Tag #Online Retail

Showing 13 to 24 of 31 results

usa.chinadaily.com.cn

🌐 85% Global Worthiness

Jun 13, 07:12

Chinese E-commerce Expands Aggressively into Europe

Chinese online retailers, including AliExpress and Temu, are aggressively expanding into Europe, driven by high consumer demand and projected market growth to $961.27 billion by 2029, despite facing new EU regulations on low-value packages.

Chinese E-commerce Expands Aggressively into Europe

Chinese online retailers, including AliExpress and Temu, are aggressively expanding into Europe, driven by high consumer demand and projected market growth to $961.27 billion by 2029, despite facing new EU regulations on low-value packages.

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Decent Work and Economic Growth

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How are Chinese e-commerce companies mitigating the challenges of US tariffs and EU regulations while expanding in Europe?

Chinese e-commerce platforms are leveraging efficient logistics and cost-effective products to capitalize on Europe's growing online shopping market, particularly among younger consumers. This expansion aims to mitigate US tariff pressures and boost sales amid global uncertainties.

forbes.com

🌐 75% Global Worthiness

May 22, 07:12

Allegro Q1 2024 Results: Strong Growth Despite Stock Dip

In Q1 2024, Allegro, Poland's largest online marketplace, saw a 5.4% increase in active buyers to 21 million, a 3.7% rise in average spending, and 15% revenue growth in Poland reaching $640 million; however, its stock experienced a 2.4% decrease despite year-to-date gains of 21.8%.

Allegro Q1 2024 Results: Strong Growth Despite Stock Dip

In Q1 2024, Allegro, Poland's largest online marketplace, saw a 5.4% increase in active buyers to 21 million, a 3.7% rise in average spending, and 15% revenue growth in Poland reaching $640 million; however, its stock experienced a 2.4% decrease despite year-to-date gains of 21.8%.

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Decent Work and Economic Growth

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How is Allegro differentiating itself from global competitors like Amazon and rapidly expanding Chinese e-commerce companies?

Allegro's growth is driven by increased active buyers both domestically and internationally (6 million outside Poland), highlighting its expansion across Central and Eastern Europe. This expansion strengthens Allegro's position against major competitors like Amazon and the rising Chinese players Shein and Temu by offering a European-centric alternative.

mk.ru

🌐 85% Global Worthiness

May 7, 22:14

Russian Retailers Seek Curbs on Marketplace Discounts

The AKORT association urged the Russian government to limit marketplace discounts to 10% of annual turnover, arguing that current 30-50% discounts harm offline retailers and consumers, potentially leading to widespread store closures. Two dominant online platforms, holding 80% market share, are accu...

Russian Retailers Seek Curbs on Marketplace Discounts

The AKORT association urged the Russian government to limit marketplace discounts to 10% of annual turnover, arguing that current 30-50% discounts harm offline retailers and consumers, potentially leading to widespread store closures. Two dominant online platforms, holding 80% market share, are accu...

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Reduced Inequality

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What are the immediate economic consequences of allowing marketplaces to offer substantial discounts on goods?

The AKORT association petitioned the Russian government to curb marketplace discounts of 30-50%, citing "price dumping" by online retailers as detrimental to offline sellers, producers, consumers, and the economy. They project that unchecked discounts could lead to closures of various retail outlets, impacting businesses of all sizes.

dw.com

🌐 85% Global Worthiness

Apr 16, 22:13

4,137 Dangerous Product Alerts in EU in 2024: Cosmetics and Toys Top List

The European Commission received 4,137 safety alerts in 2024 regarding dangerous non-food products, with cosmetics (36%) and toys (15%) being the most frequent, mainly due to banned chemicals; many originated in China, prompting the EU to strengthen dialogue with Chinese authorities and companies to...

4,137 Dangerous Product Alerts in EU in 2024: Cosmetics and Toys Top List

The European Commission received 4,137 safety alerts in 2024 regarding dangerous non-food products, with cosmetics (36%) and toys (15%) being the most frequent, mainly due to banned chemicals; many originated in China, prompting the EU to strengthen dialogue with Chinese authorities and companies to...

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Good Health and Well-being

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What is the primary source of the majority of harmful non-cosmetic products reported, and what role do online retailers play in this issue?

