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The end of the de minimis exemption is undermining traffic to two of China’s most popular e-commerce platforms, industry data ...
A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic ...
A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic ...
AXIAN Telecom has acquired an 8% stake in Jumia, backing the e-commerce company’s shift toward profitability in core African ...
US users of Chinese discount e-commerce platform Temu fell 58% in May following the White House’s elimination of the “de ...
Bay to shut down its operations in Israel by Q1 2026, laying off over 200 employees as part of global restructuring and ...
Shares of Temu owner PDD Holdings Inc. plunged in US trading after its quarterly sales and profit missed estimates, ...
How does this impact shoppers in the U.S and worldwide? How does a cross-border gifting company, SodaGift, rise to keep customers shielded from the effects of ...
The Seattle-based team was told to await operational changes amid threats of a U.S. ban and continued trade tension with ...
To help get their customers back, Temu recently transitioned its U.S. operations to a local fulfillment model. That means all sales in the U.S. are now handled by locally based sellers.
That pushed many suppliers in China that had previously shipped low-cost consumer goods in bulk to restructure their operations by using de minimis exemptions to get around U.S. levies. Chinese online ...
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