The “refund-only” policy in China’s e-commerce sector – where consumers can get back money for goods bought from merchants, without returning the products – is now under scrutiny, as analysts point to how the practice has been abused in the local market. China’s market regulator has directed PDD Holdings, operator of popular budget-shopping platforms Pinduoduo … Read more
Chinese sellers on overseas shopping sites, from Temu to Amazon.com, are struggling to turn a profit during this year’s Black Friday sales, as fierce competition and narrowing margins take a toll on their earnings. A clothing factory owner in the southern trade hub of Guangzhou, surnamed Xie, said Black Friday sales at his Temu store … Read more
Popular budget-shopping platforms Temu and Shein have suspended operations in Vietnam, as they await approval from authorities to restart their local services. The country’s Ministry of Industry and Trade ordered Temu, owned by Chinese e-commerce giant PDD Holdings, to halt its business after the platform failed to complete the required business registration process by the … Read more
SCOTTISH artists have been left shocked to discover “shameless rip-offs” of their work being sold cheaply on a Chinese website. The Temu online store is now at the centre of a copyright row after selling unauthorised artist’s designs. 2 Temu is at the centre of a copyright rowCredit: Reuters 2 Artists claim their works … Read more
Amazon.com is inviting select Chinese merchants to join its newly launched “crazy low prices” platform, Haul, as the leading US online shopping platform competes with Temu and Shein to woo budget-conscious consumers. Recruitment is by invitation only for now, but the Chinese vendor community already appears excited about this new channel. A factory owner surnamed … Read more
Jiang, 39, who has been serving as chief executive of Alibaba International Digital Commerce Group (AIDC), was appointed by the Hangzhou-based tech conglomerate on Thursday to lead the newly formed Alibaba E-commerce Business Group. The new unit will integrate Taobao and Tmall Group (TTG), AIDC, 1688 Marketplace, Idle Fish and the other e-commerce operations of … Read more
On the bustling streets of Bangkok, TikTok Shop’s Singles’ Day shopping campaign is hard to miss, as large LED screens flash promotions in endless loops. Promotions have been infiltrating people’s lives in other ways, as well. On the ride-hailing app Grab, TikTok Shop’s Double 11 logo appears prominently on the map interface. A promotional blitz … Read more
China is home to US e-commerce giant Amazon.com’s four biggest merchant bases, according to new research, showing the significant role that the world’s second-largest economy continues to play in the global supply chain despite geopolitical tensions. Shenzhen, a technology and factory hub in China’s southern Guangdong province, leads the pack with 102,588 sellers registered on … Read more
A WOMAN was terrified to discover South America’s deadliest scorpion running along her skirting boards at home. Payge Aitchison spotted the Brazilian yellow scorpion in her hallway in Wokingham, Berkshire, but has no idea how it got there. 4 The Brazilian yellow scorpion is South America’s most deadly scorpionCredit: SWNS 4 Payge Aitchison discovered the … Read more
Chinese-founded fast-fashion giant Shein saw profits plunge over 70 per cent in the first half of 2024 due to fierce competition from rivals such as PDD Holdings’ Temu, according to a report by The Information. Revenue growth of the Singapore-registered company slowed to 23 per cent during the period, down from 40 per cent for … Read more
