a detailed analysis of HSBA BANK AUSTRALIA LIMITED's SWIFT code HKBAAU2SCLS, highlighting the bank's essential information and its significance in international transfers. It aims to assist readers in successfully completing their remittance transactions.