Shein

Chinese food-delivery giant Meituan to debut in Saudi Arabia’s capital Riyadh as international expansion quickens

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The company’s foray into Riyadh will pit Meituan against local rivals including Jahez International Co, Delivery Hero’s Talabat and HungerStation and Uber Technologies-backed Careem. The move comes as Saudi Arabia, already the region’s biggest economy, devises plans to invest trillions of dollars to become a tourism and commercial hub. The skyline of Riyadh, the capital … Read more

Shein queen? ‘RHOD’s Maria mocked over fast fashion looks

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Unlike Sorisha Naidoo, who commissioned a local designer to create a custom wardrobe for the latest season of Real Housewives of Durban, viewers have criticised Maria Valaskatzis for choosing fast fashion brand Shein. The reality TV star has been dragged on social media for many of her looks, which are styled by “gusband” Neil Ramautar. … Read more

Alibaba’s AliExpress pushes ‘10 billion yuan of subsidies’ campaign to entice more Chinese brands and merchants to sell in overseas markets

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The campaign called “10 billion yuan of subsidies” – a typical mainland marketing phrase used to tout large online allotments – will be given to an initial batch of 1,000 Chinese brands and merchants, including those who have already opened a store on Alibaba’s domestic retail platform Tmall, according to an AliExpress statement on Monday. … Read more

Alibaba, navigating sea change, reorients business towards bread-and-butter e-commerce and AI, pares down overhaul

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By March 2023, Alibaba had lost three quarters of its value from the peak in October 2020, as the e-commerce giant, once seen as China’s answer to Amazon.com, faces questions on whether it can recapture its former glory while dealing with China’s economic slowdown, regulatory scrutiny and fierce competition from old and new rivals. The … Read more

China’s Suzhou city plans supercharged cross-border e-commerce business after Shein and Temu success

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The hi-tech manufacturing hub of Suzhou has unveiled a plan to double the city’s cross-border e-commerce annually for the next three years, as it looks to tap into the growing influence of Chinese platforms such as Shein and PPD Holdings’ Temu. The municipal government of the city in eastern Jiangsu province has issued a policy … Read more

Amazon Is Panicking After Losing 2M Customers To Chinese Rivals Temu And Shein Since January

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Global e-commerce giant, Amazon, is currently enduring somewhat of a challenging period as the company has seen its customer figures drop by over two million recently. This marginal decline comes as its Chinese-based competitors, Temu and Shein, have gathered a stronger hold internationally since expanding. The two online retailers ship out products directly from China … Read more

Alibaba brings 5-day delivery on AliExpress to US via Cainiao in battle against Shein, Temu

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Alibaba Group Holding has expanded its “five-day delivery” service to the US, as the Chinese e-commerce giant faces intensified competition against Temu and Shein in the world’s largest economy. Customers who place an order in the US on AliExpress, Alibaba’s international e-commerce platform, can now expect to receive their parcel in five days, delivered by … Read more

US lawmakers want a TikTok sale or ban, but China’s ByteDance won’t give up without a fight

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The bill is headed to the US Senate, where both Democratic and Republican leaders have rejected the idea of fast-tracking its passage. 03:10 Protests at US Congress after House passes bill that could potentially ban TikTok nationwide Protests at US Congress after House passes bill that could potentially ban TikTok nationwide While US President Joe … Read more

Alibaba’s South Asian e-commerce unit Daraz to conduct new round of lay-offs

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“Reluctantly, we will bid farewell to many valued members of the Daraz family,” acting chief executive James Dong said in an internal memo published on the company’s website on Tuesday. Alibaba, owner of the South China Morning Post, acquired Daraz in 2018. “Despite our efforts to explore different solutions, our cost structure continues to fall … Read more

AI, cross-border e-commerce are bright spots for Chinese internet firms in 2024, UBS says

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Chinese internet firms can look to chase growth through international markets and artificial intelligence (AI) in 2024, according to UBS. China’s e-commerce platforms, facing intense domestic competition with new rivals and short-video app operators, are ramping up overseas expansion, Kenneth Fong, head of China internet research at the Swiss investment bank, said in a briefing … Read more