Dangerous chemicals, particularly in cosmetics and toys, were the primary concern, comprising almost half of all reported alerts. The high number of alerts from China-sourced products (excluding cosmetics) highlights the role of online retailers like Shein and Temu in distributing these items. This suggests a significant challenge in monitoring and regulating the global supply chain.

nos.nl

🌐 75% Global Worthiness

Mar 28, 22:10

Bax Music Files for Bankruptcy

Bax Music, the largest online music retailer in the Benelux, filed for bankruptcy protection due to substantial debt stemming from internal shareholder conflicts, the COVID-19 pandemic's impact on the music industry, and a €10 million fire.

Bax Music Files for Bankruptcy

Bax Music, the largest online music retailer in the Benelux, filed for bankruptcy protection due to substantial debt stemming from internal shareholder conflicts, the COVID-19 pandemic's impact on the music industry, and a €10 million fire.

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What are the immediate consequences of Bax Music's bankruptcy filing for its employees, customers, and suppliers?

Bax Music, a prominent Benelux music retailer, has filed for bankruptcy protection. This follows a disagreement among shareholders regarding a restructuring plan and the sale of the company. The company, known for its large online presence and physical store, cites the impact of the COVID-19 pandemic and a significant fire as contributing factors.

welt.de

🌐 85% Global Worthiness

Feb 6, 16:14

EU Demands Information from Shein Under Digital Services Act

The EU Commission demanded information from Shein, a major online retailer, about illegal goods and recommendation systems, using the Digital Services Act. Failure to comply by February 27th could result in fines.

EU Demands Information from Shein Under Digital Services Act

The EU Commission demanded information from Shein, a major online retailer, about illegal goods and recommendation systems, using the Digital Services Act. Failure to comply by February 27th could result in fines.

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Responsible Consumption and Production

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What immediate actions has the EU Commission taken against Shein, and what are the potential consequences for non-compliance?

The EU Commission requested Shein to provide details about illegal goods and recommendation systems on its platform, based on the EU Digital Services Act. Shein must submit this information by February 27th, and failure to comply could result in fines. The company stated it aims to provide a safe online shopping experience.

dailymail.co.uk

🌐 75% Global Worthiness

Jun 4, 01:12

Trump Jr.'s GrabAGun Launches Online Firearm Store

Donald Trump Jr. and partners launched GrabAGun, an online firearm store aiming to increase access to firearms, partnering with licensed retailers for transfers and offering training alongside purchases; the platform also sells outdoor and hunting supplies.

Trump Jr.'s GrabAGun Launches Online Firearm Store

Donald Trump Jr. and partners launched GrabAGun, an online firearm store aiming to increase access to firearms, partnering with licensed retailers for transfers and offering training alongside purchases; the platform also sells outdoor and hunting supplies.

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How does GrabAGun's business model address the decrease in firearm availability at major retailers?

GrabAGun's business model addresses the reduced firearm availability in major retailers like Walmart by offering an online platform. This caters to a broader customer base, including women and younger conservatives, who seek to exercise their Second Amendment rights. The platform's merger with a SPAC signifies significant investment in the firearms market.

welt.de

🌐 85% Global Worthiness

May 19, 22:11

German Online Retail Booms, Facing Challenges from Asian Competitors

German online retail sales are surging, exceeding expectations with a projected €92.4 billion revenue in 2025, fueled by growth in previously under-represented online categories and the rise of international players like Temu and Shein, despite challenges in product safety and customs regulations.

German Online Retail Booms, Facing Challenges from Asian Competitors

German online retail sales are surging, exceeding expectations with a projected €92.4 billion revenue in 2025, fueled by growth in previously under-represented online categories and the rise of international players like Temu and Shein, despite challenges in product safety and customs regulations.

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What is the primary driver of the recent surge in German online retail sales, and what are its immediate economic implications?

