Indonesia to audit TikTok, Tokopedia trial e-commerce tie-up – report
China's social media platform TikTok and Indonesia's tech group GoTo will carry out a trial e-commerce partnership for several months as regulators assess its impact on small merchants in the Southeast Asian country, Reuters reported on Tuesday, quoting Indonesia's trade minister.
"We will give a three to four months period for trial because technology is not an easy thing. Maybe efforts to…
Beyond recurring revenue: What e-commerce companies need to successfully expand overseas
The global cross-border B2C e-commerce market was valued at $784.6 billion in 2021 and is projected to reach $7.93 trillion by 2031. These numbers make cross-border expansion an attractive proposition.
Working capital and recurring revenue are the lifeblood of these businesses and become prime considerations to make cross-border expansion work. A calculated runway of 18-21 months for one…
ByteDance’s TikTok obtaining Indonesia e-commerce permit- report
ByteDance Ltd’s TikTok is said to be in the process of obtaining an e-commerce permit in Indonesia, local media Antara reported, quoting a minister.
TikTok is free to collaborate with any e-commerce platforms as long as it abides by applicable regulations and procedures in Indonesia, Deputy Minister of Trade Jerry Sambuaga reportedly said.
Sambuaga noted that the government has frozen the…
Bilibili Cements Status as E-Commerce Growth Engine This Double 11
251% YoY Increase in Gross Merchandise Volume from Video and Live Broadcasting commerce
SHANGHAI, Nov. 15, 2023 /PRNewswire/ -- Bilibili Inc. ("Bilibili" or the "Company"), an iconic brand and a leading video community for young people in China, announced outstanding performance for this year's Double 11 shopping festival in China. The platform's Gross Merchandise Volume (GMV) generated from…
ICZOOM Named Outstanding e-Commerce Platform of the Year at Prestigious Global IC & Component Exhibition and Conference, IIC Shenzhen 2023; Company Also Wins Global Electronic Component Distributor Excellence Award
HONG KONG, Nov. 9, 2023 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B electronic component products e-commerce platform, announced today that the Company was named Outstanding e-Commerce Platform of the Year at the prestigious Global IC & Component Exhibition and Conference, IIC Shenzhen 2023. This marks the seventh consecutive year the Company has been…
Xinhua Silk Road: N. China’s Suning thrives with e-commerce
BEIJING, Nov. 9, 2023 /PRNewswire/ -- In recent years, Suning County in north China's Hebei Province has vigorously implemented the strategy of developing through e-commerce, with open platforms gathering momentum, cross-border logistics extending in all directions, and the e-commerce ecology becoming increasingly complete. The county has become a hot spot for e-commerce and Internet……
Xinhua Silk Road: N. China’s Suning thrives with e-commerce
BEIJING, Nov. 9, 2023 /PRNewswire/ -- In recent years, Suning County in north China's Hebei Province has vigorously implemented the strategy of developing through e-commerce, with open platforms gathering momentum, cross-border logistics extending in all directions, and the e-commerce ecology becoming increasingly complete. The county has become a hot spot for e-commerce and Internet……
Xinhua Silk Road: N. China’s Suning thrives with e-commerce
BEIJING, Nov. 9, 2023 /PRNewswire/ -- In recent years, Suning County in north China's Hebei Province has vigorously implemented the strategy of developing through e-commerce, with open platforms gathering momentum, cross-border logistics extending in all directions, and the e-commerce ecology becoming increasingly complete. The county has become a hot spot for e-commerce and Internet……
Xinhua Silk Road: N. China’s Suning thrives with e-commerce
BEIJING, Nov. 9, 2023 /PRNewswire/ -- In recent years, Suning County in north China's Hebei Province has vigorously implemented the strategy of developing through e-commerce, with open platforms gathering momentum, cross-border logistics extending in all directions, and the e-commerce ecology becoming increasingly complete. The county has become a hot spot for e-commerce and Internet……
TaoCheChe Showcases Data-driven AI E-commerce Platform at Used Car Week 2023
SCOTTSDALE, Ariz., Nov. 8, 2023 /PRNewswire/ -- TaoCheChe, a leading B2C used car e-commerce platform, demonstrated its intelligent digital solutions, including its groundbreaking TaoCheChe Cooperate Network (TCN), at the Used Car Week 2023 event. Its attendance marked the first time the company has exhibited internationally.
"We are excited to be part of and to sponsor one of the industry's most…