Targets 20% Growth in 2024, Emphasizes Business Model Innovation Amidst Shifting B2B Landscape, the B2B (business-to- business) e-commerce platform under the Alibaba Group umbrella, is setting ambitious growth targets for 2024. President Zhang Kuo announced a projected gross merchandise value (GMV) of US$60 billion, signifying a 20% increase compared to the US$50 billion achieved in 2023. Shifting Gears After Exponential Growth This growth target comes after a […]

UK and US Consumers Embrace Cross-Border Shopping, Driven by Fashion and Competitive Prices

A new study by Nosto, a leading commerce experience platform, reveals a significant trend in cross-border e-commerce – a growing appetite among UK and US consumers for shopping online from international retailers. Over Half Embrace Global Shopping The research, based on a survey of 2,000 respondents across both countries this April, indicates that at least […]

French Marketplace Solution Provider Octopia Unveils Octopia Ads

Octopia, a leading provider of e-commerce marketplace solutions, has announced the launch of Octopia Ads, its innovative retail media solution. This marks a significant step forward for Octopia, empowering retailers and brands to leverage the power of targeted advertising within marketplaces. Boosting Visibility with Sponsored Search Octopia Ads offers a comprehensive sponsored search solution, allowing […]

Shipping Costs Surge as China Exporters Scramble Amidst US Tariff and Red Sea Worries

Alarms are ringing in the global shipping industry as container freight rates from China experience a dramatic resurgence. This surge is attributed to a confluence of factors, including anxieties surrounding potential US tariff hikes and ongoing disruptions in the Red Sea. Rates Hit 2-Year High The Shanghai Containerized Freight Index (SCFI), a key benchmark for […]

Royal Mail’s Future Under Czech Billionaire: A Closer Look at the £3.57 Billion Takeover

A landmark deal has been struck in the UK postal landscape, with Royal Mail owner International Distribution Services (IDS) accepting a £3.57 billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group. This news has sparked significant interest and raises questions about the future of the iconic postal service. The Offer and Commitments EP Group’s […]

DMSExpress Now Listed on Track718 for Enhanced Shipment Tracking

DMSExpress, a trusted provider of global logistics solutions, is excited to announce its official listing as a carrier on Track718. This integration empowers users to effortlessly track their DMSExpress shipments directly within the Track718 platform. Streamlined Tracking for DMSExpress Customers DMSExpress customers can now leverage Track718’s comprehensive tracking capabilities to gain real-time insights into the […]

95% European Buyers Embrace Online Shopping,

A new report by AliExpress reveals a robust online shopping culture across Europe, with a staggering 95.8% of surveyed consumers having made online purchases in the first quarter of 2024. However, the data also highlights a potential spending disparity between some European nations. Europe Embraces E-commerce AliExpress’ Consumer Insight Report, based on a survey of […]

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