Chinese merchants

PayPal expects more cross-border e-commerce from China despite geopolitical uncertainties

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PayPal expects more cross-border e-commerce from China despite geopolitical uncertainties

As PayPal expands in China, the American digital payments platform expects local merchants selling abroad to see cross-border e-commerce continue to grow despite mounting geopolitical and regulatory challenges. “We are seeing meaningful interest from [Chinese] merchants as they are seeking to expand to go both to Europe as well as the US, and we feel … Read more

Amazon faces uphill battle against Temu and Shein as it woos Chinese merchants, analysts say

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Amazon faces uphill battle against Temu and Shein as it woos Chinese merchants, analysts say

The US e-commerce giant told Chinese merchants in an invite-only meeting on Wednesday that this new online budget marketplace will feature non-branded fashion items, household goods and daily necessities, which will ship directly to consumers from warehouses on the mainland in nine to 11 days. That plan, first reported by online tech publication The Information, … Read more