German online retail sales are booming, exceeding expectations despite low consumer confidence. The Handelsverband Deutschland (HDE) raised its e-commerce growth forecast to 4 percent for 2025, predicting a record €92.4 billion in revenue. This upward revision reflects the sector's strong performance, particularly in previously underrepresented online categories like groceries and cosmetics.

forbes.com

🌐 85% Global Worthiness

May 1, 22:14

End of De Minimis Trade Exemption to Raise Prices for Online Shoppers

The "de minimis" trade exemption, allowing duty-free import of goods valued at $800 or less, ended Friday, impacting online retailers like Temu, Shein, eBay, and Etsy and likely increasing consumer prices due to increased tariffs and import charges.

End of De Minimis Trade Exemption to Raise Prices for Online Shoppers

The "de minimis" trade exemption, allowing duty-free import of goods valued at $800 or less, ended Friday, impacting online retailers like Temu, Shein, eBay, and Etsy and likely increasing consumer prices due to increased tariffs and import charges.

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Responsible Consumption and Production

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What is the immediate impact of the de minimis trade exemption's closure on consumers and online retailers?

The de minimis trade exemption, allowing duty-free import of goods valued at \$800 or less, ended on Friday. This impacts online retailers like Temu, Shein, eBay, and Etsy, likely leading to increased prices for consumers. The exemption's closure is a result of concerns about its misuse and potential negative impact on domestic businesses.

bbc.com

🌐 85% Global Worthiness

Apr 4, 04:10

Live Shopping Market Reaches \$32 Billion Amidst Growth and Challenges

The live shopping market reached \$32 billion in 2024, driven by platforms like Poshmark and social media integration; however, scalability and cultural differences pose challenges to widespread adoption.

Live Shopping Market Reaches \$32 Billion Amidst Growth and Challenges

The live shopping market reached \$32 billion in 2024, driven by platforms like Poshmark and social media integration; however, scalability and cultural differences pose challenges to widespread adoption.

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What is the current market size of live shopping, and what factors contribute to its growth in the US?

In 2024, the live shopping market reached \$32 billion, with fashion, cosmetics, and collectibles being the most active sectors. A survey revealed that 45% of US consumers have used live shopping in the past year. This growth is driven by platforms like Poshmark, where sellers like Kelsey Krakora earn \$1,000 per three-hour show, selling around 100 items.

es.euronews.com

🌐 85% Global Worthiness

Feb 12, 10:11

EU Investigates Shein's Consumer Protection Practices Under DSA

The European Commission launched an investigation into Shein's consumer protection practices under the DSA, requesting information on illegal content, recommendation systems, data access for researchers, and consumer protection measures by February 27th, following a similar request in June.

EU Investigates Shein's Consumer Protection Practices Under DSA

The European Commission launched an investigation into Shein's consumer protection practices under the DSA, requesting information on illegal content, recommendation systems, data access for researchers, and consumer protection measures by February 27th, following a similar request in June.

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What specific consumer protection concerns prompted the EU investigation of Shein and what immediate actions are being taken?

The European Commission requested Shein to provide more information regarding its compliance with the Digital Services Act (DSA), following an investigation into the company's consumer protection practices. Shein has until February 27th to respond. This follows a June request concerning illegal products, 'dark patterns,' and recommendation systems.

taz.de

🌐 85% Global Worthiness

Feb 6, 01:10

EU and US Launch Joint Crackdown on Chinese Online Retailers

The EU and US are simultaneously cracking down on Chinese online retailers like Shein, Temu, and AliExpress due to concerns about low-cost imports, product safety, and consumer protection; the EU is investigating while the US ended a duty-free import loophole, potentially increasing prices for consu...

EU and US Launch Joint Crackdown on Chinese Online Retailers

The EU and US are simultaneously cracking down on Chinese online retailers like Shein, Temu, and AliExpress due to concerns about low-cost imports, product safety, and consumer protection; the EU is investigating while the US ended a duty-free import loophole, potentially increasing prices for consu...

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What are the underlying causes of the recent surge in low-cost imports from Chinese online retailers into the EU and US?

The EU's investigation into Chinese online retailers stems from a more than doubling of e-commerce imports from China in 2023, reaching 4.17 billion shipments valued up to €150. This rapid increase, coupled with concerns over product safety and consumer protection, is prompting the EU to consider eliminating the duty-free threshold for these imports. The US is taking a more aggressive approach, eliminating a duty-free allowance for packages under $800, increasing the cost of goods from Chinese online retailers.

Showing 13 to 24 of 31 results