For total scale, it’s China and the US vs. everyone else, as usual. China is approaching $3 trillion in ecommerce sales, more than the rest of the world combined. China will account for 50.7% of ecommerce sales globally this year. That’s less than its high-water mark of 55.1% in 2019, but more than enough to tower over the US’s 19.7% share in 2023.
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| Aug 11, 2023
Chinese investors and creditors are sellingglobal real estate holdings to raise cash amid the country’s deepening property crisis. That could fuel even more market distress. Man Group fund manager Jonathan Golan warns of potential bank defaults spreading to Europe due to high commercial real estate exposure in Germany and Scandinavia.
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| Feb 28, 2024
Approximately 1,000 respondents were surveyed in each country: Australia, Brazil, China, France, Germany, Singapore, South Africa, Spain, the UK, and the US.
Article
| Mar 26, 2024
Open season: Temu will open its marketplace to US sellers next month as it tries to expand beyond Chinese sellers, per Marketplace Pulse. This could help the retailer reduce logistics costs as well as cut down on delivery time to US customers.
Article
| Feb 6, 2024
I think probably the most specific thing I could call out would be just this continued influx of spending from Chinese advertisers.
Audio
| Mar 4, 2024
Companies like Mercado Libre in Latin America and Alibaba, JC.com, and Meituan in China will account for a lot of retail media business internationally. Use this chart:. Demonstrate the growth of retail media advertising. Assess retail media’s role in digital advertising. More like this:. 5 recent charts forecasting how ad spend is changing, from retail media to programmatic.
Article
| Feb 26, 2024
The big takeaway: If any platform can make social commerce happen, it’s likely to be TikTok, given its proven ability to mint trends and drive sales—not to mention the sterling example sister app Douyin has set in China.
Article
| Mar 1, 2024
It's hard to get the numbers in China, whether they are sold out in China as well, or if they sell in China at all. So, that remains to be seen. Of course we have local players like Pico in China, which is owned by ByteDance, the parent company of TikTok. And then the Oculus as well, you can actually get that in China. Bill Fisher:. Yeah, I'm struggling a little bit more with this one.
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| Jan 29, 2024
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| Apr 19, 2022
But in light of that vital role that it plays essentially for Chinese brands and Chinese manufacturers with designs on building American consumer brands, I think a kind of dark horse candidate to buy them could be Walmart.
Audio
| Mar 26, 2024
Amazon’s scale makes customer acquisition a lot easier, especially as difficulties in China drive companies, including Estée Lauder, to search for growth opportunities closer to home. Roughly 100 million unique beauty shoppers visit Amazon’s site per month, according to Melis del Rey, the company’s general manager of US stores, beauty, baby, and beauty technology.
Article
| Mar 28, 2024
But its lead is dwindling as Prime membership reaches saturation, rival retailers launch marketplaces, and Chinese ecommerce giants Shein and Temu threaten sales. Tesco and Sainsbury’s are back in growth.
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| Dec 21, 2023
This year, Spain, Italy, France, and the UK will all rank above the US and China when it comes to the percentage of digital buyers making a cross-border purchase. Cross-border sales are outpacing wider ecommerce in Europe.
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| Feb 15, 2024
That creates an unspoken contrast with Shein and Temu, both of which have struggled with product quality as well as longer delivery times due to the need to ship items from China.
Article
| Mar 21, 2024
China, United Arab Emirates, and Taiwan tied for second lowest in this metric at 1:25 daily. Chart Overview by Country. Indonesia. Malaysia. Singapore. Thailand. Vietnam.
Report
| Oct 30, 2023
Amazon dominates in the US, but Mercado Libre is a major player in Latin America, and in China, Alibaba, JD.com, and Meituan contribute to ad inventory, our Worldwide Retail Media Ad Spending Forecast 2024 report noted. 5. Retail media will make up more than half of US search ad spend growth. Retail media will drive US search ad spend growth in the US in 2024 and beyond.
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| Feb 16, 2024
Overall, five percentage points of the growth that they saw this year were from China alone.
Audio
| Feb 12, 2024
Challenging macroeconomic conditions have ushered in an era of more modest spending growth in China. But the outlook remains positive in spaces that are capturing consumer interest and demand—like live commerce and digital groceries.
Report
| Jul 29, 2022
As Axios puts it, TikTok may be less worrisome for propaganda pushed by the Chinese government than for the misleading and harmful content that US citizens post in exchange for likes and shares—whether it’s an air fryer Velveeta recipe or tax counseling.
Article
| Mar 18, 2024
However, less than a third of the country’s people ages 14 and older will be buying online in 2023, compared with nearly three-quarters of that age cohort in China. India’s digital buyer and retail ecommerce penetration, and the general state of the ecommerce landscape, is akin to that of China in 2014—and things are about to heat up. To see the full forecast, click here.
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| Aug 2, 2023
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| May 18, 2022
TikTok is currently facing potential bans in several states amid growing concern about the app’s ties to China and impact on teen mental health.
Article
| Feb 1, 2024
US consumers' appetite for luxury is beginning to fade: But rapidly recovering demand from Chinese consumers will allow LVMH, Prada, Kering, and others to maintain their strong momentum.
Article
| Apr 13, 2023
US-China conflict over chips intensifies: AMD and Nvidia stocks plunge on reports of new government sales restrictions of chips to China and Russia. US chipmakers could be forced to abandon potential sales.
Article
| Sep 2, 2022
Adversarial relationship with China is bad for tech: Retaliation by Beijing shouldn’t surprise us as Biden eyes more tech sanctions and a US general starts preparing for war.
Article
| Feb 6, 2023