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SHEIN Continuously Holds Global Shopping APP Download Champion According to the latest “2024 Mobile Market Report” released by market analysis firm data.ai, fashion and lifestyle online retailer SHEIN once again won the global shopping app download champion in 2023, with Temu and Amazon ranking second and third respectively in the 2023 shopping app download volume. […]

Global e-commerce sales will exceed 6 trillion yuan in 2024 According to eMarketer’s statistics and predictions, global e-commerce sales will exceed $6 trillion in 2024 and reach $7 trillion in 2025. According to data provided by eMarketer, the countries with the highest revenue in the e-commerce field in 2024 are China, with 302.3 billion US

TikTok’s global total download volume reached 1 billion last year Recently, according to AppMagic, TikTok is the world’s most downloaded mobile application in 2023, with a combined download count of 1 billion on the App Store and Google Play Store. It is reported that since its launch in 2016, the download volume of the application

Amazon ranks first in terms of traffic growth in Brazil According to a survey conducted by BTG Pactual on the traffic of seven major e-commerce platforms in Brazil, Amazon’s share jumped from 17.6% to 23.2%, ranking first in terms of growth rate. According to reports, although major platforms are increasing their investment in logistics infrastructure

The European e-commerce market has a scale of over 800 billion US dollars Recently, according to a report released by the data analysis platform ecommerceDB, the size of the European e-commerce market in 2023 was over 800 billion US dollars, with a strong growth trend. It is expected to exceed the trillion US dollars mark

SHEIN Becomes One of the Fastest Growing Brands in the United States in 2023 Recently, the “Top 10 Fastest Growing Brands in the United States” survey report released by the well-known American consulting firm Morning Consult showed that SHEIN ranked fourth on the “Top 10 Fastest Growing Brands in 2023”, along with many internationally renowned

Online sales of low-priced goods in South Korea skyrocketed As prices continue to rise, Korean consumers are becoming more sensitive to commodity prices. Platforms such as Temu and AliExpress, which focus on cost-effective products, have also achieved rapid growth in South Korea. The demand for goods below 10000 Korean won has significantly increased among Korean

TikTok’s GMV target for next year is $50 billion It is reported that TikTok e-commerce has set a GMV target of $50 billion for 2024, which has more than doubled compared to this year’s $20 billion target. In addition, the current GMV of TikTok e-commerce in Southeast Asia has exceeded 13 billion US dollars, with

The 2023 online shopping return rate in the United States reached 17.6% According to a new report by the American Retail Federation NRF and Apparis Retail, for every $1 billion in sales, retailers generate an average of $145 million in product returns. The return rate for online sales is relatively high, with a return rate

Amazon India sellers add 300000 this year Recently, Manish Tiwary, the regional manager of Amazon’s consumer business in India, revealed to the public that in 2023, Amazon India added about 300000 new sellers, and with official data showing 1.1 million existing sellers in 2022, the total number of sellers on the site has exceeded 1.4