However, even though the company is not headquartered in China, Shein may have to get permission from Chinese regulators, which could throw a wrench into its IPO plans. While an IPO may not massively change the current fast-fashion landscape, it would help to legitimize Shein, which could help quell consumer and investor fears over labor and sustainability practices.
Article
| Dec 12, 2023
. $5.8 billion in revenues during the second quarter came from outside China, with the majority coming from TikTok. Despite TikTok’s popularity and influence in the US, ByteDance gets the majority of its revenues from China, where it operates another short-form video app named Douyin.
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| Nov 15, 2023
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| May 24, 2023
One other thing on this I thought was really interesting, 40% of all shopping in China is done on a mobile phone, of all shopping, total retail, not just the online portion. 40% of all shopping done on the mobile in China versus 7%. Just 7% in America. That makes sense.
Audio
| Jan 4, 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
China’s example would suggest that retail media has enormous headroom for growth in the US. Companies like Amazon have been growing their ad revenues by leaps and bounds, and yet ecommerce channel ad spending will still only represent 14.6% of the US digital ad market this year. In China, the share will be 38.1%.
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| Jun 1, 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
A tech cold war intensifies: A federal order protecting US tech interests highlights anxiety over China surpassing the US as a global tech superpower. Some weaknesses are closer to home.
Article
| Sep 19, 2022
Let the AI war games not begin: Rising geopolitical tension threatens to disrupt robust US-China AI collaboration, potentially veering the world toward destructive versus constructive uses of the technology.
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| Mar 31, 2022
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| May 19, 2022
Ecommerce players with roots in China have gained ground on established retailers by introducing innovative shopping experiences. App-based, entertaining, and highly deal-driven, the platforms appeal most to Gen Z and budget-conscious shoppers. They cut out the middlemen of retail distribution and connect directly to China’s vast manufacturing base.
Report
| Nov 28, 2023
Its ultra-low prices on a wide range of products, mostly shipped direct from Chinese factories, are proving attractive to cash-strapped US consumers. Plus, its marketing strategies, which include influencer endorsements, paid ads, and social media campaigns, have given them far-ranging reach in a short space of time.
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| Aug 31, 2023
Chinese phone-makers such as Honor and Xiaomi are heating up the competition for affordable, innovative devices. “It is going to compel companies like Samsung and Apple to develop their own foldable phones,” Wurmser said. Impact of the prediction:. More mobile apps may take advantage of the growing number of consumers able to have multiple windows appear on-screen.
Article
| Jan 11, 2024
I haven't seen the latest numbers for 2023, but it's dropping because of a lot of competition coming from China. A lot of cheaper phones and really quite innovative phones from Honor and Xiaomi and Oppo, Tecno, some of these other Chinese makers building a market in China. Now, I don't think that's really going to lead to...
Audio
| Jan 9, 2024
TikTok's privacy debacle deepens: Internal documents reveal ByteDance employees have been sharing user data on internal platform Lark, undermining the company's claims of robust security measures and stirring fresh concerns about potential security risks and ties to China
Article
| May 26, 2023
The UK is much closer to China in terms of ecommerce sales as a proportion of total retail. It places second by this measure, at 32.0%, behind China’s 45.9% and well ahead of the US’s 15.6%, per our forecast. And TikTok is banking on this translating into comfort with social buying.
Report
| Jul 25, 2023
Penetration is high given the dominance of specific mobile messaging apps in certain markets, such as WeChat in China, Line in Japan, KaKaoTalk in South Korea, and WhatsApp in major Western European countries. By 2027, WeChat will have reached almost 900 million users in China. North American adoption is significantly lower than the global average.
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| Jun 27, 2023
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| May 18, 2022
Because TikTok is owned by ByteDance, a Chinese company, and some in the US government think the Chinese government could use TikTok data against them. President Biden is on board. He said, "If they pass it, I'll sign it." It should also be noted that the President is currently using TikTok after joining last month to court young voters.
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| Mar 18, 2024
But it still lags the US and China, where around 4 in 10 people will make a social purchase this year. To view the full forecast, click here. UK retailers have been slow to embrace the channel.
Report
| Dec 1, 2023
The threat of a TikTok ban is enough to make waves: ByteDance, Meta, and Chinese competitor Kuaishou are all taking steps to anticipate a ban.
Article
| Mar 30, 2023
Tensions with China flare faster than the US can build its production base: Ford’s CATL partnership for EV batteries illustrates that US dependence on China’s manufacturing won’t be easily overcome.
Article
| Feb 16, 2023
Alibaba’s retail ecommerce sales in China were nearly twice that of Amazon’s worldwide in 2022, at $1.229 trillion compared with about $657 billion, per our estimates. Latin American competitor Mercado Libre had significantly less ecommerce sales, at nearly $35 billion.
Article
| Jan 18, 2023
AVs have surveillance potential: Chinese officials’ recent restrictions on Teslas are just a fraction of more widespread concerns about vehicle digital privacy. Regulators and automakers should preemptively take action.
Article
| Jun 23, 2022